According to Reuters, the pace of capital spending in China rose quickly, making a rate increase likely. Reuters writes that an investigation into the finances of Fannie Mae (FNM) is likely after…
Starbucks (SBUX) was down over 2% much of the day, but rallied into the close. Analysts expected quarterly revenue to come in at $2.42 billion and EPS to run $.21. As it…
Douglas A. McIntyre Shares in Starbucks (SBUX) have fallen from $40 last November to about $25 now. The great majority of the market believes that the coffee retailer cannot continue to show 6% or better…
According to Reuters, Barclays (BCS) took a $2.7 billion write-down due to exposure to subprime markets. Reuters writes that IBM (IBM) will push into the business of running huge data centers for…
A chart is worth a thousand words. Or, maybe more. Starbucks (SBUX) hit another 52-week lows today at $23.29, down 3%. McDonald’s (MCD), which delivered strong same-store sales, is up 1.6% to…
Washington Mutual (WM) Mortgage company in bad environment. Down to $19.72 from 52-week high of $46.38. Capital One Financial (COF) Big financial loss. Down to $50.05 from 52-week high of $83.84. Fannie…
Over the weekend, Barron’s institutional investing poll listed Starbucks (SBUX) as one of the most overvalued stocks in the market. That says a great deal since the stock was already down from…
Douglas A. McIntyre In Barron’s semi-annual Big Money Poll, institutional investors are asked about their two favorite stocks and also which shares are most overvalued. For the latest poll, 112 money managers responded. On the…
According to Reuters, Toyota (TM) and GM (GM) gained sales in October despite a weak US car market. Reuters writes that News Corp’s (NWS) MySpace joined the new Google (GOOG) association of…
Landor Associates puts out a study called Breakaway Brands. The survey claims to measure the financial contributions made by individual brands to their parents’ bottom lines. According to the survey, picked up…
Starbucks (SBUX) broke below $25 today, not too far from its 52-week low. Less than a year ago, the shares traded over $40. The last significant analyst call on the company was…
We’ve seen another blank check company IPO called OVERTURE ACQUISITION CORP. that has filed to come public via an IPO in a usual $10.00 per share/unit with an offering of 15 million…
According to Reuters, economists cut forecasts for US growth for the third month in a row. Reuters writes that IBM (IBM) and Second Life will work on ways to eventually let people…
As if a falling share price and shrinking same store sales growth were not enough, Starbucks (SBUX) is recalling 250,000 children’s cups. The coffee retailer said if a cup is dropped, the…
Douglas A. McIntyre It has not come to the US. But, bet your bottom dollar, it will. McDonald’s (MCD) is offering free WiFi in its 1,200 stores in the UK. Starbucks (SBUX) offers T-Mobile WiFi…