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T2's Tilson Talks Down Green Mountain, But Likes Netflix -CNBC

DOW JONES NEWSWIRES T2 Partners' Whitney Tilson Wednesday reinforced talk of potential accounting fraud at Green Mountain Coffee (GMCR), saying in an interview on CNBC that he believes investigators will find something. "We think they're going to find something," the money manager said. The Securities and Exchange Commission already is investigating the company, Tilson told the network. Asked in a wide-ranging interview his view of Netflix Inc. (NFLX), Tilson said Chief Executive Reed Hastings of late has made errors, but that the company is on the right track in terms of profits. Hastings is a "real visionary," said Tilson, although he has "clearly made some mistakes by his own admission" of late. He was wrong on the Qwikster fix but corrected that, said Tilson. Importantly, however, Hastings didn't back down on pricing issues, which was the right move, said Tilson. The move cost Hastings some subscribers, but that loss will stabilize, said Tilson, and Hastings will have a "higher profit company." Website: www.cnbc.com/ -Dow Jones Newswires; 212-416-2900

Stock News for Green Mountain Coffee Roasters (GMCR)
DateTimeHeadline
05/24/201509:15:03Keurig Green Mountain, Inc. Gets Frosty Reception for Pricey...
05/20/201516:21:03Statement of Changes in Beneficial Ownership (4)
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05/17/201508:41:10Keurig Green Mountain Buys SodaStream Some Time
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05/15/201514:49:00EQUITY ALERT: The Rosen Law Firm Announces Investigation of Securities...
05/14/201522:09:00Investigation of Keurig Green Mountain, Inc. Announced by Glancy...
05/11/201515:00:02What Keurig's New Stance On DRM Means for Unlicensed K-Cups
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05/06/201517:28:45Trouble Brews at Keurig Green Mountain
05/06/201516:24:05Quarterly Report (10-q)
05/06/201516:08:55Current Report Filing (8-k)
05/06/201516:07:11Current Report Filing (8-k)
05/06/201516:00:00Keurig Green Mountain Names Peter G. Leemputte Chief Financial...
05/06/201516:00:00Keurig Green Mountain Reports Fiscal Second Quarter 2015 Results
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05/06/201506:22:09MARKET SNAPSHOT: U.S. Stocks Set For Rebound With Jobs, Yellen...
05/05/201516:00:00Keurig Green Mountain Announces Webcast of Keurig KOLD Investor...
05/04/201520:10:20Keurig Green Mountain Stock Rating Upgraded by Vetr Inc. (GMCR)
05/04/201519:40:32Statement of Changes in Beneficial Ownership (4)

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