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Green Mountain Agrees To Sell Starbucks For Keurig System

DOW JONES NEWSWIRES Green Mountain Coffee Roasters Inc. (GMCR) has agreed to sell Starbucks Corp.'s (SBUX) coffee and Tazo tea brands for its Keurig Single-Cup brewing system starting this fall. Two weeks ago, Green Mountain agreed to sell coffee from Starbucks' rival, Dunkin' Donuts, another move in an increasingly competitive market for individual coffee portions. Meanwhile, the licensing agreement further expands Starbucks' presence in the single-cup coffee market, following the launch of the coffee giant's VIA Ready Brew last year. The agreement provides for the manufacturing, marketing and selling of Starbucks and Tazo-branded K-Cup portion packs throughout the U.S. and Canada. Shares of Green Mountain closed at $43.64 and were inactive premarket. As of Wednesday's close, the stock is up 42% the past year. Starbucks was also inactive premarket after closing at $34.54. -By Melodie Warner, Dow Jones Newswires; 212-416-2283; melodie.warner@dowjones.com

Stock News for Green Mountain Coffee Roasters (GMCR)
DateTimeHeadline
05/09/201307:01:17U.S. HOT STOCK FUTURES: HOT STOCKS TO WATCH
05/08/201317:40:52Starbucks, Green Mountain Coffee Extend Beverage-Pod Pact
05/08/201317:02:38Green Mountain 2nd-Quarter Profit Rose 42% On Stronger Sales...
05/03/201313:11:39Kraft Cuts Gevalia Coffee Price 6% Due to Lower Costs
02/07/201317:04:13MARKET SNAPSHOT: U.S. Stocks Close Lower On Buying Fatigue
02/07/201314:51:06MARKET SNAPSHOT: U.S. Stocks Decline On Buying Fatigue
02/07/201313:20:13MARKET SNAPSHOT: U.S. Stocks Drop After Economic Data
02/07/201308:16:08MARKET SNAPSHOT: Stock Futures Rise Ahead Of Data; Draghi To...
02/07/201307:25:50MARKET SNAPSHOT: Stock Futures Up; Data, ECB, Retail Sales Ahead
01/23/201315:30:38Einhorn's Firm Shorted Herbalife Shares in 2012
11/28/201214:53:49MARKET SNAPSHOT: U.S. Stocks Gain As Politicians Talk Deal
11/28/201211:59:36MARKET SNAPSHOT: U.S. Stocks Revert To Gains On Budget Talk
11/28/201210:45:34MARKET SNAPSHOT: U.S. Stocks Lower As 'cliff' Worries Persist
11/24/201206:21:14MARKET SNAPSHOT: Fiscal Cliff, Europe In Focus For Coming Week
11/23/201215:04:19US EQUITIES WEEK AHEAD: Results Due From Retailers, Food Cos;...
11/08/201207:30:16Green Mountain's Keurig Steps Up to Competition with Espresso...
10/11/201218:04:21Kraft Foods To Sell Maxwell House, Gevalia Single-Serve Coffee...
10/02/201213:05:33Greenlight's Einhorn Says Short Chipotle, Likes GM Shares
08/01/201216:58:27Green Mountain Coffee 3rd-Quarter Net Up 30%; Approves $500 Million...
07/13/201217:33:26Green Mountain Bears Find More Grounds for Pessimism

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