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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
05/13/201416:40:28MARKET SNAPSHOT: U.S. Stocks Rise; S&P 500, Dow At Record
05/13/201410:42:12MARKET SNAPSHOT: U.S. Stocks Edge Higher; S&P 500, Dow At Record
05/13/201410:22:08Coca-Cola to Increase Green Mountain Stake to 16% -- 2nd Update
05/13/201408:40:07Coca-Cola to Increase Keurig Green Mountain Stake
05/08/201416:48:55MARKET SNAPSHOT: U.S. Stocks Decline; Nasdaq Leads Losses
05/08/201414:40:16MARKET SNAPSHOT: U.S. Stocks Pare Gains; Nasdaq Leads Losses
05/08/201411:23:18MARKET SNAPSHOT: U.S. Stocks Rise On Jobless Claims, Draghi Easing...
05/08/201410:29:06MARKET SNAPSHOT: U.S. Stocks Rise On Draghi's Dovish Comments
05/08/201409:51:13U.S. Hot Stocks: Hot Stocks to Watch
05/07/201416:42:17MARKET SNAPSHOT: U.S. Stocks Close Higher; Nasdaq Trims Losses
05/07/201414:38:26MARKET SNAPSHOT: U.S. Stock Gains Capped By Selling Of Techs
05/07/201411:15:29MARKET SNAPSHOT: U.S. Stocks Search For Direction Amid Volatility
05/07/201410:41:18MARKET SNAPSHOT: U.S. Stocks Turn Negative On Yellen's Remarks
05/07/201410:24:36MARKET SNAPSHOT: U.S. Stocks Edge Higher; Nasdaq Lags Behind
05/04/201413:29:47MARKET SNAPSHOT: Stocks Are Riding Optimism, Not Earnings, To...
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
03/14/201418:50:43Keurig 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

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