According to MarketWatch, shares in Rio Tinto (RTP) dropped 40% after BHP Billiton (BHP) dropped its offer for the company. According to Reuters, Citigroup’s (C) assurances that it did not need capital…
Starbucks (SBUX) finally admitted what every man, woman, and child over 13-years-old already knows–no one in his right mind will pay more than $1 for a cup of coffee no matter what…
Douglas A. McIntyre Starbucks Corp. (NASDAQ: SBUX) is a stock which we get asked about constantly by our readers. Now that the price is at a certain point, we have finally been able to cover…
Douglas A. McIntyre It has been almost impossible for most stocks to avoid the carnageand mayhem of late. It is interesting just how many widely held stocks have broken under the $10.00 share price level…
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…