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PEET News

Hey Joe! 2013 Is Year to Own Coffee

Coffee prices may be very close to a bottom, providing an attractive investment in the new year.

Buy Green Mountain When Others Sell

Priced this low, more interest should be brewing for this coffee maker.

Morning Briefing: 10 Things You Should Know

U.S. stock futures higher; BP posts a $1.4 billion quarterly loss; Pfizer reports earnings on Tuesday.

Analysts Miss - Not Starbucks

Starbucks supposedly missed their earnings estimates, but it seems the analysts were the ones that didn't see this coming.

Starbucks' Valuation More Vulnerable Than Its Brand

Starbucks earnings will serve as a referendum on CEO Howard Schultz's growth strategy.

Breaking News

Gap Stock Slumps On Wider Q1 Loss, Grim Profit Outlook As Shoppers Shun Casual Apparel

"Supply chain challenges and persistent delays significantly limited the brand's responsive abilities" to changing consumer trends, CEO Sonia Syngal told investors Thursday.

Big Lots Stock Crumbles After Surprise Q1 Loss As Inflation, Gas Price Surge Bites Spending

"We believe the slowdown was caused by the spending pressure our consumers felt from higher gas prices and broader inflation," said CEO Bruce Thorn.

Costco Beats Q3 Sales Forecast, Membership Revenues Near $1 Billion

Costco took in $984 million in new membership fee in its fiscal third quarter, helping the bulk retailer top Street forecasts for topline revenues.