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It looks like activist investor David Einhorn was right about at least one thing when it comes to Green Mountain Coffee Roasters (GMCR): the maker of single-serve coffee machines and cups looks likely to get some new competition.
Wal-Mart (WMT) will start selling a new single-serve coffee brewer as soon as this spring, and it could be cheaper than Green Mountain’s, the Wall Street Journal reported. Green Mountain fell 3.4% today. Original Article Source by Barrons.com |
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