Wednesday, January 24, 2007

Krispy Kreme Doughnuts (KKD) Higher on Talk of New Credit Agreement

Krispy Kreme Doughnuts Inc. (NYSE: KKD) is higher on talk Credit Suisse is arranging a new credit agreement that could save the company up to 550 basis points. Prudential's analyst mention this is a note to client.

Shares of Krispy Kreme are up 9.5% to $13.64 in mid-day action.

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