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Green Mountain To Offer Dunkin' Donuts Coffee In Single Cups

DOW JONES NEWSWIRES Green Mountain Coffee Roasters Inc. (GMCR) agreed Tuesday to sell Dunkin' Donuts coffee in its proprietary single-cup servings, the latest move in an increasingly competitive market for individual coffee portions. Financial terms of the deal weren't disclosed. The agreement could prevent a deal between Green Mountain and Dunkin' rival Starbucks Corp. (SBUX), which had been speculated earlier this month. Starbucks has indicated it plans to enter the high-growth single-cup coffee market either through a partnership or with its own offering. Starbucks inked one partnership last week by providing coffee for up to 500,000 hotel rooms that use Courtesy Products' single-cup coffee brewers. Shares of Green Mountain jumped 2.9% to $43 in premarket trading Tuesday, while Starbucks shares were off 0.6% to $33.80 on light volume. "GMCR's agreement with Dunkin' Donuts is part of our strategy of aligning with the strongest coffee brands to support a range of consumer choice and taste profiles," Green Mountain Chief Executive Lawrence J. Blanford said in a statement. Green Mountain said Dunkin' Donuts will sell packs of 14 single-serve K-Cup servings at its coffee shops for use with Green Mountain's Keurig single-cup brewers. -By Drew FitzGerald, Dow Jones Newswires; 212-416-2909; Andrew.FitzGerald@dowjones.com

Stock News for Green Mountain Coffee Roasters (GMCR)
DateTimeHeadline
03/17/201416:55:36MARKET SNAPSHOT: U.S. Stocks Rise; S&P 500 Positive For The Year
03/17/201412:52:26MARKET SNAPSHOT: U.S. Stocks Up; S&P 500 Positive For The Year
03/17/201409:37:33U.S. Hot Stocks: Hot Stocks to Watch
03/14/201418:50:43Keurig Green Mountain Added to S&P 500 Index
03/14/201410:00:12Starbucks to End Exclusivity Deal with Keurig
02/06/201417:21:39MARKET SNAPSHOT: U.S. Stocks See Best Gains In 7 Weeks
02/06/201414:01:15MARKET SNAPSHOT: U.S. Stocks Rally On Data, Upbeat Earnings
02/06/201412:32:47MARKET SNAPSHOT: Dow Rallies Triple Digits On Upbeat Labor-market...
02/06/201412:29:52MARKET SNAPSHOT: U.S. Stocks Open Higher; Disney Jumps On Results
01/31/201416:08:17Jobs Report, Yellen, Results from Media Companies, Twitter, GM...
11/21/201313:30:41Einhorn: Still Long Apple, Still Short Green Mountain -CNBC
11/21/201309:22:14U.S. Hot Stocks Futures: Hot Stocks to Watch
11/20/201317:40:44Green Mountain Profit Jumps 38% as Sales Rise
11/15/201309:18:03OZ Management LP 3Q 13F: Largest Eliminations
11/15/201309:01:33HBK Investments LP 3Q 13F: Holdings As Of Sep 30 -2-
11/15/201309:01:33HBK Investments LP 3Q 13F: Holdings As Of Sep 30
11/15/201308:53:17D. E. Shaw & Co. LP 3Q 13F: Holdings As Of Sep 30 -2-
11/15/201308:53:17D. E. Shaw & Co. LP 3Q 13F: Holdings As Of Sep 30
11/15/201308:39:36Kingdon Capital Management 3Q 13F: Largest Eliminations
11/15/201308:39:34Kingdon Capital Management 3Q 13F: Holdings As Of -2-

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