Peets Coffee & Tea Announces Definitive Agreement to Acquire Diedrich Coffee in Cash-and-Stock Transaction

Peet's Coffee & Tea, Inc. (NASDAQ: PEET) and Diedrich Coffee, Inc. (NASDAQ: DDRX) announced today that they have entered into a definitive agreement under which Peet’s will acquire Diedrich in a cash-and-stock transaction valued at $26.00 per share or a total value of approximately $213 million. The acquisition will further solidify Peet’s leading position in the specialty coffee and tea market, with premium quality brands in every segment of the category.

With this acquisition, Peet’s will enter the rapidly growing single cup coffee market with strong specialty coffee brands helping to drive household penetration of the K-Cup brewer system by leveraging Peet’s infrastructure and direct-store-delivery selling system.

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StonePoint Announces Advisory Board Appointments

StonePoint Global Brands Inc. (TSX VENTURE: SPG), the "Company" is pleased to announce the appointment of Melinda Bush and Bruce McIntosh to the company's Board of Advisors. Both Ms. Bush and Mr. McIntosh will provide marketing and strategic development services and exposure at senior management levels of the hospitality industry world wide.

Melinda Bush is one of the industry's most well-known and respected experts on the issues affecting the hotel and tourism industries. With over 25 years of front line experience building and managing the world's largest travel trade publishing companies for Rupert Murdoch and Reed Elsevier, Melinda Bush is frequently cited in the press as among the most well-informed and influential executives in the tourism industry.

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Kraft Foods said Monday it's pursuing a takeover of Cadbury after the U.K. chocolate maker rejected a 10.2 billion pound ($16.7 billion) bid.

Kraft  (KFT) said a combination of the two would create a "global powerhouse in snacks, confectionery and quick meals" with annual sales of more than $50 billion. But analysts suggested the U.S. giant, which is a component of the Dow Jones Industrial Average, may need to significantly raise its offer.

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Whole Foods Market Reports Third Quarter 2009 Results

Company Reports Diluted EPS of $0.25, Operating Cash Flow of $160 Million, and Generates $93 Million of Free Cash Flow

Whole Foods Market, Inc. (Nasdaq: WFMI ) today reported results for the 12-week third quarter ended July 5, 2009. Sales for the quarter increased 2% to $1.9 billion. Comparable store sales decreased 2.5% versus a 2.6% increase in the prior year. Identical store sales, excluding nine relocations and two major expansions, decreased 3.8% versus a 1.9% increase in the prior year. Excluding the negative impact of foreign currency translation, comparable store sales decreased 2.0%, and identical store sales decreased 3.3%.

"We are very pleased with our third quarter top-line and bottom-line results.

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American Dairy Reports First Quarter 2009 Financial Results

- 1Q09 Sales Increase 191% to $113.8 Million vs $39.1 Million in 1Q08 -- Income from Continuing Operations Up 523% to $32.0 million vs $5.1 million in 1Q08 -- Net Income up 282% to $27.8 Million vs $7.3 Million in 1Q08 -

BEIJING and LOS ANGELES, May 14 /PRNewswire-FirstCall/ -- American Dairy, Inc. (NYSE Arca: ADY) ("American Dairy" or the "Company"), one of the leading producers and distributors of premium infant formula, milk powder and soybean, rice and walnut products in China, today announced financial results for the first quarter 2009.

Sales increased 191.1% to $113.8 million in the first quarter 2009 from $39.1 million in the first quarter of 2008.

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