Folgers lifts ground coffee prices 14%
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Folgers, a brand of Procter &amp; Gamble (PG), raised the price of its roast-and-ground coffee on Thursday, affecting about 75% of the company&#39;s retail coffee line.
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Procter & Gamble Co. PG.N on  Wednesday said quarterly profit rose 14 percent, boosted by  strong sales and a gain from the recent sale of its juice  business.
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SHARES in grocery wholesaler Metcash Trading jumped 14.6 per cent yesterday as investors welcomed its surprise takeover bid for Foodland Associated&#39;s Australian operations.
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Procter &amp; Gamble Co. (PG.N: Quote, Profile, Research) on Wednesday said quarterly profit jumped 14 percent, boosted by strong sales and a gain from the recent divestiture of its juice business.
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The effect of high crude oil prices  continued to pinch consumers at the pump, with the average cost  for gasoline rising 4.9 cents to the highest level in 14 months  and diesel fuel soaring 6.3 cents to match the record set two  years ago, the government said on Monday.
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Four of the big coffee houses sign a new agreement that aims to improve conditions in growing countries by offering the best producers a higher price for their beans.
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Starbucks Corp. SBUX.O on  Wednesday said sales at stores open at least 13 months rose 13  percent in November, helped by the coffee shop chain's early  launch of holiday products like Christmas Blend coffee beans.
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Prices paid to US producers rose 1.7 percent last month, the biggest jump in 14 years, as higher energy and food costs suggested that inflation is picking up with economic demand.
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Starbucks Corp. will raise U.S. prices on coffee, lattes and other drinks by about 9 cents a cup next week to help offset soaring costs on commodities such as milk and energy, a spokesman said on Monday.
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The average U.S. retail price of gasoline rose slightly over the last two weeks to almost &#36;1.88 a gallon -- the first increase reported since late May, according to the nationwide Lundberg survey of about 8,000 gas stations.
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Sara Lee Coffee & Tea said Wednesday it was raising its retail coffee prices to keep pace with 14 percent hikes by other major roasters as global bean supply next year shifts from surplus to deficit.
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NEW YORK  - Prices for arabica coffee rallied 14percent on Monday chased higher by commodity funds as concernsabout a decline in the number of bags in U.S. warehouses werereinforced by an earthquake in major grower Colombia.
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U.S. retail gasoline prices jumped passed &#36;1.90 a gallon for the first time since early December and diesel fuel costs rose to the highest level in seven weeks, the Energy Department said on Monday.
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Wholesale prices shot up 1.7% last month, biggest gain in nearly 15 years and well above expectations, as energy costs skyrocketed and food prices surged, a government report said Tuesday.
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Royal Dutch Shell Plc  said on Thursday its fourth-quarter current cost of supply (CCS) net profit rose 14 percent to $6 billion.
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Java lovers, hold onto your nickels and dimes. Months after retail coffee-shop chains such as Starbucks raised the cost of their caffeine concoctions, the price of coffee is still on the rise.
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The holidays give the coffeehouse's sales a boost.