Wednesday, April 7, 2010 as of 11:14 AM ET
Dunkin' Brands Group, Inc. runs several chains of fast-food restaurants. It is headquartered in Canton, Massachusetts.
Read More at Wikipedia ›Tata Global Beverages Ltd.
(500800.BY), which owns the Tetley brand of tea and has a tie-up with Starbucks Corp. (SBUX) to open the U.S. company's cafes in India, Wednesday reported a more than 36% drop in its quarterly net profit, weighed by exceptional costs.The company, whose financial perfromance has been under pressure over the last several quarters due to high raw material costs in the U.S., has been looking to transform its business by tapping into India's booming local cafe market.Earlier this year, it struck a deal to open Starbucks cafes in India through an equally owned joint venture, Tata Starbucks Ltd., with the Seattle-based coffee-chain operator.Tata Global, which also sells the Tata Tea and Eight O'Clock Coffee brands, said it is on track to open the first and much-awaited Starbucks outlet in India by August or September this year.Tata Global's consolidated net profit for the January-March period, its fourth quarter, fell to INR542.1 million from INR852.4 million a year...Green Mountain Coffee Roasters Inc.'s (GMCR) fiscal second-quarter income rose 42% as sales of its K-Cup coffee and tea portion packs continued to improve, though sa...
FBN’s Diane Macedo with a morning futures update, plus news that Microsoft and Barnes & Noble have formed a strategic partnership.
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Jon Luther, Dunkin ’ Brands & Arby’s Restaurant Group chairman, on the shortfall in lending for potential franchisees.
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Former California State Treasurer Phil Angelides on the obstacles to electric car maker Fisker despite federal loan guarantees.
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FBN's Cheryl Casone breaks down mid-afternoon market news.
FBN's Lori Rothman breaks down late-morning market news.
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FBN’s Diane Macedo breaks down the stories moving the markets around the world.
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