Reuters: The US faces a long period of economic stagnation. Reuters: Obama will release plans for a financial market overhaul. Reuters: The White House will not help California fix its deficit. Reuters: …
It is a devilishly clever way for a company with flagging revenue to raise sales. Cheat customers by double charging them. According to several media outlets, as many as one million Starbucks customers were…
Douglas A. McIntyre Starbucks (SBUX) does not seem to know how to leave well-enough alone. It is a coffee chain. But, it has tried to sell music, DVDs, coffee machines, and breakfast and lunch foods.…
Douglas A. McIntyre Reuters: A survey shows the global stimulus spending lacks direction. Reuters: The race for “green” cars is still wide open. Reuters: GM (GM) and Chrysler will face Senate scrutiny are dealer closings.…
American management has been trained that any company can think and execute its way out of trouble. That means that there is a solution to every sales or cost problem. It is…
Micro-blogging platform Twitter has 32 million users, which is an increase from about 2 million a year ago, according to research mentioned in The Wall Street Journal. Some Internet measurement services show…
American companies are increasingly offering products for $1 or less. Some are among the largest firms in the United States such as Wal-Mart (WMT) and McDonald’s (MCD). Other are smaller but use…
It has begun to dawn on more and more large companies that high-priced goods are costing them sales during the recession. Maybe the only way for them to hold onto customers is…
Starbucks (SBUX) will try to revive its flagging fortunes with an assault on Web 2.0. Sales at the coffee chain have been falling, to some extent because it charges $5 a cup…
Douglas A. McIntyre Reuters: Twitter will release business tools in an attempt to make money. Reuters: A GM (GM) bankruptcy is seen as nearly inevitable. Reuters: American Express (AXP) will cut 4,000 jobs. Reuters: Obama…
According to Reuters, if the big transportation bill does not pass states will miss out on funds for roads, bridges, and tunnels. Reuters reports that Buffett attacked bank “stress tests.” Reuters writes…
Consumer spending by America’s large middle class is an important indicator of economic recovery. GDP numbers from last quarter and opinions from the Federal Open Market Committee may not be as accurate…
Douglas A. McIntyre According to Reuters, Bank of America (BAC) shareholders voted to separate the chairman and CEO roles and Ken Lewis was replaced as chairman. Reuters reports that talks to keep Chrysler out of…
Revenue for the last quarter fell at Starbucks (SBUX) by 8% to $2.33 billion. Net earnings fell 77% to $25 million and earnings per share were down by the same percentage to $.03. The…
Douglas A. McIntyre Shares of Starbucks Corp. (NASDAQ: SBUX) are getting hit by an analyst downgrade this morning. If it sounds like a repeat call mistaken for yesterday’s downgrade, it isn’t. Not really. This morning…
Douglas A. McIntyre