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Wednesday, March 21, 2012

Stock Alert - Investors of Green Mountain Coffee (GMCR) breathe a sigh of relief, as the company and Starbucks (SBUX) announce an expansion of their strategic relationship - 3/21/12

Investors of Green Mountain Coffee (GMCR) breathe a sigh of relief, as the company and Starbucks (SBUX) announce an expansion of their strategic relationship for the manufacturing, marketing, distribution and sale of Starbucks-branded Vue packs for use in GMCR's recently introduced Keurig Vue Brewer. GMCR +7.8%, SBUX +0.3% premarket

Green Mountain Coffee (GMCR)  is trading at $54.58.Resistance level is $57 and support at $50.

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