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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
05/09/201307:01:17U.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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