11:06 AM
Krispy Kreme Doughnuts (KKD) +15.4% to $2.63 after reporting a narrower quarterly loss, and announcing credit-pact amendments that should allow the donut maker to remain in compliance with covenants and provide backup liquidity.
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Tuesday, July 1, 2008
09:28 AM
Analysts are highly suspicious of Krispy Kreme Doughnuts' (KKD +10.4%) suitor. 23-year-old Dee Guess, the group's managing director, has a spotty past. Guess says the offer is legit.
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09:23 AM
A mysterious private-equity group says it offered $7.25/share (more than $500M) for Krispy Kreme Doughnuts (KKD). Shares are up 12%.
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