Green Mountain Coffee Roasters declares three-for-two stock split

first_imgGreen Mountain Coffee Roasters, Inc (NASDAQ: GMCR) today announced that its Board of Directors has approved a three-for-two stock split to be effected in the form of a stock dividend. The Company will distribute one additional share of its common stock to all shareholders of record at the close of business on May 29, 2009 for every two shares of common stock held on that date. The shares will be distributed on June 8, 2009 by the Company’s transfer agent, Continental Stock Transfer so that the new shares issued will equal 1.5 times the pre-split number (rounded down as necessary) with fractional shares paid in cash. The Company’s common stock will begin trading on a split-adjusted basis on June 9, 2009 at the June 8th closing price divided by 1.5.“This stock dividend allows us to share our success with our loyal stockholders to the extent of our authorized stock and underscores our confidence in the strength of our Company and its prospects for the future,” said Larry Blanford, GMCR’s President and Chief Executive Officer. “We remain committed to building stockholder value by providing consumers with an extraordinary coffee experience while helping to make a positive difference in the world.”About Green Mountain Coffee Roasters, Inc.As a leader in the specialty coffee industry, Green Mountain Coffee Roasters, Inc. (NASDAQ: GMCR) is recognized for its award-winning coffees, innovative brewing technology, and socially responsible business practices. GMCR’s operations are managed through two business units. The Specialty Coffee business unit produces coffee, tea and hot cocoa from its family of brands, including Tully’s Coffee®, Green Mountain Coffee® and Newman’s Own® Organics coffee. The Keurig business unit is a pioneer and leading manufacturer of gourmet single-cup brewing systems. K-Cup® portion packs for Keurig® Single-Cup Brewers are produced by a variety of licensed brands, including Green Mountain Coffee and Tully’s Coffee. GMCR supports local and global communities by offsetting 100% of its direct greenhouse gas emissions, investing in Fair Trade Certified™ coffee, and donating at least five percent of its pre-tax profits to social and environmental projects. Visit www.GreenMountainCoffee.com(link is external) and www.Keurig.com(link is external) for more information.Forward-Looking StatementsCertain statements contained herein are not based on historical fact and are “forward-looking statements” within the meaning of the applicable securities laws and regulations. Owing to the uncertainties inherent in forward-looking statements, actual results could differ materially from those stated here. Factors that could cause actual results to differ materially from those in the forward-looking statements include, but are not limited to, the impact on sales and profitability of consumer sentiment in this difficult economic environment, the Company’s success in efficiently expanding operations and capacity to meet growth, the Company’s success in efficiently and effectively integrating Tully’s wholesale operations and capacity into its Specialty Coffee business unit, the ability of our lenders to honor their commitments under our credit facility, competition and other business conditions in the coffee industry and food industry in general, fluctuations in availability and cost of high-quality green coffee, any other increases in costs including fuel, Keurig’s ability to continue to grow and build profits with its roaster partners in the office and at home businesses, the impact of the loss of major customers for the Company or reduction in the volume of purchases by major customers, delays in the timing of adding new locations with existing customers, the Company’s level of success in continuing to attract new customers, sales mix variances, weather and special or unusual events, as well as other risks described more fully in the Company’s filings with the SEC. Forward-looking statements reflect management’s analysis as of the date of this press release. The Company does not undertake to revise these statements to reflect subsequent developments, other than in its regular, quarterly earnings releases. WATERBURY, Vt.–(BUSINESS WIRE)–last_img read more

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PM wants greater involvement from private sector in WCMF

first_imgLocalNews PM wants greater involvement from private sector in WCMF by: – October 31, 2011 Tweet Sharing is caring! Share Sharecenter_img Share Prime Minister Roosevelt Skerrit. (file photo)Prime Minister Roosevelt Skerrit is calling for a greater involvement from the private sector in the staging of the annual World Creole Music Festival.He said that it is time that the private sector injects some cash into the event.“There has to be a greater involvement in the private sector in a more tangible way. What the WCMF needs is a greater injection of cash through sponsorship. The sponsorship in kind helps but you need money to be able to sustain the involvement of the bands. It is a very costly exercise so I believe greater involvement of the private sector is crucial and will give it an additional boost. I believe what we have to do is look at the existing sponsors, including government and to examine every private sector firms contribution and ask yourself whether you are getting value for money from these sponsors. We also need to tap into new sponsors,” he said.Jeff Joseph & the Grammacks New Generation performing on night 1 of the WCMFMr Skerrit also commended the efforts of the Dominica Festivals Commission for highlighting the local artists at the festival.“The Dominica Festival Commission has made an effort to try to promote the local bands, whether its cultural groups, local artistes…I think it’s a matter for them to take advantage of that exposure and take their performance to the next level,” he said.Dominica Vibes News 112 Views   no discussionslast_img read more

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Serie A: Brescia contemplate terminating Balotelli contract

first_img Loading… Mario Balotelli returns to training today, but Brescia reportedly contemplate terminating his contract in Lombardy.Advertisement Yesterday, coach Diego Lopez and the rest of the squad trained on the regular pitches, but Balotelli was nowhere to be seen.Rumours about a total breakdown between the former Italy international and President Massimo Cellino’s club emerged in Italian media.He had been training separately for a while and news agency ANSA reports the forward blamed ‘stomach ache’ for his sudden absence.Read Also: Ronaldo shows off new hairdo, seeks fans approvalBalotelli is back in training today, but the outlet insists his relationship with Brescia has deteriorated and claims to have heard discussions about an annulment of the current contract with the former Inter and Milan player.The soon to be 30-year-old seems set to leave his hometown club after just one season, but his current contract at the Mario Rigamonti doesn’t expire until June 2022.FacebookTwitterWhatsAppEmail分享 center_img Promoted ContentThis Guy Photoshopped Himself Into Celeb Pics And It’s Hysterical10 Risky Jobs Some Women DoInsane 3D Spraying Skills Turn In Incredible Street ArtCouples Who Celebrated Their Union In A Unique, Unforgettable Way7 Non-Obvious Things That Damage Your Phone5 Of The World’s Most Unique Theme Parks6 Ridiculous Health Myths That Are Actually TrueThis Guy Photoshopped Himself Into Celeb Pics And It’s HystericalA Hurricane Can Be As Powerful As 10 Atomic Bombs33 Celebs Photos From Their Childhood: Will You Recognize Them?7 Facts About Black Holes That Will Blow Your Mind7 Ways To Understand Your Girlfriend Betterlast_img read more

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Florida Unemployment Claims Begin to Increase After Weeks of Decline

first_imgFlorida saw a slight increase in first-time jobless claims last week, as the U.S. Department of Labor on Thursday reported 1.48 million initial unemployment claims were filed nationwide.Our state had an estimated 93,394 claims during the week that ended June 20. That was up from 88,148 the previous week, as the second phase of Gov. Ron DeSantis’ reopening effort slows down amid an increase in coronavirus cases.The state Department of Economic Opportunity announced last Friday that the state’s May unemployment rate was 14.5 percent, which represents 1.412 million Floridians out of work from a labor force of almost 9.71 million. A June rate will be announced July 17.Florida’s 93,394 claims are behind only the 287,354 posted in California and the 124,283 in Georgia.Meanwhile, New York had 90,186 claims, while Texas recorded 89,241. The numbers for Georgia, New York and Texas were all lower than in the previous week.The unemployment increase in Florida followed two weeks of declining first-time claims. Since March 15, when the coronavirus pandemic began affecting the state, more than 2.64 million jobless applications have been filed, according to the Department of Economic Opportunity.See today’s press release for the latest numbers on #ReemploymentAssistance & information regarding benefits available through the CARES Act: https://t.co/DgVrLuouBQ pic.twitter.com/THl6fTTftu— Florida DEO (@FLDEO) June 24, 2020 The Department of Economic Opportunity had paid out $7.29 billion in Florida and federal benefits, of which $1.8 billion was state money.DeSantis has indicated he plans to continue moving forward with reopening efforts. Rather than implementing a statewide mask requirement, he asked younger Floridians this week “to do your part” by following health recommendations regarding social distancing, hand cleaning and mask wearing.However, the governor added that he also understood the desire of younger Floridians to go out after being at home for weeks.“People naturally want to do things,” DeSantis said. “If I was 25, I’d be probably with them. I mean that’s just realistic. I can sit here and try to act like I wouldn’t, but I remember what it was like then.”He has also pushed for the resumption of professional sports in Florida.last_img read more

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The Latest: XFL player tests positive for coronavirus

first_imgThe club added it will test the rest of the members of its team on Monday. Spain has stopped all sports competitions for the next two weeks. ___5:10 p.m.Lionel Messi has joined a call in Spain by sports figures, who are supporting a public awareness campaign by government authorities and healthcare workers asking the nation’s population to remain indoors to fight the spread of the coronavirus. 12:15 p.m.The Pac-12 Conference has canceled all spring sports and championships following a meeting of conference executives and athletic directors.The conference also announced that all organized team activities are not allowed until at least March 29, when that decision will be revisited.The smaller Southland Conference also announced a similar move.The moves follow Thursday’s decision by the NCAA to cancel the Division I men’s and women’s basketball tournaments as well as all remaining winter and spring championships. ___6:05 p.m.The men’s curling world championships in Scotland have been canceled, along with the mixed and senior events in Canada, because of the COVID-19 pandemic.The World Curling Federation said that with hundreds of athletes and staff needing to travel to each tournament, “it is no longer possible to run these international events.”The WCF says it acted on the advice of the Scottish government in canceling the men’s tournament, which had been scheduled for Glasgow from March 28 to April 5. The other Serie A players who tested positive are Daniele Rugani at Juventus and Fiorentina teammates Dušan Vlahović , Germán Pezzella, Patrick Cutrone.___5:35 p.m.Spanish football club Alavés says two members of its coaching staff have tested positive for the coronavirus. The club says both unnamed coaches are without symptoms and in good health. March 14, 2020 ___12:45 p.m.The Edinburgh Marathon has been postponed because of the coronavirus outbreak.The race was due to take place on May 24, but organizers have announced it will be postponed.Race director Neil Kilgour said a new date for the marathon in the Scottish capital is expected to be announced on Monday, The fledgling football league says the player reported his symptoms to team medical staff on Tuesday and has been in quarantine ever since. He was tested for COVID-19 and received the result Friday.The league says the player participated in the Dragons’ March 7 game against the Roughnecks in Houston and a Feb. 29 game against the BattleHawks in St. Louis. He was asymptomatic at the time.The league says it’s alerting players, staff, vendors and partners associated with the Dragons, Roughnecks and BattleHawks and is monitoring the situation closely.Late Thursday, the XFL canceled the remainder of its season, which had five weeks left.___ Super Rugby organizers have decided to suspend the competition indefinitely after the weekend’s games because of the coronavirus pandemic.SANZAAR, the southern hemisphere rugby body that runs Super Rugby, says Saturday the tournament will be off for the “foreseeable future.” The decision was prompted by the New Zealand government’s directive that people entering from trips overseas, including returning New Zealand citizens, would have to self-isolate for 14 days from Monday.That would make Super Rugby untenable, with the tournament featuring teams from five nations, including five from New Zealand, and involving regular travel between countries. Teams from Australia, Japan, South Africa and Argentina also compete in the competition, which runs from January through to June. Sampdoria midfielder Fabio Depaoli has announced he’s tested positive for COVID-19.He’s the 10th Serie A player confirmed positive and the sixth at Sampdoria.While Sampdoria said in a statement earlier Saturday that it would not announce any more updates about its players “to avoid news leaks and useless alarmism” since “all the lads are well,” Depaoli revealed his positive test on social media.Depaoli writes in Italian on Instagram, “Unfortunately I’ve tested positive for COVID-19. But I want to reassure you that I’m OK! This invisible monster is hitting us indiscriminately, but by adopting the correct measures and following medical advice, we can win our biggest match and return stronger than before.”The five other Sampdoria players who tested positive are: Manolo Gabbiadini, Omar Colley, Albin Ekdal, Antonino La Gumina and Morten Thorsby. The Italian soccer players’ association says it is “saddened and outraged” that clubs are still calling on their players to attend training sessions.In a statement, the players’ association notes that “some clubs” are bringing in players to train in small groups, “or, even worse, for daily checks of their temperature.”Italy is the European country hit worst by the virus, where the number of virus cases climbed to over nearly 20,000, with more than 1,000 deaths. The government in Rome has ordered an unprecedented lockdown, ordering businesses to close and restricting people’s movement.The lockdown has suspended all sports in the country through at least April 3.The players’ association says that forcing players to leave their homes “is a shamefully irresponsible act,” adding that if it’s being done just to receive a refusal by the players in order to cut salary payments “it means that we’re scraping the bottom of the barrel of dignity.” Abe says Japan is continuing to “coordinate well” with the International Olympic Committee, adding: “We have to overcome the spread of the infection and want to hold the Olympics and Paralympics as planned.”The Olympic Games are scheduled to take place from July 24-Aug. 9, and the Paralympics Aug. 25-Sept. 6.Abe says the virus outbreak has not reached a point in Japan that requires him to declare a national emergency like the United States and parts of Europe.___1:40 p.m.center_img The players’ association has been at odds with clubs over the virus for weeks, first arguing for the games to be stopped before the government-issued suspension on Monday.___3 p.m.Japanese Prime Minister Shinzo Abe says his country still intends to host the Olympic Games in Tokyo as planned.Abe says there were no discussions about postponing or canceling the games during talks with U.S. President Donald Trump, who suggested this week that Japan should consider postponing the Olympics because of the spread of the coronavirus. The International Triathlon Union has suspended all of its competitions and activities from Monday to the end of April.Major events postponed include the second world series event in Bermuda on April 18-19, and four World Cups in the United States, New Zealand, Brazil and Mexico.“World Triathlon will continue working during this time to try to reallocate the events after the 30th of April when possible, and will work with all stakeholders to undertake further actions if needed regarding the Olympic and Paralympic qualification rankings,” the ITU said.___3:50 pm. “It is the moment to act responsibly and to stay home,” Messi wrote on Instagram on Saturday.The Barcelona star added: “We are worried by what is happening and we want to help by putting ourselves in the place of those who are having the most difficulties, either because they or their families or friends are directly affected, or because they are working on the frontline in hospitals.”Spain is tightening controls on movement and closing shops as it struggles to stem a peak in virus infections that has surpassed 5,000 people. ___5 p.m. The Latest: XFL player tests positive for coronavirus “We believe that in the current unprecedented situation this is the only responsible course of action to take,” said Billy Garrett, Director of Sport and Events at Glasgow Life.The mixed doubles and seniors events were to take place in Kelowna, British Columbia, from April 18-25.The women’s world championships in Prince George, British Columbia, were canceled on Thursday.___5:45 p.m. ___10:45 a.m.Two more Fiorentina players have tested positive for COVID-19 as well as a club physiotherapist.The top-tier Italian league soccer team tweets that defender and club captain Germán Pezzella, forward Patrick Cutrone and physiotherapist Stefano Dainelli “are in good health at their homes in Florence.” They were tested after “showing some symptoms.”The club had already announced on Friday that 20-year-old striker Dušan Vlahović tested positive. Associated Press Share This StoryFacebookTwitteremailPrintLinkedinRedditThe Latest on the coronavirus outbreak’s effect on sports around the world (all times local):3:30 p.m.The XFL says an unidentified player with the Seattle Dragons has tested positive for coronavirus. With Cutrone and Pezzella added to the list with Vlahović, there are now nine Serie A players who have tested positive. The others are Daniele Rugani of Juventus plus five Sampdoria players: Manolo Gabbiadini, Omar Colley, Albin Ekdal, Antonino La Gumina and Morten Thorsby.Serie A is suspended until at least April 3 as part of a nationwide lockdown in Italy intended to contain the virus.Most people quickly recover from the global virus after experiencing only mild or moderate symptoms, such as fever and cough. For some, especially older adults and people with existing health problems, it can cause more severe illness, including pneumonia.___More AP sports: https://apnews.com/apf-sports and https://twitter.com/AP_Sports,Tampa Bay Lightning advance to face Dallas Stars in Stanley Cup finals, beating New York Islanders 2-1 in OT in Game 6last_img read more

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Fireside Chat hosts a conversation with Cafe Dulce founder

first_img“We’re not here serving pastries and drinks and food — we serve people,” Choi said. “At the end of the day, the pastries that we make, the drinks that we slave over, the latte art that we pour that we’re proud of … that’s only as important as the person that we’re serving them to.” Choi said that he is primarily motivated by the belief that his hard work will pay off. Along with the support of his family, this belief aided him through the early days of running the cafe. Choi said that at the time, his mother was in remission from ovarian cancer, and neither his mother nor he had any prior experience in the baking industry. Although his mother had a business partner, Choi said the partner dropped out of the project three weeks before opening day, prompting himself to embark on the business venture with his mother. “I think the most important lessons I’ve learned from the speech is that it’s interesting to know that hospitality is the most important thing,” Msei said. “It’s not about the food, but about people and to have passion in the things you do.” “It’s not about the person … It’s not ‘you didn’t do this, or you did this’ … It’s more like the behavior you choose,” Choi said. When he was starting his first cafe in Little Tokyo, Choi said he found that engaging with the surrounding community is a key aspect of running a business. “So I put in my two weeks, left my job for the last time and I’ve been at Dulce since 2010 when I came on board,” Choi said. James Choi, a USC alumnus, opened the first Cafe Dulce in Little Tokyo in 2011. The cafe, which has a branch located in the USC Village, is a popular eatery for students. (Shaylee Navarro/Daily Trojan) Choi said the reason for Dulce’s popularity is its emphasis on hospitality, as the franchise aims to bring about positive change in the community. “The only thing you can do is just put your head down and work,” Choi said. “And I [couldn’t] afford to hire people, so I … physically [had to] do everything that I [could]. So literally from 7 a.m. to 11 p.m., everyday for almost two years.” “Because we gave to the community, even though we didn’t have much to give, they were the ones that patronized us during those dark times, during 2011 and 2012 when it was really slow,” Choi said. Spark SC board member Ankur Rastogi, a senior majoring in biomedical engineering and computer science, asked Choi how he approaches his staff when they make mistakes. Choi said he tries to coach workers rather than punish them. Choi, who graduated from USC in 2005 with a degree in accounting, worked for the multinational professional services firm Ernst & Young. He then opened up Teuscher Swiss Chocolates in Palo Alto with his mother, eventually creating the first Dulce in Little Tokyo in 2011. Alicia Msei, a graduate student at the Marshall School of Business, said the event helped her realize the importance of incorporating hospitality in businesses. On any given day at USC Village, dozens of people stand patiently outside of Dulce waiting for their caffeine fix. Dulce’s popularity — both at USC and in Los Angeles — can be attributed to its emphasis on hospitality. In an event organized by student entrepreneurship organization Spark SC, Dulce founder and owner James Choi shared how he came to be the mastermind behind one of the most popular local cafes.last_img read more

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Sumner-Cowley Electric Cooperative, Inc. has opening for accountant

first_imgSumner-Cowley Electric Cooperative, Inc. has an immediate opening for an accountant to work at the Wellington headquarters.Sumner-Cowley Electric Cooperative is a member owned electric utility which provides electric service to about 4,400 accounts. Our service territory consists of 2,000 miles of electric distribution lines, 43 miles of high voltage transmission facilities, 17 miles of underground distribution lines and 14 substations and metering points.This position works under the general direction of the CEO.Minimum requirements include a bachelor’s degree in accounting. Experience in public accounting of utility accounting is highly preferred.Sumner-Cowley Electric offers a competitive salary and benefits package which includes: •Medical insurance.•Long term disability.•Life insurance.•Business travel insurance.•401K Retirement plan.•Defined benefit pension.•Paid time off pay plan.•Holiday pay.Please send resume with experience and salary requirements to:Sumner-Cowley Electric Cooperative, Inc.Attn: Coni AdamsP.O. Box 220Wellington, Kans. 67152.Resumes can be sent electronically to Coni Adams at conia@sucocoop.com.last_img read more

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