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Peet's Coffee & Tea Unveils New Light Freddos

By admin on Wednesday, July 6th, 2011 | No Comments

  EMERYVILLE, Calif., Jul 06, 2011 (BUSINESS WIRE) — Peet’s Coffee & Tea /quotes/zigman/85136/quotes/nls/peet PEET +0.31% , the premier specialty coffee and tea company in the U.S., today introduced its new Light Freddo line of blended iced coffee beverages. Available at all Peet’s retail locations, the new Light Freddos have up to 50% fewer calories [...]

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Should You Invest In Peet's Coffee & Tea, Inc. (Nasdaq:PEET)?

By admin on Monday, June 20th, 2011 | No Comments

Last Friday, Peet’s Coffee & Tea Inc.’s (Nasdaq:PEET) share price gained $1.83, or 3.53 percent, touching a 52-week new peak of $53.69. However, analysts’ consensus one year target price is at $46. Is the stock price likely to see some downward pressure? If so is it worth buying on dips? How PEET generates revenue? Peet’s [...]

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Peet's Coffee & Tea Stock Hits New 52-Week High (PEET)

By admin on Saturday, June 18th, 2011 | No Comments

NEW YORK (TheStreet) — Peet’s Coffee & Tea (Nasdaq:PEET) hit a new 52-week high Friday as it is currently trading at $54.48, above its previous 52-week high of $52.74 with 62,283 shares traded as of 9:46 a.m. ET. Average volume has been 152,700 shares over the past 30 days. Peet’s Coffee & Tea has a [...]

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Starbucks to replace Peet's Coffee & Tea in campus cafés – The …

By admin on Thursday, April 21st, 2011 | No Comments

Students will no longer need to travel off campus to order grande frappuccinos or tall macchiatos for their afternoon pick-me-ups. Set to begin during summer session, nine on-campus coffee shops, including MacKinnon’s Café and Otto’s Café, will “proudly serve” Starbucks coffee and some specialty drinks, said Director of Retail Food Operations David Gingher. The move [...]

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Starbucks Should Not Buy Peet's, Investors Say

By admin on Sunday, March 27th, 2011 | No Comments

SEATTLE (TheStreet) — Rumors of Starbucks(SBUX) looking to acquire Peet’s Coffee(PEET) may have been laid to rest — for now — and readers of TheStreet are glad about it.  Reports began circulating on March 15 that Peet’s and Starbucks recently held talks to discuss a potential sale. Details remained limited but Starbucks CEO Howard Schultz [...]

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