Reuters: Obama’s deal with Congress will extend Bush tax cuts for two years. Reuters: The US will sell its remaining shares in Citigroup (NYSE: C) and will make a $12 billion profit.…
ThinkstockThe ongoing battle between Kraft Foods Inc. (NYSE: KFT) and Starbucks Corporation (NASDAQ: SBUX) is getting more heated and it has industry-wide implications for the coffee sector. Kraft alleges that Starbucks is…
Jon C. Ogg Twitter has, by most estimates, 145 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than…
These are some of this Thursday’s key analyst upgrades, downgrades, and initiations seen in Wall Street research calls. A-Power Energy Generation Systems (NASDAQ: APWR) Cut to Perform at Oppenheimer. Athenahealth, Inc. (NASDAQ:…
Starbucks Corp. (NASDAQ: SBUX) has been releasing data at today’s investor conference, and the slow growth in the U.S. may be greatly overshadowed by the company’s aggressive expansion plans for China. For…
Jon C. Ogg When Starbucks Coffee Company (NASDAQ: SBUX) filed its Form 10-K last week, it had this to say about its relationship with Kraft Foods Global, Inc., the division of Kraft Foods Inc. (NYSE:…
Jon C. Ogg Insider selling by millionaire and billionaire corporate insiders is already rising, but it is about to go through the roof. Forget the politics and forget the morale left behind as a result,…
Reuters: EU and the IMF began to work out details of an Ireland bailout. Ireland will finish work on a $20 billion set of budget cuts. Reuters: China has started to work…
For years now, The Economist has computed its Big Mac index, a measure of purchasing power parity in the countries in which Big Macs from McDonald’s Corp. (NYSE: MCD) are sold. The…
Sometimes buybacks are smart, sometimes they are not. Last night we saw two entirely different buybacks, one of which was a smart version of a buyback and one of which is nothing…
Jon C. Ogg Bad. As Thanksgiving approaches, the price of turkey has hit an all-time high, evidence that inflation may have begun to affect the economy more than most Americans imagine Bloomberg reports that “U.S.…
Douglas A. McIntyre Does the US consumers’ taste for coffee translate well into Chinese? It looks like Starbucks Corp. (NASDAQ: SBUX) is determined to find out. Sales and profits have picked up in the last…
Active traders and day traders have many stocks to choose from this Friday morning. We are tracking news and moves in shares of National Bank of Greece S.A. (NYSE: NBG), Starbucks Corporation…
Starbucks Corp. (NASDAQ: SBUX) is managing to do what many probably thought was not possible. It isn’t a shock that Starbucks beat earnings and raised guidance. The surprise is that the stock…
Jon C. Ogg Twitter has, by most estimates, 145 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than…