According to Reuters, a weakening economy in China and poor US earnings are causing concern that the recession will be deep and long. Reuters writes that Vodafone (VOD) cuts its full-year revenue…
A week or so ago Howard Schultz, the CEO of Starbucks (SBUX), said he thought he was seeing a bottom in his company’s business. It must have been a mirage. Starbucks reported…
Douglas A. McIntyre Starbucks Corp. (NASDAQ: SBUX) has just reported earnings of $0.01 EPS (after $0.09 restructuring costs) on $2.5 billion in revenues Thomson Reuters (First Call) had earnings consensus estimates at $0.13 EPS and…
Douglas A. McIntyre Starbucks Corp. (NASDAQ: SBUX) is set to report earnings right after the close of trading today. Unfortunately, it isn’t expected to look that pretty. To make matters worse, the report has a…
Douglas A. McIntyre According to Reuters, China announced an economic stimulus package of almost $600 billion. Reuters reports that AIG (AIG) is about to get a new bailout from the US government which will be…
According to Reuters, investors and banks are in a struggle over whether financial companies should be able to change the way they value assets under accounting rules. Reuters writes that improvements in…
The turnaround at Starbucks (SBUX) has been tough since Howard Schultz returned as CEO in January. The stock is down nearly 50% year-to-date as the company returns it focus to coffee, rearranges…
GM (GM) Concerns that global car sales will fall again in 2009 and company will get short on money. Down to $5.22 from 52-week high of $43.20. News Corp (NWS) Weak ad…
According to Reuters, regulators around the world are trying to shore up the banking system. Reuters reports that the Fed is trying to broker a deal for whether Citigroup (C) or Wells…
This weekend in Barron’s, the weekly publication published an article defending the valuation of Starbucks Corp. (NASDAQ: SBUX). Its article titled "Something Good Is Brewing" defened the company’s share price at current…
Douglas A. McIntyre The market staged an improbable rally. After selling off over 500 points yesterday and opening down over 100 points today, the Dow is about even. Wall St. may see a small ember…
If McDonald’s (MCD) keeps growing as fast as it is there won’t be any room left in the market for Starbucks (SBUX), Burger King, Dunkin’ Donuts, and all the little deli operators…
Dunkin’ Donuts plans to double its US stores to 15,000 by 2020. The management at the inexpensive coffee shop chain must have a crystal ball or a very good psychic. Not many…
Starbucks (SBUX) will begin offering a one-sheet newspaper that will cover the key issues which will have to be addressed by the candidates for president. The product is called the Good Sheet,…
Douglas A. McIntyre According to Reuters, the government takeover of Fannie Mae (FNM) and Freddie Mac (FRE) will do little to help the mortgage market short-term. Reuters writes that Lehman (LEH) made a number of…
