Starbucks (NASDAQ: SBUX) and Lehman Brothers (NYSE: LEH) do not have much in common.That changed a bit yesterday when word came out that they would both cut workers. It is a demonstration…
According to Reuters, Micorosft (MSFT) will open up some of its software code to rivals. Reuters reports that BP (BP) will try to get billions of more barrels out of Prudhoe Bay.…
Starbucks (NASDAQ: SBUX) is making some changes today in what it hopes will streamline certain aspects of its operations. The press release notes that this will "better focus efforts on enhancing the…
Douglas A. McIntyre 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…
Douglas A. McIntyre 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…
Douglas A. McIntyre 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…
Douglas A. McIntyre 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…
Douglas A. McIntyre 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
Douglas A. McIntyre