3:01pm ET
Investing
The 52-Week Low Club (LEH)(FNM)(FRE)(SBUX)(AMD)
AMD (AMD) Little hope that they PC and server businesses will lift revenue and the debt load looks bad in a credit crisis. Down to $4.75 from a 52-week high of $16.19.…
SBUX Coverage Page 80
11:41am ET
Retail
Starbucks (SBUX): The Dark Empire Hits A 52-Week Low
Howard Schultz, the CEO and founder of Starbucks (SBUX) is, by any measure, a fabulously wealthy man. He owns 4.4% of the company’s shares. SBUX has a market cap of just over…
Douglas A. McIntyre 6:37am ET
Retail
Starbucks (SBUX): The Mess Gets Worse
Twelve thousand souls are losing their jobs at Starbucks (SBUX), mostly because Howard Schultz let incompetents run his empire while he was occupied elsewhere. It will always be open to debate whether…
Douglas A. McIntyre 5:58am ET
Media
Media Digest 7/4/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Goldman Sachs said European banks may have to raise another 60 billion to 90 billion euors to reach an aggregate Tier I ratio of 9 percent. Reuters reports that…
11:03am ET
Retail
Starbucks Actions Severe Enough to Spur Credit Rating Activity (SBUX)
Standard & Poor’s (via its Ratings Services) has placed its corporate credit ratings on Starbucks Corp. (NASDAQ: SBUX) on CreditWatch with negative implications. This pertains to the corporate ratings including the ‘BBB+’…
Douglas A. McIntyre 4:46am ET
Retail
Starbucks (SBUX) Schultz: The Goat As Hero
Howard Schultz, the founder and CEO-for-life of Starbucks (SBUX) is almost completely responsible for the catastrophe at his company. Two years ago, he pointed out the problems with the coffee chain’s approach.…
2:55am ET
Media
Media Digest 7/2/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, US car sales hit a 15 year low. Reuters writes that Paulson said the US is facing a tough Q2. Reuters reports that Starbucks (SBUX) will close 600 stores…
3:14pm ET
Retail
Another Defeat For Starbucks (SBUX)
Howard Schultz, the CEO for life at Starbucks (SBUX) recently told Portfolio magazine all about his plans to turn around the company. The editors should not have bought a word of it.…
Douglas A. McIntyre 4:55am ET
Investing
Does Starbucks (SBUX) New Coffee Taste Like Dishwater?
Starbucks (SBUX) hoped one of the ingredients of getting turned around was its new Pike Place Roast coffee. The java chain brought the new product to market because it tastes more like…
3:10am ET
Media
Media Digest 7/1/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, global companies may start to issue profit warnings as business slows overseas. Reuters reports that InBev is sticking to it offer to buy Anheuser-Bush (BUD). Reuters reports that Chrysler…
3:15am ET
Investing
Short Sellers Extend Strong Bets Against Techs (CSCO)(INTC)(DELL)(JAVA)(BRCM)(QCOM)(AMGN)(SIRI)(SBUX)(YHOO)
Based on data from Nasdaq as of June 13, short sellers made heavy bets against tech stocks. Many investors clearly think the sector is not immune from the current economic downturn. The…
5:03am ET
Media
Google’s (GOOG) High Reputation Could Ruin Share Price
Google (GOOG) is now the US company with the highest reputation, at least according to the annual Harris Interactive Reputation Quotient poll. According to Reuters, "Largely for its reputation for treating workers…
5:51am ET
Investing
The 24/7 Wall St. Ten Worst Managed Companies In America (JAVA)(SHLD)(BSX)(SBUX)(S)(CC)(MOT)(AMD)(AIG)(PFE)
With the trading year almost half over and results from the first quarter out, 24/7 Wall St. has created the latest installment of its Ten Worst Managed Companies In America list. This…
5:34am ET
Retail
Starbucks (SBUX) Rushes Into Europe
Starbucks (SBUX) is going to put another 150 stores in Europe. They are closing them in the US, so perhaps it all balances out. The coffee chain has come up against competition…
2:56am ET
Media
Media Digest 6/12/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, InBev made $46.3 billion offer for Anheuser-Busch (BUD). Reuters reports that AIG (AIG) shareholders are demanding board changes. Reuters writes that the GM (GM) Europe sales chief sees a…