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Coffee Holding Co., Inc.
JVA shares are soaring today, up 45% after the company reported better than expected earnings.
The company reported second quarter earnings of 22 cents per share on $37.3 million in revenues. The company reported second quarter earnings of 15 cents in the second quarter of 2010.
At last check, shaes were up $3.97 to $12.47, a gain of 46.65% on 3.6 million shares.
Coffee Holding Co., Inc. operates as an integrated wholesale coffee roaster and dealer in the United States and Canada. The company offers three categories of products: wholesale green coffee, private label coffee, and branded coffee
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