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Buzz Stocks: Green Mountain Coffee, Costco, UnitedHealth, and Google

Today's hot stocks to watch in the news include GMCR, COST, UNH, GOOG, and GM

by 11/28/2012 9:13 AM
Stocks quoted in this article:

With Wall Street executives headed down to the nation's capital to discuss fiscal-cliff concerns, futures are moving south as well. Meanwhile, Google is improving its Gmail service and General Motors is further modernizing its small Chevys. Here are some of the stocks making news today:

  • Earnings news: Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR) said fourth-quarter earnings leapt 22% to 58 cents per share on a 33% surge in revenue, thanks to improving sales of its K-Cup portion packs. Excluding items, the company would have banked 64 cents per share during the reporting period, blazing past expectations of 48 cents. The specialty coffee maker also lifted its full-year adjusted earnings guidance by nine cents to as much as $2.74 per share (Bloomberg Businessweek); Analog Devices, Inc. (NASDAQ:ADI) posted its fourth-quarter results after the close last night. Despite a year-over-year slip of two cents per share, the company unveiled earnings of 58 cents per share, which topped analysts' expectations by a penny. However, ADI's $694.96 in revenue fell short of the projected $696.98 in revenue. (Nasdaq)

  • Joining the ranks of other companies looking to front-run fiscal-cliff risks, warehouse retailer Costco Wholesale Corporation (NASDAQ:COST) is paying a special $7-per-share dividend to the overall tune of about $3 billion. This distribution -- scheduled for Dec. 18 for shareholders of record by Dec. 10 -- is in addition to the regular 27.5-cents-per-share dividend that will be paid on Friday. (CNN Money)

  • UnitedHealth Group Inc. (NYSE:UNH) projects adding 3.5 million to 4 million new members in 2013, reflecting a 6% expansion of its customer base. This is south of earlier estimates, as UNH expects a slowing in the number of full insurance coverage provided to companies. (Reuters)

  • Google Inc (NASDAQ:GOOG) has linked Gmail with its Google Drive document storage service, allowing users to send attachments as large as 10 gigabytes. This is roughly 400 times larger than the cutoff for regular files sent via Gmail. (Wired)

  • General Motors Company (NYSE:GM) announced plans to link Siri -- the electronic "personal assistant" built into newer models of Apple Inc.'s (NASDAQ:AAPL) iPhone -- to its newest compact cars. From behind the wheel, drivers of the Chevrolet Spark or Sonic will be able to use the voice-activated tool to dial contacts or find nearby restaurants. (USA Today)

  • Finally, the Dunkin Donuts brand -- part of Dunkin Brands Group Inc (NASDAQ:DNKN) -- has hit a sizeable roadblock in trying to trademark the phrase, "Best Coffee in America." The U.S. Patent and Trademark Office rejected the idea, saying the slogan was "…nothing more than a claim of superiority." (The Consumerist)

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