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JP Morgan analyst Ken Goldman asks about cost of beans rising above $SJM's expectations. $SJM says that it felt comfortable with the pricing changes it made, but as it gets into the key selling season, $SJM says that it has got the sharpest price points that it has had in a while. The next few months will tell where coffee price will settle out to.
$SBUX launched its annual “Starbucks for Life” competition in the U.S. and Canada. The winner of the competition will receive a credit of one drink or food item per day for a duration of 30 years.
$T shares rose 1.8%, as a big boost for the S&P 500. The company said its new streaming television service DirectTV has so far exceeded expectations.
$TXMD flying high.. anyone here to catch..?
$CMG crashing. There seems to be nothing good to read about this company.