Concerns about the health of Green Mountain Coffee

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By WCAX News - bio | email

WATERBURY, Vt. -

More concerns about the health of Green Mountain Coffee.

Nearly a year ago the stock was trading above $115 a share, but prices have been sliding ever since.

Wednesday, the company adjusted its earnings forecast for the year down. It's the second downward adjustment since May. The company also announced a buyback of $500 million of stock.

Analysts are concerned about the company because patents for its profitable Keurig coffee machines and K-cups expire this year.

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Concerns about the health of Green Mountain Coffee - WCAX.COM Local Vermont News, Weather and Sports-

Concerns about the health of Green Mountain Coffee

Local NewsMore>>

Police seek suspect in Vt. pharmacy robbery

Police seek suspect in Vt. pharmacy robbery

Vt., NH police pursue man suspected of car theft

Vt., NH police pursue man suspected of car theft

Former NH worker accused of stealing $600,000

Former NH worker accused of stealing $600,000

Dartmouth faces federal complaints over rape allegations

Dartmouth faces federal complaints over rape allegations

Man breaks into and lives in another man's home

Man breaks into and lives in another man's home

Whitingham house fire being investigated

Whitingham house fire being investigated

Montreal issues boil water order

Montreal issues boil water order

Heavy rains overwhelm Burlington drainage system

Heavy rains overwhelm Burlington drainage system

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