Green Mountain Resumes Trading Up 8% (GMCR)

Green Mountain Coffee Roasters Inc. GMCR has resumed trading, and is now up more than 8% after the company said it would restate earnings for 2007-2010. The earnings restatement would only cause a small hit to EPS, 4-5 cents. Traders had been expecting a bigger restatement, so this was seen as a sigh of relief.
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Posted In: EarningsNewsConsumer StaplesPackaged Foods & Meats
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