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Green Mountain Coffee Slashes 2012 Outlook

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Description
FBN’s Adam Shapiro with earnings reports from after the closing bell.
Duration 0:55
Date May 2, 2012

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Carefully before investing.

I'm Adam Shapiro William -- business breathe a flurry of earnings after the closing bell Green mountain coffee shares plummeting.

Following its second quarter results earnings.

We're in line investments well revenue fell short of forecasts moving forward the company slashed its fiscal.

2012.

Outlook after slowing sales of its K cup portion packs and -- coffee brewers during the quarter.

On the flip side shares of whole foods are getting a boost after posting better than expected second quarter results.

Whole foods is also bullish about 2012 raising its overall outlook for the year.

These -- is also moving higher after it beat estimates that its second quarter results earnings for the credit card processor.

Coming in nine cents higher to a buck sixty -- share revenue.

Stop forecast coming in at two point six billion dollars that's the latest from the Fox Business Network giving you the power to prosper.