If you're feeling good about the market, you're not alone. Take my hand as we go over some of this week's more uplifting headlines.
1. Antioxidants are percolating
Green Mountain Coffee Roasters
The company behind the Keurig brewer is putting out a line of K-Cups packed with antioxidant vitamins and brain boosters. The Wellness Brewed line of portion packs offers coffees, teas, and fruit drinks that are brewed with vitamins and minerals.
Is the world ready to sip java loaded with an antioxidant-rich blend of vitamins C and E or the stress-reducing and brain-stimulating Theanine? Folks are willing to pay a premium for bottled water or smoothies with similar boosts, and it seems to be more than just a novelty.
Either way, Green Mountain isn't discontinuing any of its other product lines in pushing out the six new Wellness Brewed varieties that are initially available only online. It's a nice way to raise the bar on what's possible with home-brewed beverages just days before its K-Cup patents run dry.
2. A different kind of tea party
There's apparently a boom in high-end tea culture: Teavana
Net sales soared 38% to $43.1 million. New stores, the mid-quarter acquisition of 46 Teaopia stores, and a decent 3.5% uptick in same-store sales helped pave the way for the retailer, which sells fancy loose teas and upscale tea-making equipment.
Profitability clocked in at $0.03 a share after backing out items related to the Teaopia purchase. Analysts were only banking on net income of $0.02 a share on $40.5 million in net sales.
Teavana has been a market laggard since going public last year, but the economy can't be doing too badly if business is brisk at Teavana, with its colorful canisters brimming with a hundred varieties of exotic teas.
3. New tunes for used cars
Sirius XM Radio
The satellite radio giant's latest deal was announced yesterday, giving buyers at any of Hendrick Automotive Group's 84 dealerships three free months of Sirius or XM subscriptions when they purchased preowned vehicles with factory-installed receivers.
This is obviously not the first deal that Sirius XM has brokered to open a line of communication with buyers of used cars. The media heavyweight now has arrangements in place with more than 6,000 showrooms across the country.
However, every new deal is incremental and worthy of being celebrated.
4. This is a Conn's artist
Not all consumer electronics retailers are troubled these days.
Yes, that's the secret to Conn's success: It doesn't sell the media items you find at traditional consumer electronics stores that are fading in popularity as digital distribution takes over, but rather bulky, big-ticket items including bedding, sofas, and even riding lawn mowers.
Don't laugh at the mowers -- there are plenty of lawns and farmland in Conn's Texan stronghold.
5. Rekindling the Kindle
There was no smartphone or smart TV announced at Amazon.com's
Is the story here that Amazon is lowering the price bar with its $159 entry-level Kindle Fire? Is the story here that Amazon is selling a higher-end 4G LTE version, raising the bar on connectivity with its $50-a-year data plan? Or is the takeaway that Kindle's now setting the standard for traditional e-readers with its white-backed Kindle update?
It's all of the above, and it was apparently good enough to push shares of Amazon to a new high yesterday.
Well-played, Jeff Bezos.