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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: -Dow Jones Newswires; 212-416-2900

Stock News for Green Mountain Coffee Roasters (GMCR)
10/01/201516:03:26Current Report Filing (8-k)
09/29/201506:00:00Keurig Green Mountain Announces the Launch of Keurig KOLD
09/11/201518:31:00PepsiCo Expands Soda Partnership With Home Carbonation Maker...
09/11/201509:40:00PepsiCo Expands Partnership With SodaStream
09/09/201522:18:00Campbell’s® Fresh-Brewed Soup®, la primera sopa caliente ela...
09/09/201522:18:00Fresh-Brewed Soup ® da Campbell®, a primeira sopa quente feita e...
09/09/201513:02:00Campbell’s® Fresh-Brewed Soup®, The First-Ever Hot Soup Made Exc...
09/02/201517:19:30Statement of Changes in Beneficial Ownership (4)
09/02/201516:14:08Statement of Changes in Beneficial Ownership (4)
08/27/201517:05:03Statement of Changes in Beneficial Ownership (4)
08/26/201508:00:00Keurig Fans Can Now Live Happilly with illy Brand Coffee
08/26/201508:00:00Les amateurs de la marque Keurig pourront désormais savourer...
08/18/201517:20:21Initial Statement of Beneficial Ownership (3)
08/17/201515:33:00SHAREHOLDER UPDATE: Levi & Korsinsky, LLP Notifies Shareholders...
08/14/201517:11:00GPM Announces Expanded Class Period in the Securities Class Action...
08/13/201513:29:00GPM Reminds Investors of the Upcoming Deadline in the Class Action...
08/06/201512:44:00GMCR INVESTOR ALERT: The Law Offices of Howard G. Smith Reminds...
08/06/201510:03:00Shareholder Alert: Bronstein, Gewirtz & Grossman, LLC Reminds...
08/06/201509:51:08U.S. Hot Stocks: Hot Stocks to Watch
08/05/201516:37:34Quarterly Report (10-q)

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