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Wednesday, March 9, 2011

coffee prices in the global market

coffee prices in the global market : Extending its previous session rally, Tata Coffee today rose by 13 per cent, touching a record high level on the BSE, driven by heavy buying on the back of rising coffee prices in the global market .

Shares of the company ended the day 13.02 per cent up from its previous close at Rs 759.40 on the Bombay Stock Exchange (BSE). In intra-day trade, the stock had gained 18.76 per cent hitting a lifetime high of Rs 798.

Tata Coffee surges 13 pc, stock hits record high on BSE
The stock witnessed a similar upsurge on the National Stock Exchange, where it surged by 13.87 per cent to close at Rs 765. On the volume front, over one crore shares of the company were traded on the two bourses. Read More...

Kenya coffee prices delight farmers, dismay buyers
In Kenya's coffee growing area of Komothai, record prices at auction have farmers dreaming of a better future and driving to improve their crop. Record high commodity prices have rattled finance ministeries in the West, but poor growers see things differently -- especially in Kenya where reforms now mean more profits trickle down to them. Read More...

McDonald's Revenue Boosted By European Sales
McDonald's says higher global demand, especially in Europe, boosted sales in February. Revenue at company-owned and franchised restaurants open at least 13 months grew 3.9 percent, more slowly than January's 5.3 percent. McDonald's Corp.'s stock fell 88 cents in midday trading to $75.41. Read More... For the latest updates PRESS CTR + D or visit Stock Market news Today

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