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Caribou Coffee Company, Inc. (CBOU)

CBOU is defunct.
  • Dec. 13, 2013, 7:51 AM
    • Robusta coffee prices rose to their highest level in three months in London trading after bean stockpiles fell more than forecast.
    • Arabica coffee prices also showed gains.
    • Related stocks: SBUX, GMCR, SJM, KRFT, CBOU, JVA, KKD, NSRGY, DNKN.
    • Related ETFs: JO.
  • Nov. 15, 2013, 10:53 AM
    • Futures prices on Robusta coffee showed their biggest gain in 15 months as supply issues cropped up.
    • Among other factors, the remnants of Typhoon Haiyan hit key regions of Vietnam with torrential rainfall.
    • Robusta coffee prices are still down 22% YTD despite the recent rally.
    • In general, mass-market coffee use the Robusta bean variety, while premium sellers use Arabica.
    • Related stocks: SBUX via Seattle's Best, GMCR, SJM, KRFT, CBOU, JVA, KKD, NSRGY.
    • Related ETFs: JO
  • Nov. 7, 2013, 7:20 AM
    • Arabica coffee prices fell to a five-year low as the harvests in Brazil and Colombia continue to come in bountiful.
    • The price on a December Arabica contract fell to $1.031 to mark the lowest level for a most-traded contract since 2008.
    • Related stocks: SBUX, GMCR, SJM, KRFT, CBOU, JVA, KKD.
    • Related ETFS: JO
  • Sep. 9, 2013, 10:36 AM
    • Robusta coffee prices fell to their lowest level in more than two years with estimates on crop yields from Vietnam ranging higher.
    • A weak Brazilian real and a bumper crop in Columbia are factors in keeping Arabica prices lower as well.
    • Related stocks: SBUX, GMCR, SJM, KRFT, CBOU, JVA, KKD.
    • Related ETFs: JO
    | 1 Comment
  • Aug. 16, 2013, 11:30 AM
    • Caribou Coffee (CBOU) continues to adopt a strategy to differentiate itself from rivals.
    • In a clever marketing spin, the company says closing stores nationally falls into a broader strategy of pressing the David vs. Goliath theme.
    • Caribou expects to squeeze more profits out of each store with its streamlined approach.
    | Comment!
  • May 15, 2013, 1:08 PM
    The International Coffee Organization forecasts coffee production in Central America will shrink 16% during the current growing season that runs from October to September due to a widespread fungus in the region that is wreaking havoc. Though only 10% of the world's coffee comes from Central American countries, it's an important region for many premium blend sellers. Wholesale coffee buyers: GMCR, KRFT, SJM, SBUX, CBOU.
    | 1 Comment
  • Apr. 12, 2013, 3:25 AM
    A consortium led by Joh A Benckise (JAB) has agreed to acquire D.E. Master Blenders 1753 for €12.50 a share in a deal that values the maker of Douwe Egberts coffee and Pickwick tea at €7.5B. The price is lower than the €12.75 mentioned when the sides first disclosed talks about a transaction in March. The purchase would add to JAB's stakes in Peet's (PEET) and Caribou Coffee (CBOU). (PR)
    | Comment!
  • Apr. 11, 2013, 8:24 AM
    Joh. A. Benckiser is reported to be set to finalize its bid for D.E. Masters Blenders with bank financing in place. The coffee company already holds a stake in Peet's (PEET) and Caribou Coffee (CBOU).
    | Comment!
  • Apr. 8, 2013, 2:52 PM
    Caribou Coffee (CBOU) plans to pull out of Chicago, according to the Chicago Tribune. Some locations will be converted to Peet's Coffee and Teas shops while others will be shuttered, according to execs.
    | 1 Comment
  • Mar. 28, 2013, 7:02 AM
    D.E. Master Blenders is in buyout talks with a group of private investors led by Joh. A. Benckiser. for a deal price close to €7.6B ($9.7B). Benckisers already owns stakes in coffee players Peet's (PEET) and Caribou Coffee (CBOU). Shares of D.E. Master Blenders are up 26% in Amsterdam trading.
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  • Dec. 17, 2012, 12:45 PM
    Midday top 10 gainers: GNVC +37%. CBOU +30%. HRT +16%. CEDC +15%. OCZ +13%. CPWR +13%. ONCY +13%. JVA +12%. VELT +12%. HTCH +12%.
    Midday top 10 Losers: SCL -48%. GYRO -31%. END -20%. OPXA -13%. CLWR -12%. XUE -12%. SSE -11%. ALIM -11%. RVM -11%. NBG -9%.
    | 1 Comment
  • Dec. 17, 2012, 10:36 AM
    Shares of Caribou Coffee (CBOU +30%) soar right past $16 which marks the price Joh. A. Bencksier has on the table for the company. The cheerful rally is an indication that at least a few traders are speculating a higher offer could come down the pike. Though Caribou Coffee is the second largest coffee chain behind Starbucks and could add to its retail footprint, the early read on the deal from Starbucks (SBUX +1.6%) investors leans toward indifference.
    | Comment!
  • Dec. 17, 2012, 9:20 AM
    Coffee consolidation: The buyer of Caribou Coffee (CBOU), Joh. A. Benckiser, already dipped into the sector with a $974M deal to buy Peet's Coffee & Tea last summer. The quick analyst take on the new acquisition is that a Caribou-Peet's consolidation could percolate. Coffee Holdings (JVA) is catching a bid off the news, up 8.1% premarket.
    | 1 Comment
  • Dec. 17, 2012, 9:13 AM
    Caribou Coffee (CBOU) announces it will be acquired by Joh. A. Benckiser for $16.00 a share, repping a 30% premium over Friday's closing price. Shares of CBOU are currently halted.
    | Comment!
  • Nov. 27, 2012, 5:45 PM
    After-hours top gainers, as of 5:15 p.m.: GMCR +23.3%. CIG +3.8%. CBOU +2/7%. PFPT +2.7%. ANN +2.4%. After-hours top losers: CWTR -5.7%. MJN -3.3%. ADI -3.2%. IGT -3.1%. ODP -2.1%.
    | Comment!
  • Nov. 16, 2012, 7:51 AM
    A coffee trade-down in play? With Wal-Mart (WMT) and J.M Smucker (SJM) both reporting strong K-Cup sales during Q3, retail analysts see the opening of the single-serve market playing out as expected. Although it's a sticky wicket trying to convince a Green Mountain Coffee Roasters (GMCR) or Starbucks (SBUX) fan that consumers will flock to Folgers or Sam's Club coffee products, early results are promising. Keep an eye on pricing in the coffee market, with Caribou Coffee (CBOU) and Treehouse Foods (THS) trying to recover from recent K-Cup stumbles.
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Company Description
Currently, there's no company description for CBOU.
Sector: Services
Country: United States