No good news for Nummi Nov 18, 2009
is spreading its branches with a $212 million deal to buy Diedrich Coffee Inc., whose Castroville roastery is a chief supplier to the fast-growing single-cup market. (Think the Keurig coffeemaker brewing those single-cup portions of Coffee People" and Gloria Jean coffee, which Peet's will henceforth own.) Added to the deal it signed last summer to distribute Godiva coffee to 7,000 stores, Chief Financial Officer Tom Cawley told analysts on a conference call last week, "We would expect sales in... (San Francisco Chronicle -- Business)
Levi & Korsinsky, LLP Investigates Possible Breach of Fiduciary Duty by the Board of Diedrich Coffee Inc. Nov 6, 2009
Levi & Korsinsky, LLP Investigates Possible Breach of Fiduciary Duty by the Board of Diedrich Coffee Inc. - Yahoo ... Levi & Korsinsky, LLP Investigates Possible Breach of Fiduciary Duty by the Board of Diedrich Coffee Inc. ... NEW YORK, Nov. 5, 2009 (GLOBE NEWSWIRE) -- Levi & Korsinsky is investigating the Board of Directors of Diedrich Coffee Inc. ("Diedrich Coffee" or the "Company") (Nasdaq: - ) for possible breaches of fiduciary duty and other violations of state law in connection with their... (Primezone Releases)
Farmland released from conservation program Nov 4, 2009
Peet's Coffee buying Diedrich Coffee for $213M ... said Monday it will buy wholesale roaster and distributor Diedrich Coffee Inc. for $213 million in a move to enter the rapidly growing single-cup coffee market ... The deal also brings Peet's such brands as Diedrich Coffee, Coffee People and the single-serve rights to the Gloria Jean's coffee brand. (Fresno Bee -- Business)
Takeover Roasts a Hot Market for Coffee Stocks Nov 4, 2009
Stock market stars Diedrich Coffee and Peet's Coffee & Tea decide to merge, caffeinating an industry whose shares have been soaring this year ... But the Nov. 3 acquisition of Diedrich Coffee () by Peet's Coffee & Tea () combines two especially hot stocks at a time when the coffee industry is an investor favorite ... "The combined company will accelerate the adoption of the K-Cup single-serve system," Diedrich Coffee Chairman Paul Heeschen told analysts on Nov. 3. (BusinessWeek)
Peet's Coffee Buying Diedrich Coffee for $213M Nov 3, 2009
Peet's Coffee uying Diedrich Coffee for $213 million to enter single-serve brew market ... said Monday it will buy wholesale roaster and distributor Diedrich Coffee Inc. for $213 million in a move to enter the rapidly growing single-cup coffee market ... The deal also brings Peet's such brands as Diedrich Coffee, Coffee People and the single-serve rights to the Gloria Jean's coffee brand. (ABC News -- Wire)
Stocks Tumble On Economic Woes Nov 1, 2009
Diedrich Coffee () plunged 19% in triple its average volume. The stock sliced its 50-day line. (Investors Business Daily)
One Bet You're Sure to Lose Oct 31, 2009
Be warned, the odds are heavily stacked against you. updated 3:00 a.m. ET Oct. 30, 2009. (MSNBC -- Business)
Indexes Stumble On Jobs Data Oct 6, 2009
Diedrich Coffee () fell 6% and breached its 50-day moving average. Price action has shown wild swings in recent weeks. (Investors Business Daily)
This Week's 5 Dumbest Stock Moves Sep 26, 2009
Bean there, done thatShares of Diedrich Coffee (Nasdaq: DDRX) fell 18% after posting its fiscal fourth-quarter results. The company presumably spooked investors when it issued guidance calling for revenue to grow by 44% to 52% in fiscal 2010. (MSNBC -- Business)
Diedrich Coffee Sets Fourth Quarter and Year End 2009 Conference Call for September 21 at 4:30 p.m. ET Sep 16, 2009
Sept. 15 /PRNewswire-FirstCall/ -- Diedrich Coffee, Inc. (Nasdaq: ), a leading roaster and wholesaler of the world's finest coffees, will hold a conference call on Monday, September 21, 2009 at 4:30 p.m. Eastern time to discuss their results for the fourth quarter and fiscal year ended June 24, 2009. Members of Diedrich Coffee's executive management team will host the presentation, followed by a question and answer period ... About Diedrich Coffee. (PR Newswire)
These Will Be the Market's Next Big Movers Aug 29, 2009
Chances are you've never even heard of them. updated 3:00 a.m. ET Aug. 28, 2009. (MSNBC -- Business)
The Stock Market's Coffee Craze Jul 31, 2009
Diedrich Coffee (DDRX) 52-week price ... One small coffee wholesaler, Diedrich Coffee (), is up 6,650% this year ... Green Mountain makes its own K-Cups, but it also licenses that privilege to companies like Diedrich Coffee. (BusinessWeek)
Coffee stocks are piping hot these days Jun 24, 2009
Shares of Diedrich Coffee are up 4,525% this year, Green Mountain has doubled and even Starbucks is up 50. That shows that investors think consumers, despite the recession, still crave their coffee fix, though they're looking for ways to spend less, says Michael Podhorzer of research firm Sidoti. (USA Today -- Money)
Indexes Fall On Mixed Economic Data Jun 18, 2009
eIBD Investor's Business Daily Digital Edition. Access recent eIBD issues easily. (Investors Business Daily)
Diedrich Coffee Agrees to Sell U.S. Gloria Jean's Coffees Franchisee Operations Mar 28, 2009
March 27 /PRNewswire-FirstCall/ -- As part of its strategy to capitalize on the growth of the wholesale specialty coffee market and its strength as a premier roaster and distributor of the world's finest coffees, Diedrich Coffee, Inc. (Nasdaq: ) today announced that it has signed a definitive agreement with Praise International North America, Inc., an affiliate of Gloria Jean's Coffees International, for the sale of its Gloria Jean's Coffees domestic franchise operations ... "In late 2006,... (PR Newswire)