Retail
Green Mountain... In Favor Again With Starbucks? (GMCR, SBUX)
Published:
Last Updated:
Green Mountain Coffee Roasters, Inc. (NASDAQ: GMCR) had been lower on word that Starbucks Corporation (NASDAQ: SBUX) was going to have its own brewing initiative despite the partnership that exists between the two. Now it appears that things might be on the mend because Green Mountain and Starbucks have announced an expanded pact.
Today’s news covers “the expansion of their strategic relationship for the manufacturing, marketing, distribution and sale of Starbucks-branded Vue™ packs for use in GMCR’s recently introduced Keurig® Vue™ Brewer.”
Shares of Starbucks are up $0.03 at $53.76 and it iw worth $40.4 billion in market capitalization today. Green Mountain is up over 5% at $53.35 on the news.
JON C. OGG
Travel Cards Are Getting Too Good To Ignore
Credit card companies are pulling out all the stops, with the issuers are offering insane travel rewards and perks.
We’re talking huge sign-up bonuses, points on every purchase, and benefits like lounge access, travel credits, and free hotel nights. For travelers, these rewards can add up to thousands of dollars in flights, upgrades, and luxury experiences every year.
It’s like getting paid to travel — and it’s available to qualified borrowers who know where to look.
We’ve rounded up some of the best travel credit cards on the market. Click here to see the list. Don’t miss these offers — they won’t be this good forever.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
