Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday. American International Group (NYSE: AIG) Raised to Outperform at Bernstein. Bazaarvoice Inc.…
After a record first quarter, investors will look more carefully at financial data and earnings. (Reuters) Wells Fargo (NYSE: WFC) to open a division to handle the ultra-rich. (Reuters) Strong Chinese PMI…
ThinkstockOn March 8th, Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) announced that Starbucks Corp. (NASDAQ: SBUX) would be making a single-cup coffee machine to compete with Green Mountain’s Keurig system. Shares of…
Paul Ausick Will the diversification of Starbucks (NASDAQ: SBUX) ever end? It has entered the instant coffee arena with its Via brand. It sells fruit smoothies. It has begun to open its own Evolution Fresh…
Douglas A. McIntyre Green Mountain Coffee Roasters, Inc. (NASDAQ: GMCR) had been lower on word that Starbucks Corporation (NASDAQ: SBUX) was going to have its own brewing initiative despite the partnership that exists between the two. …
Jon C. Ogg There’s a new number two among hamburger restaurant chains. The Wendy’s Co. (NASDAQ: WEN) has surpassed privately held Burger King in total sales, with $8.5 billion in 2011 sales compared with $8.4…
The repair problems that Airbus faces for its A380 superjumbo are far from over. The manufacturer’s executive vice president, Tom Williams, told Der Spiegel that “The problem will keep us busy for years.”…
United Parcel Service (NYSE: UPS) will take over TNT Express for $6.85 billion. (Reuters) Apple (NASDAQ: AAPL) to announce plans for its $100 billion in cash. (Reuters) Dell (NASDAQ: DELL) says it…
ThinkstockStarbucks Corp. (NASDAQ: SBUX) raised the bar this morning, posting a new 52-week high of $53.37. Almost certainly the share price rise is due to the continued low prices for coffee and…
Paul Ausick Canaccord Genuity has decided to maintain its positive position in Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR). The firm’s analyst Scott Van Winkle has maintained a Buy rating and a $94.00 target despite…
Jon C. Ogg The Fed is unlikely to act with bond purchases if February unemployment figures are good. (Reuters) Low inflation in China could drive banks there to ease capital requirements to increase credit access.…
Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) was soft for most of Thursday on fears that Starbucks Corporation (NASDAQ: SBUX) was going to develop the single-serve model beyond the deal that Green…
Jon C. Ogg President Obama may propose a new corporate tax rate. (Reuters) The U.S. Consumer Financial Protection Bureau will examine overdraft fees. (Reuters) Apple (NASDAQ: AAPL) will hold its annual meeting with the company in…
Toshiba cuts its profit forecasts and lowers guidance. (Reuters) Honda (NYSE: HMC) posts a 65% drop in profits and cuts its outlook because of the yen and Thai floods. (Reuters) Twenty-five nations,…
People in India can join global counterparts around the world and buy $5 cups of coffee. Starbucks (NASDAQ: SBUX), one of the great retail success stories since the recession, will open its first…
Douglas A. McIntyre