Krispy Kreme Shares Jump as Chief Is Ousted
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Scott A. Livengood will be replaced as chief executive by Stephen F. Cooper, a turnaround specialist who took over that role at Enron after its collapse.
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Krispy Kreme Doughnuts Inc  said on Monday that President and Chief Executive Daryl Brewster had resigned for personal reasons after less than 2 years on the job and will be replaced by Chairman James Morgan.
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Shares of Krispy Kreme Doughnuts Inc., the favorite stock of growth investors after the collapse of the Internet bubble, fell as much as 17 percent after the company reported lower earnings
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Krispy Kreme Doughnuts Inc. said Friday it has been informed by the Securities and Exchange Commission that the agency&#39;s investigation of the company has now become a formal probe.
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Shares of Marsh & McLennan rose Thursday following a report that a key executive at its insurance brokerage unit had resigned and that a reorganization of the group was imminent.
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CHICAGO (CBS.MW) -Krispy Kreme Doughnuts Inc. shares dived more than 16 percent on Monday, leaving investors with a bad taste after the company reported a quarterly loss and pulled forecasts for the rest of the year.
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Krispy Kreme Doughnuts Inc.'s board ousted its top executive yesterday and replaced him with a turnaround specialist who will try to save another company beset by allegations of corporate deceit.
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Krispy Kreme Doughnuts Inc. said on Monday it appointed two new directors to lead its internal investigation of accounting practices and other matters now the subject of a probe by securities regulators.
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WASHINGTON (CBS.MW) -- Krispy Kreme Doughnuts Inc. (KKD) posted a net loss of $3 million, or 5 cents per share, for the third quarter ended Oct. 31, reversing the retailer&#39;s year-earlier profit of $14.5 million, or 23 cents.
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Krispy Kreme Doughnuts Inc. KKD.N on  Thursday said its quarterly profit tumbled by more than half  and slashed its sales growth outlook for the rest of the year,  wiping 17 percent off the value of its stock.
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Krispy Kreme Doughnuts stunned investors on Thursday with disappointing earnings for the second consecutive quarter, sending its shares to their lowest level in more than four years.
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Krispy Kreme, which wowed Wall Street with a hot old-economy growth story when it went public, has lost more than two-thirds of its value since it peaked a year ago.
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Children's Place Retail Stores  fired Chief Executive Ezra Dabah on Wednesday and named board member Chuck Crovitz as interim CEO, sending its shares up as much as 9 percent.
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Krispy Kreme Doughnuts Inc. on  Thursday said its quarterly profit tumbled by more than half  and slashed its sales growth outlook for the rest of the year,  wiping 17 percent off the value of its stock.
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Krispy Kreme Doughnuts Inc., which has been transformed from Wall Street&#39;s darling into the bane of carb-conscious consumers, scaled back its expansion plans Thursday after posting second-quarter profits that fell far short of expectations.
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Krispy Kreme Doughnuts Inc., the No. 2 US doughnut maker, said second-quarter earnings fell 56 percent, hurt by higher costs. Shares fell 19 percent after the company missed analysts
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Shares of Krispy Kreme Doughnuts Inc. (KKD.N: Quote, Profile, Research) fell more than 17 percent before the bell on Thursday after the doughnut chain posted sharply lower quarterly