ADVFN - Advanced Financial Network.
HOME» NASDAQ » J » JMBA Stock Price » JMBA Stock News

Jamba Share News

 Jamba (mm) Stock Price
JMBA Stock Price
 Jamba (mm) Stock Chart
JMBA Stock Chart
 Jamba (mm) Stock News
JMBA Stock News
 Jamba (mm) Company Information
JMBA Company Information
 Jamba (mm) Stock Trades
JMBA Stock Trades

Nestle, Jamba Close To Renewing US Fruit Energy Drinks Tie-Up

By Katharina Bart Of DOW JONES NEWSWIRES ZURICH -(Dow Jones)- Nestle SA (NESN.VX) said Tuesday that it is close to renewing a cooperation with U.S.-based smoothies maker Jamba Juice Inc. (JMBA) over fruit-based energy drinks, an attempt to compete with other caffeinated beverages such as Red Bull. The Vevey, Switzerland-based food and beverage firm didn't disclose the financial terms of the partnership, which plans to sell energy drinks with natural caffeine under the Nestle-Jamba brand in the northeastern U.S. from next year. Nestle's potential deal with Jamba follows the purchase of drinks manufacturer Vitality Foodservice nearly one year ago, for an undisclosed price. "Nestle Jamba All-Natural Energy Drinks will allow retailers to capitalize on the growing trend of consumers seeking more health-oriented, fruit-based natural beverages that provide quick energy without all the artificial ingredients," Rob Case, Nestle's head of beverages, said in a statement. While small for Nestle, which reported first-half sales of 55.34 billion Swiss francs ($56.47 billion), Jamba could serve up a new consumer segment for the Swiss company, independent food industry analyst James Amoroso said. "Time will tell, but it's a potential new segment; it makes an awful lot of sense to have something natural and good for you--I think that's quite clever," Amoroso said. Nestle shares were little-changed following the news, analysts with Zuercher Kantonalbank said because the potential deal "won't move the needle" for Nestle. At 1436 GMT, Nestle stock was up CHF0.40, up 0.8%, at CHF52.55, in an overall higher broader Swiss blue-chip market. -By Katharina Bart, Dow Jones Newswires; +41 43 443 8043;

Stock News for Jamba (JMBA)
11/30/201518:41:06Statement of Changes in Beneficial Ownership (4)
11/25/201517:33:13Statement of Changes in Beneficial Ownership (4)
11/25/201517:32:42Statement of Changes in Beneficial Ownership (4)
11/25/201516:47:52Amended Statement of Beneficial Ownership (sc 13d/a)
11/18/201517:59:14Statement of Changes in Beneficial Ownership (4)
11/18/201517:41:25Amended Statement of Changes in Beneficial Ownership (4/a)
11/18/201517:39:38Amended Statement of Changes in Beneficial Ownership (4/a)
11/18/201517:38:41Amended Statement of Changes in Beneficial Ownership (4/a)
11/16/201508:30:00Jamba Juice to Open Innovative Concept Store in Pasadena
11/12/201514:23:50Statement of Changes in Beneficial Ownership (4)
11/12/201508:30:00Jamba Juice Customers Can Skip the Line® with Mobile Order Ahead...
11/09/201518:40:00Jamba Posts Profit Amid Focus on Franchising
11/09/201518:37:47Quarterly Report (10-q)
11/09/201516:34:18Current Report Filing (8-k)
11/09/201516:05:00Jamba, Inc. Announces Third Quarter 2015 Financial Results
11/09/201506:07:46Statement of Changes in Beneficial Ownership (4)
11/04/201518:02:37Statement of Changes in Beneficial Ownership (4)
11/04/201508:30:00Jamba Juice and Blendtec to Develop a Fully-Optimized Blending...
11/03/201517:32:07Current Report Filing (8-k)
11/03/201508:30:00Jamba Juice Opens its First Taiwan Location, Marking its 71st...

Jamba and other NASDAQ stock quotes are delayed by at least 20 minutes.
All other stock price and quote data is delayed by at least 15 minutes unless otherwise stated. By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations