Media Digest 11/2/2007 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, Toyota (TM) and GM (GM) gained sales in October despite a weak US car market. Reuters writes that News Corp’s (NWS) MySpace joined the new Google (GOOG) association of…
According to Reuters, Toyota (TM) and GM (GM) gained sales in October despite a weak US car market. Reuters writes that News Corp’s (NWS) MySpace joined the new Google (GOOG) association of…
Landor Associates puts out a study called Breakaway Brands. The survey claims to measure the financial contributions made by individual brands to their parents’ bottom lines. According to the survey, picked up…
Starbucks (SBUX) broke below $25 today, not too far from its 52-week low. Less than a year ago, the shares traded over $40. The last significant analyst call on the company was…
We’ve seen another blank check company IPO called OVERTURE ACQUISITION CORP. that has filed to come public via an IPO in a usual $10.00 per share/unit with an offering of 15 million…
According to Reuters, economists cut forecasts for US growth for the third month in a row. Reuters writes that IBM (IBM) and Second Life will work on ways to eventually let people…
As if a falling share price and shrinking same store sales growth were not enough, Starbucks (SBUX) is recalling 250,000 children’s cups. The coffee retailer said if a cup is dropped, the…
It has not come to the US. But, bet your bottom dollar, it will. McDonald’s (MCD) is offering free WiFi in its 1,200 stores in the UK. Starbucks (SBUX) offers T-Mobile WiFi…
Crain’s Chicago Business has gotten its hands on the game plan for McDonald’s (MCD) to conquer the premium coffee world. As the business magazine put it: "In one of its biggest strategic…
AET started as Outperform at Wachovia.CI started as mkt perform at Wachovia.CEO cut to Neutral at Goldman Sachs.EQ cut to Underweight at Morgan Stanley.GME cut to Neutral at UBS.HNT started as mkt…
After watching its stock fall for most of the last year, Starbucks (SBUX) watched Bank of America add insult to injury. It downgraded the stock from neutral to sell. The reason was…
We’ve started seeing some of the recent emptier pockets of Joe Q. Consumer, and after a warning yesterday out of McCormick & Schmicks’s we wanted to see how some of the NASDAQ…
It is not a good sign. Starbucks (SBUX) will give away 50 million downloads as part of its new service with Apple (AAPL). The venture allows iTunes customers to go online for…
According to Reuters, the UAW set a strike deadline for today because it cannot reach a job security agreeement with GM (GM). Reuters writes that Starbucks (SBUX) will give away 50 million…
McDonald’s was in pretty bad shape in late 2003, as a recent AP article points out. The stock is up from $12 then to $55 today. The AP attributes the improvement to…
Howard Schultz, the founder of Starbucks (SBUX) defended his company’s growth plans in an interview with The New York Times. His two points for investors in the company are that Starbucks has…