Brotherhood of the Bean |  |
- Coffee Prices Plummet to Six-Month Low
- Starbucks: Coffee Perks or Putters?
- Green Mountain Drives Rise in Coffee Stocks
| Coffee Prices Plummet to Six-Month Low Posted: 29 Jul 2011 10:00 AM PDT NEW YORK (TheStreet) — Coffee prices slid to a six-month low Thursday on concerns about excess supply amid favorable weather conditions in Brazil — the world’s largest coffee producer. September Arabica coffee futures hit a six-month low of $2.3720 a pound Thursday before paring losses. The contract was falling 0.7% to $2.3945 a pound Thursday afternoon. “Expectations are that weather there … |
| Starbucks: Coffee Perks or Putters? Posted: 29 Jul 2011 10:00 AM PDT SEATTLE (TheStreet) — Starbucks has been plagued by soaring coffee prices and famously raised prices by 17% in the recent quarter. Market watchers will pay close attention to the coffeehouse giant’s earnings report, scheduled to be released after the closing bell Thursday, to see if consumers swallowed a more expensive java or curbed their daily fix. Analysts are calling for Starbucks to have … |
| Green Mountain Drives Rise in Coffee Stocks Posted: 29 Jul 2011 10:00 AM PDT WATERBURY, Vt. (TheStreet) — Green Mountain Coffee Roasters is crushing the one-cup coffee brewing market, and its strong profit numbers are driving rival coffee stocks like Starbucks , Tim Hortons and McDonald’s higher. Following a stellar earnings beat after the closing bell Wednesday, Green Mountain shares surged nearly 22% at their all-time peak on Thursday, coming off their highs in early … |
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