From a new Taco Bell menu item sure to soar, to a short-sighted activist taking aim at the Dell deal, here's a rundown of this week's best and worst moves in the business world.
Coffee bean prices are plunging, and the companies behind such brands as Maxwell House, Folgers, and Dunkin' Donuts are all slashing prices, passing the savings on to consumers. But one coffee giant is determined to keep its prices high: Starbucks.
The Standard & Poor's 500 index closed above 1,500 on Friday for the first time since the start of the Great Recession in 2007, lifted by strong earnings from Procter & Gamble and Starbucks.
Companies can do brilliant things, but there are also times where they fall flat on their faces. Sometimes CEOs can save the day, but at other times, they say and do the darndest things. There were plenty of winners and blunders this week. Let's check out some of them.
Green Mountain Coffee Roasters, the company behind the Keurig single-cup brewer and the K-Cup, posted piping hot quarterly results after Tuesday's market close, blowing away analysts' lukewarm expectations of flat earnings.
As far as java sippers go, Green Mountain Coffee Roasters is hot. They love its Keurig single-cup brewers and K-cups. Investors see a different company entirely, and the outlook for that one appears bitter.
There's a new contender for the dumbest CEO crown: Robert Stiller, the now ex-chairman of Green Mountain Coffee Roasters. And the stupid mistake that cost him his job -- and a lot of money -- was an investing choice that you might be making too.
Shares of Green Mountain Coffee Roasters crashed after an abysmal quarterly report Wednesday night. The company behind the Keurig coffeemaker and the single-service K-Cup failed to live up to its guidance, and its 2012 outlook is even more disappointing.
When the new Verismo coffeemaker shows up later this year, java buffs will be able to make Starbucks-quality espresso, cappuccino and latte beverages at home. But will the fancy European coffee drinks it'll crank out really be as good as Starbucks? Starbucks probably hopes so.
The convenience of single-cup coffeemakers is undeniable: They're simple. They're fast. They're clean. What they aren't, unless you're comparing them to a Starbucks habit, is cheap. Think $50-a-pound coffee. But it's possible reduce the cost of your K-cup caffeine hit.
Just a few months ago, coffee-related companies were as hot as a steaming cup of joe. Buoyant coffee bean prices, a growing consumer appetite for premium coffee, and a few company-specific events fueled a rally in the niche. But the hype has lost it caffeine buzz, and prices are way down.
Words can move the market, especially when the person mouthing those words is legendary hedge fund manager David Einhorn. Shares of Green Mountain Coffee Roasters tumbled 10% after Einhorn revealed that he was betting against the company. Let's go over three reasons he may have sipped more than he can slurp here.
The popular hub of latte lovers and Frappuccino sippers may be rolling right now, but the longer term outlook is far more challenging. A good cup of coffee is surprisingly easy to find these days, as is a Green Mountain Coffee Roasters' K-cup.
Remember when Starbucks was special? Now you can get a good cup of coffee just about anywhere, including at home. If you're seeking the next hot beverage business with lots of room for growth, it's Teavana, the mall-based tea retailer that went public last month and expects to open 50 new stores this fiscal year.
Shares of Green Mountain Coffee Roasters plummeted 17.4% in morning trading Wednesday after the company announced that it had discovered $4.4 million worth of accounting errors dating back to 2007, and that the SEC had started a probe.
Green Mountain Coffee Roasters will buy gourmet coffee roaster Van Houtte for C$915 million ($891 million).
When it comes to ground coffee, blends of beans are the top sellers in America. Sadly, this means most buyers aren't getting a great cup of java, says Consumer Reports, which tested 37 varieties without finding a single one it could rate "excellent" or "very good."