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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
02/10/201610:39:56Amended Statement of Ownership (sc 13g/a)
02/08/201616:02:28Additional Proxy Soliciting Materials (definitive) (defa14a)
02/08/201608:01:31Additional Proxy Soliciting Materials (definitive) (defa14a)
02/04/201616:46:39Current Report Filing (8-k)
02/01/201608:05:03Current Report Filing (8-k)
01/27/201617:09:00Robbins Geller Rudman & Dowd LLP Files Class Action Suit Against...
01/22/201616:16:56Amended Annual Report (10-k/a)
01/20/201614:49:05Additional Proxy Soliciting Materials (definitive) (defa14a)
01/20/201614:47:19Current Report Filing (8-k)
01/12/201617:30:25Proxy Statement - Merger or Acquistion (definitive) (defm14a)
01/11/201613:52:03Amended Statement of Ownership (sc 13g/a)
01/04/201617:12:20Statement of Changes in Beneficial Ownership (4)
01/04/201617:11:48Statement of Changes in Beneficial Ownership (4)
12/18/201517:33:17Statement of Changes in Beneficial Ownership (4)
12/17/201518:05:00SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation...
12/11/201506:00:00Watch the latest episode of BizWireTV from Business Wire
12/10/201516:46:00INVESTOR ALERT: Brower Piven Commences An Investigation Into...
12/10/201513:58:25Statement of Ownership (sc 13g)
12/09/201517:18:02Additional Proxy Soliciting Materials (definitive) (defa14a)
12/09/201513:02:00Keurig Green Mountain, Inc. Stockholders Encouraged to Contact...

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