In trading this morning …

Starbucks and Green Mountain Sign Single-Cup Pact
The Keurig brewing system from Green Mountain Coffee Roasters (NASDAQ: GMCR) will be sold with Starbucks (NASDAQ: SBUX) single-cup coffee and Tazo tea pods in a new deal with undisclosed terms. The combined products will be distributed to grocery stores, wholesale clubs, and drugstores beginning this fall. The companies say the fast-growing single-cup business could grow to a $4 billion market. GMCR is soaring more than 27% while SBUX is up more than 7%.

H&R Block Gains
Tax-preparation firm H&R Block (NYSE: HRB) reported a quarterly loss of $.04 per share versus expectations for a profit of that same amount, but those results were overshadowed by strong estimates for filings in the current season. The company’s online returns have jumped 30% so far this year, an indication that it regaining ground lost to digital competitors. HRB is up more than 5% this morning.

Cumulus Buys Citadel Broadcasting
The $1.7 billion deal will combine Cumulus Media (NASDAQ: CMLS) and Citadel Broadcasting (PINK: CDELB), the nation’s two largest radio station operators. Cumulus will pay $37 per share for Citadel. The merger will leave Cumulus with 572 stations in 120 markets, still trailing the 800-plus outlets owned by industry leader Clear Channel (NYSE: CCO). CDELB is up 4% this morning.