While you were sleeping: Krispy Kreme melts

Tue, 03 Jun 2014

By Margreet Dietz June 4 (BusinessDesk) - Wall Street slid from record highs as investors paused before the European Central Bank is expected to announce additional stimulus measures on Thursday and the release of the latest US jobs data on Friday. Meanwhile, shares of Krispy Kreme Doughnuts sank, last down 14.5 percent, after the company downgraded its full-year earnings forecast. “Severe winter weather adversely affected both on-premises and wholesale sales throughout our company store base in the southeast (US), and contributed to a...

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