Starbucks (SBUX) Will Have To Close A Lot More Than 100 Stores
No one on Wall St. liked the Starbucks (SBUX) quarterly results and the shares moved down after they were announced. They still sit close to a 52-week low. The company reported revenues…
No one on Wall St. liked the Starbucks (SBUX) quarterly results and the shares moved down after they were announced. They still sit close to a 52-week low. The company reported revenues…
According to Reuters, Amazon’s (AMZN) financial results show that its profit margins were squeezed in the last quarter. Reuters writes that Starbucks (SBUX) will close 100 stores and say 2008 could bring…
Starbucks (NASDAQ: SBUX) is seeing shares trade slightly lower in after-hours trading after earnings. The coffee inflating retailer posted earnings of $0.28 EPS on revenues of $2.8 Billion, yet First Call estimates…
Starbucks Corp. (NASDAQ: SBUX) is set to report earnings today after the close of trading. First Call has estimates pegged at $0.27 EPS and $2.77 billion in revenues. Next quarter’s estimates are…
McDonald’s (MCD) was the greatest stock in the US until it wasn’t. Improvement in same-store sales in the US and overseas drove the stock from below $32 in June 2006 to over…
Starbucks (SBUX) will offer a $1 cup of coffee. It will test the product anyway. It will also look into offering free refills for some of its products according to The Wall…
According to Reuters, Apple’s (AAPL) forecast for its next quarter disappointed Wall St. sending shares down 13%. Reuters writes that Texas Instruments (TXN) posted higher profits. Reuters reports that Big Oil’s rally…
Sack the CEO and bring back the founder. The market likes it. And, it worked at Starbucks (SBUX) for all of four days. The shares have fallen as low as $18.92 in…
These are not the only impact analyst calls this Tuesday, but these are the ones 247WallSt.com is focusing on in early pre-market trading: Baxter (BAX) raised to Buy from Hold at Citigroup.…
It seems that all of a sudden corporations are deciding to do the right thing by getting rid CEO’s that have put the companies and shareholders in untenable positions. We called CEO…
According to Reuters, Howard Schultz, Starbucks (SBUX) founder, has taken over as CEO. Reuters writes that Cisco (CSCO) will keep its current strategy, even in a recession. Reuters writes that Samsung is…
On January 2, 24/7 Wall St. suggested that Starbuck’s needed to replace its CEO with founder Howard Schultz. And,today the company did. Douglas A. McIntyre
McDonald’s (MCD) will open coffee bars at 14,000 of its US outlets. According to The Wall Street Journal the "locations will install coffee bars with "baristas" serving cappuccinos, lattes, mochas and the…
According to Reuters, Yahoo! (YHOO) is pushing the mobile handset as the next major target for its products. Reuters reports that analysts are trimming forecasts for the first and second quarter of…
It is unusual to see this many 52-week lows in big cap stocks, but many of these are credit or oil-price related. US Air (LLC) down to $13.50. Northwest Air (NWA) down…