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Starbucks Unveils New Coffee Makers Under Verisimo Brand

DOW JONES NEWSWIRES Starbucks Coffee Co. (SBUX) on Thursday unveiled its new single-serve coffee maker system, stepping up the level of competition in a fast growing part of the market. The new system, called Verismo, will brew Starbucks brand espresso drinks as well as plain coffee in a proprietary machine. The coffee giant partnered with Germany's Krueger GmbH to provide the single-serve coffee cups, which tend to offer wide margins. Starbucks shares rose 1.2% to $50.95 after-hours, while Green Mountain Coffee Roasters Inc. (GMCR), provider of competing Keurig-brand coffee cups, was off 19% at $50.32. Starbucks plans to introduce its coffee cups in the U.S., Canada and select international markets this fall. -By Drew FitzGerald, Dow Jones Newswires; 212-416-2909; Andrew.FitzGerald@dowjones.com

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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