According to Reuters, Lehman (LEH) may fire 1,200 workers. Reuters reports that Dell (DELL) said its Asia business was fine but offered a cautious forecast. Reuters reports that Starbucks (SBUX) will offer…
When times were tough, Apple’s (AAPL) Steve Jobs and Chrysler’s Lee Iaccoca took salaries of $1. Starbucks (SBUX) has just announced that its management will forgo taking raises next year. Since Starbucks…
Douglas A. McIntyre According to Reuters, Toyota (TM) cut its 2009 sales forecast by almost 7%. Reuters reports that Fannie Mae (FNM) changed several of its top executives. Reuters writes that Starbucks (SBUX) management will…
Short sellers believe that they have seen the bottom for financial shares and exited the industry en masse. Shares sold short in Merrill Lynch (MER) fell 12.6 million to 42.3 million. Short…
Almost any time a company’s stock drops by half, management claims its goals are misunderstood and that the shares are cheap. This often leads boards to start buy-backs to drop the size…
It’s been a tough run for contrarians. Badly beaten down companies facing overwhelmingly bearish negative market sentiment have continued to weaken: for now, the bearish masses have been right. Part of the…
We just got to take a look at the JUNE 30 holdings of Nelson Peltz via an SEC filing of his TRIAN FUND MANAGEMENT GROUP. If you look throughout full filing you’ll…
According to Reuters, a new tally of votes for the Yahoo! (YHOO) board election shows a high percentage of protest votes. Reuters reports that the Fed held rates steady and indicated it…
Starbucks (SBUX) posted its first loss as a public company but gave investors something to hang on to. It reaffirmed that it will do better in fiscal 2009. To do that the…
Douglas A. McIntyre According to Reuters, T Boone Pickens is seeking an "army" of business leaders and citizens to back alternative energy. Reuters reports that Starbucks (SBUX) posted if first loss as a public company…
The expectations for Starbucks (SBUX) were very low. That probably has not been true since the company went public. But, Starbucks was able to come in below a worst case, the hallmark…
Douglas A. McIntyre Australia, formerly the world’s largest penal colony, will loss three-quarters of its Starbucks (SBUX) stores this week. That totals 61 locations. Starbucks will only keep its stores in Brisbane, Melbourne and Sydney…
Douglas A. McIntyre Probably the worst thing that ever happened to Starbucks (SBUX) was when McDonald’s (MCD) went into the premium coffee business. Consumer Reports even rated the fast food chain’s java ahead of the…
Starbucks (SBUX) founder and CEO Howard Schultz had his company release the list of 600 stores that coffee chain would close. It is a tombstone for the 12,000 company employees that Starbucks…
Douglas A. McIntyre According to Reuters, analysts looking at results from Google (GOOG), Microsoft (MSFT), and IBM (IBM) are cautiously optimistic about upcoming tech earnings. Reuters writes that Merrill Lynch (MER) posted a loss of…
