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Fly News Breaks for May 4, 2015
GMCR
May 4, 2015 | 11:27 EDT
BofA/Merrill lowered Keurig Green Mountain estimates due to soft end market demand and some missteps in hot and Kold production. The firm's FY15 EPS is lowered to $4.00 from $4.07 and FY16 reduced to $4.62 from $4.70. Keurig Green Mountain reports quarterly results on Wednesday after the close.
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