Digg
Del.icio.us
Newsvine 
Facebook
Stumbleupon
NEW YORK - Green Mountain Coffee is expected to report a 50 percent jump profit when it reports earnings for its fiscal fourth quarter Wednesday.
| GMCR | 38.52 |  -0.76 |
The increase is partly due to steady sales of a lower-priced mini model of its Keurig single-cup coffee maker, which sells for $79.95, says Stifel Nicolaus analyst Mark S. Astrachan.
Looking ahead, Green Mountain could struggle as consumers scale back on pricier purchases, Astrachan says, noting the most popular Keurig model sells for about $150. Still, he recently lifted his rating to "Hold" from "Sell," saying the shares, which are down about 40 percent so far this year, are cheap.
Analysts surveyed by Thomson Reuters expect Green Mountain to report a quarterly profit of 21 cents, up from 14 cents a year earlier.
You've heard the talk of "Green" throughout the whole of 2008, bu...
Lenovo, with its IdeaPad line series is previewing Y-Series IdeaPad Y650 laptops at CES in Las Vegas together with other new Ideapad Y-series.
Surplus on Germany's goods and services trade with the rest of the world has narrowed in November as both exports and imports decreased, accordin...
Cisco will unveil new consumer products and initiatives during apress conference at the 2009 ...
Buy Real Estate, Tax Liens, and more- Fund your business or franchise without debt
Building your business and corporate credit for your small business.
Get your next web design project done with our los angeles web design team - Best web design with great price.
Partners   
|
© 2009 The Ibtimes Company. All Rights Reserved. Terms of service | Privacy Policy | Advertising | About Us | Contact Us | Archives
EMAIL
PRINT
RSS
SHARE
