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Transcripts For CNBC Street Signs 20240713

Boost as shares jump more than 10 in their debut waking up europes dor mont ipo market President Trump threatens to call in the National Guard as violence erupts in minneapolis for a third night. With protesters setting fire to the Police Station over the death of george floyd. Asian equities and the week mostly lower as President Trump talks tough on china saying he will issue the white house response to the hong kong moves later today. We are not happy with china we are not happy with whats happened all over the world, people are suffering. 186 countries, all over the world they are suffering we are not happy a very warm welcome to street signs. I want to kick off with fresh data just crossing the wires in italy. The final print, it has been revised lower. We are seeing 5. 3 , thats the quarter on quarter contraction in italy in q1 thats against a preliminary 4. 7 contraction year on year. The contraction stands at minus 5. 4 compared to 5. 8 initially redibted we are seeing worse nu

Coffee group JDE Peet s posts surprise growth in 2023 operating profit

(Reuters) -JDE Peet's, the owner of coffee brands such as Douwe Egberts and L'Or, said on Wednesday that new European Union sanctions against Moscow have created uncertainty over the future of its Russian business, sending shares to a record low. JDE Peet's said in August last year that it would operate its Russian operations as a stand-alone business and only sell local brands. Jefferies analysts noted the coffee group is "uncertain if they can keep control of their Russia business" given the new EU sanctions, which is dampening its 2024 outlook.

Caribou Coffee Makes Business Changes

Under the agreement, Officials say Caribou Coffee will be able to focus on their retail coffeehouse business while J-D-E Peet will sell the packaged coffee in other retail and food service channels.

Caribou Coffee Makes Business Changes

Under the agreement, Officials say Caribou Coffee will be able to focus on their retail coffeehouse business while J-D-E Peet will sell the packaged coffee in other retail and food service channels.

Caribou Coffee Makes Business Changes

Under the agreement, Officials say Caribou Coffee will be able to focus on their retail coffeehouse business while J-D-E Peet will sell the packaged coffee in other retail and food service channels.

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