CRMB News Saturday, July 12, 2014 2:05:33 PM

CRMB News Saturday, July 12, 2014 2:05:33 PM $CRMB

Crumbs Reaches Acquisition Agreement with Marcus Lemonis and Fischer Enterprises Joint Venture as Part of Company's Voluntary Chapter 11 Filing
Business Wire - Fri Jul 11, 8:06PM CDT
Crumbs Bake Shop, Inc. ("Crumbs" (OTC Pink:CRMB), a New York based cupcake specialty store chain, today announced that it has entered into an Asset Purchase Agreement through which Lemonis Fischer Acquisition Company, LLC, a joint venture created by Marcus Lemonis LLC and Fischer Enterprises, L.L.C., will acquire the Crumbs' business as part of the Company's filing of voluntary Chapter 11 petitions in the United States Bankruptcy Court for the District of New Jersey.

Marcus Lemonis, Fischer Enterprises Form Joint Venture to Provide Financing to Crumbs Bake Shop and Acquire the Business through a 363 Sale
Business Wire - Fri Jul 11, 7:05PM CDT
Marcus Lemonis LLC and Fischer Enterprises, L.L.C. today announced they have formed a joint venture, Lemonis Fischer Acquisition Company, LLC, and have signed an agreement to provide financing to and ultimately acquire the assets of Crumbs Bake Shop, the New York-based cupcake chain that ceased operations Monday and filed voluntary Chapter 11 petitions in the United States Bankruptcy Court for the District of New Jersey earlier today.

Crumbs Lives to See Another Day; Shares Soar - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Jul 11, 3:00PM CDT
Shares of Crumbs Bake Shop, Inc. (CRMB) skyrocketed an astonishing 1,197.10% after a CNBC report stated that the New York-based cupcake chain might have found a buyer.

Why Crumbs Bake Shop (CRMB) Stock Is Through The Roof Today
at The Street - Thu Jul 10, 1:40PM CDT
Crumbs Bake Shop (CRMB) shares are up over 1000% on news that it could have a lifeline extended by an investment group led by Marcus Lemonsis.

Crumbs Bake Shop Downs Shutters: End of the Cupcake Era? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jul 09, 1:20PM CDT
New York-based Crumbs Bake Shop, Inc. (CRMB) announced the closure of all its 48 stores.

Harwood Feffer LLP Announces Investigation of Crumbs Bake Shop, Inc.
PR Newswire - Tue Jul 08, 7:00PM CDT
Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against Crumbs Bake Shop, Inc. ("Crumbs" or the "Company" (Pink Sheets: CRMB) concerning whether the Company has violated state and/or federal labor laws.

Stock Market Today: Dow Slips Below 17,000 Mark With Little to Re-Energize Rally
at The Street - Tue Jul 08, 3:22PM CDT
U.S. stocks closed lower on Tuesday with little market-moving news to sustain a rally which swept benchmark indices to record highs last week.

Stock Market Today: Dow Slips Below 17,000 as Earnings Season Gets Under Way
at The Street - Tue Jul 08, 11:42AM CDT
U.S. stocks slide amid weakness in the international markets and as the second-quarter earnings season unfolds.

Crumbs Shuts Up Shop as Craze for Cupcakes Wanes
at The Street - Tue Jul 08, 11:02AM CDT
Crumbs is no more. The publicly traded bakery announced it was shuttering operations at its stores Monday evening, giving employees little more than a day's notice.

Buyout FIrms Could Scoop Up Cupcake Crumbs
at The Street - Tue Jul 08, 9:57AM CDT
Crumbs Bake Shop, the New York maker of delectable frosted treats, is ceasing operations and looking at a bankruptcy filing.

Stock Market Today: Stock Futures Slip Ahead of Alcoa's Earnings
at The Street - Tue Jul 08, 7:26AM CDT
U.S. stock futures are drifting lower amid weakness in the international markets and as the second-quarter earnings season unfolds.


Cupcake shop Crumbs shuttering all its stores
AP - Tue Jul 08, 10:30AM CDT
NEW YORK (AP) — Crumbs says it is shuttering all its stores, a week after the struggling cupcake shop operator was delisted from the Nasdaq.

July 8 Premarket Briefing: 10 Things You Should Know
at The Street - Tue Jul 08, 5:46AM CDT
U.S. stock futures are mixed; Samsung operating profit falls 24%, Alcoa to report earnings; Box raises $150 million in funding.

Apple Rises After Stock Split, Tyson Buys Hillshire, and Crumbs Bake Shop Keeps Falling
Jack Kramer and Nick Martell, The Motley Fool - Motley Fool - Mon Jun 09, 10:00PM CDT
The Dow Jones Industrial Average inched up 19 points Monday, after surging last Friday in reaction to the May jobs report. Let's take a look at what else happened. 1. Apple suddenly becomes affordable to masses with stock split It's time to do...

Crumbs Bake Shop, Inc. Reports Fourth Quarter 2013 Financial Results
PR Newswire - Wed Mar 19, 3:34PM CDT
Crumbs Bake Shop, Inc. ("Crumbs" (NASDAQ: CRMB), the largest cupcake specialty store chain in the U.S., today reported financial results for the year ended December 31, 2013.

Crumbs Bake Shop appoints new senior management
M2 - Mon Mar 17, 9:42AM CDT
Crumbs Bake Shop Inc (Nasdaq:CRMB), a US-based cupcake specialty retailer, announced on Friday the appointment of Frederick G Kraegel as chairman of the company's board of directors.

Crumbs Bake Shop, Inc. Names New Officers
PR Newswire - Fri Mar 14, 3:20PM CDT
Crumbs Bake Shop, Inc. (NASDQ: CRMB), the New York based cupcake specialty retailer, today announced that its Board of Directors has appointed Frederick G. Kraegel as Chairman of the Board of Directors. The Company also announced that Edward M. Slezak has been appointed as permanent Chief Executive Officer and Ronda S. Kase has been named Secretary. Mr. Slezak has been leading the Company as interim Chief Executive Officer in addition to his duties as General Counsel and Ms. Kase has been serving as Assistant Secretary in addition to her duties as Corporate Compliance Officer. Mr. Slezak is also a member of the Company's Board of Directors. In addition, the Company today announced that it will release fourth quarter 2013 financial results on Wednesday, March 19, 2014 after the market close. A conference call will follow at 5:00 PM ET and will be webcast live from the investor/events & presentations portion of the Company's website at crumbs.com. Hosting the call will be Mr. Slezak and Chuck Ireland, SVP of Finance & Treasurer and Chief Financial Officer. The conference call can be accessed live over the phone by dialing 877-407-4018 or for international callers by dialing 201-689-8471. A replay will be available one hour after the call and can be accessed by dialing 877-870-5176 or 858-384-5517 for international callers; the password is 13578545. The replay will be available until April 2, 2014.

3 Stocks Under $10 Breaking Out on Big Volume
at The Street - Tue Feb 18, 1:37PM CST
These under-$10 stocks are within range of triggering breakout trades.

Crumbs Bake Shop, Inc. Partners With Pelican Bay Ltd.
PR Newswire - Thu Feb 06, 3:52PM CST
Crumbs Bake Shop, Inc. (NASDAQ: CRMB) the nation's largest cupcake specialty retail store is partnering with Pelican Bay Ltd., a gourmet bake mix and gift purveyor, to create a line of Crumbs Bake Shop premium cupcake mixes, hot chocolate kits, cupcake-in-a-mug kits and the first ever colossal cupcake kit. Introduced at the Winter Fancy Food Show in San Francisco, CA, the line will be sold at mass merchants, mid-tier merchants, club stores, craft stores and specialty stores across the country.

Crumbs Bake Shop, Inc. Announces Change to Board of Directors
PR Newswire - Wed Feb 05, 3:30PM CST
Edward M. Slezak, interim Chief Executive Officer and General Counsel of Crumbs Bake Shop, Inc. ("Crumbs" (NASDAQ: CRMB), has been elected to the Board of Directors following the January 30th resignation of Chairman of the Board, Edwin H. Lewis. In addition to his role as interim Crumbs Chief Executive Officer, Mr. Slezak also brings to the Board of Directors his many years of experience and expertise in the areas of legal, regulatory and compliance functions, including public company securities matters. Mr. Lewis had served as a director and as Chairman of the Board of Crumbs Bake Shop, Inc. since May 2011.