Analysts set Price Target of $103.00 on Shares of Keurig Green Mountain

In their latest research note to investors, CLSA analysts have set a price target of $103.00 with a 'sell' rating for the shares of Keurig Green Mountain stock. The figure is significantly lower than Morgan Stanley analysts' price target of $140.00 per share.

The Waterbury, US based firm presently has a 'sell' rating on its stock. CLSA's target price for the firm points towards a potential upside of 9.27% from the company's current price.

Director Norman H. Wesley bought 5,000 shares of Keurig Green Mountain stock in a transaction that occurred on Monday, May 11th.

The shares were purchased at an average cost of 4101.92 per share, with a total value of $509,600.00. The purchase was disclosed in a filing with the SEC, which can be accessed through this link.

Carl Icahn takes $100 Million Stake in ride-sharing service Lyft

Providing a big boost to ride-sharing company Lyft Inc.'s expansion plans, activist investor Carl Icahn-led Icahn Enterprises LP has bought a stake in the company by investing $100 million.

In an unusual move, activist investor Carl Icahn's Icahn Enterprises LP has made a $100 million investment in Lyft Inc. This move has added momentum to the ride-sharing company's rapid expansion but left its cash pile far behind rival Uber.

Icahn has joined a long list of backers for the three-year old startup, including Andreessen Horowitz, New York-based technology hedge-fund Coatue Management, Chinese e-commerce giant Alibaba (BABA.N), and hedge fund Third Point Management.

Berkshire Hathaway Inc. increases holdings in Wells Fargo, US Bancorp, IBM

On Friday, Berkshire Hathaway Inc. said that it has increased its holdings in some of billionaire Chairman Warren Buffett’s favorite companies in the first quarter, including Wells Fargo & Co. and International Business Machines Corp.

According to a regulatory filing on Friday, that detailed its US stock portfolio as of March 31, Berkshire has also added to its stake in US Bancorp. Buffett’s deputies have pared holdings in stocks, including National Oilwell Varco Inc. No new companies were listed in the portfolio.

Although, Buffett is widely known for his skill at picking stocks, yet the investment portfolio at Berkshire has become less important over time as the company has shifted toward buying whole businesses.

Hackers are draining bank accounts through Starbucks’ mobile app

Some Starbucks customers have had money taken out of the Starbucks mobile app by hackers with the help of a new attack. But, on Friday, the company said that it itself hasn’t been targeted.

The attack has first happened this week. It took advantage of a few things, including the Starbucks’ app auto-load function, consumers using same ID and password in multiple accounts, and the fact that Starbucks doesn’t seem to limit the number of password tries before it locks a customer’s account.

In 2014, Starbucks processed over $2 billion in mobile payment. Starbucks announced that at present approximately 18% of its transactions are made on the company’s app.

Southwest Airlines plans to return up to $5 billion to Shareholders

Southwest Airlines announced on Friday that it has planned to give back about $5 billion to its shareholders through a share buyback option. The airline company also said that as per the plan, the $5 billion will be returned by the end of fiscal year 2017. The company also revealed that it could buy about 1.5 billion of stock and has boosted the dividend for the quarter to more than seven cents per share.

According to reports, new flights of world's largest low-cost carrier will further increase the number of international arrivals to Daniel Oduber International Airport, which had about 378,485 visitors in 2014, an increase of about 14.6% from 2013. On Saturday, in a report, JPMorgan Chase & Co. restated natural rating on the shares of Dallas headquartered Southwest Airlines.

Improper safety Procedures led to incident at DuPont’s Chemical Plant: OSHA

While talking about lethal gas release at a DuPont chemical plant last year, the United States Occupational Safety and Health Administration (OSHA) revealed on Thursday that the four workers of the plant died last year at the DuPont chemical plant because the chemical company did not provide safety training to its workers.

The agency of the United States Department of Labor stated that policies of the Wilmington headquartered company were also responsible for the death of four workers. David Michaels, Assistant Secretary of Labor for Occupational Safety and Health, said that last year, four workers of DuPont lost their lives and their families and friends lost their beloved ones just because the company did not have correct safety procedures.

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