Corey Ribotsky Update

Many fine companies and groups, such as Corey Ribotsky and the NIR Group, help to support the amazing work of the Heather on Earth Music Foundation.  One of their major supporters is Generation YM.  They explain their company as being on the cutting edge of reinventing the marketplace with new products. They are a firm of young minds who are dedicated to making it easy to learn and leverage technology in our 21^st Century technology-based economy.

Through their support of the Heather on Earth Music Foundation, they help the non-profit organization to provide funding for music therapy programs in children’s hospitals throughout America and abroad.

The CMF Annual Golf & Tennis Charity Classic was, once again, a great success.  Proceeds from the event went to the Pediatric Orthopedic Department at Cohen Children’s Medical Center.  This picture shows a number of people presenting Dr. Klein with the check from the charity event.  In this picture are Men’s Division President Neil Schorr, Managing Director Gina Segreti, Gold Honoree Arthur A. Klein, MD, and CMF Chairman David Blumenfeld.

Certainly, all of these people and many others, including CMF President Corey Ribotsky, helped to make the Gold & Tennis Charity Classic such a success.

For coffee lovers, coffee traders and professional fund managers like Corey Ribotsky, the latest news on coffee futures is certainly of interest.  At the moment, coffee futures remain close to a 13 year high.

These rising prices have actually forced U.S. roasters J.M. Smucker Co and Kraft Foods Inc. to raise prices by 9% and 10%.  Starbucks Corp has reported, for now, that they will absorb the four cents a share increase.

As the article explains, “Coffee stocks in ICE-approved warehouses have shrunk 35% since the beginning of the year, and global exports were down 14% in June to 7.8 million of 132-pound bags. A year earlier, exports totaled 18.5 million, according to the London-based International Coffee Organization.”