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Market Wrap For March 11: Markets End Slightly In The Red As Ukraine Worries Persist And Continued Chinese Conerns
Tuesday, March 11, 2014 - 4:42pm | 2333Read More...U.S. stocks declined as investors continue to question China's growth prospects following Monday's shocking report that its exports had tumbled in February. Certainly not helping investor sentiment is the fact that Crimea's parliament voted to declare independence from Ukraine. This weekend,...
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Starbucks Rises Slightly After Q1 Earnings Beat
Thursday, January 23, 2014 - 5:35pm | 303Read More...Starbucks (NASDAQ: SBUX) is up less than one percent in after hours trading after the company reported its first quarter results. The popular coffee shop reported a Q1 EPS of $0.71 versus the Street estimate of $0.69. Earnings per share were up 25 percent from the year-ago period, Revenue...
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Is McDonald's Taking on Starbucks in Coffee Wars?
Friday, November 15, 2013 - 10:30am | 607Read More...McDonald’s (NYSE: MCD) CEO Don Thompson wouldn’t name the Seattle-based chain as a competitor when he said Thursday that his company has less than its “fair share” of the coffee market. To date, McDonald’s “share” of restaurant coffee servings in the U.S. is less than 13 percent, according to...
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Starbucks Drops 1% After Earnings Beat
Wednesday, October 30, 2013 - 4:29pm | 384Read More...Starbucks (NASDAQ: SBUX) is down more than one percent in after hours trading after releasing positive fourth-quarter results. The company came out on top, posting a Q4 EPS of $0.63 versus the Street estimate of $0.60. This is a 37 percent increase from where the company's EPS was during the year-...
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Howard Schultz's Plans For A Global Teavana
Thursday, October 24, 2013 - 11:31am | 420Read More...Starbucks (NASDAQ: SBUX) CEO and Chairman Howard Shultz is excited about the company's Teavana acquisition, and he showed it gushingly on CNBC's Squawk on the Street Wednesday morning. "When we acquired Teavana, we acquired a jewel of a company that had basically 350 stores in malls of America,...
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Starbucks Squeezing its Way into a Larger Market Share of the Fresh Juice Craze (SBUX)
Thursday, October 10, 2013 - 3:07pm | 776Read More...Coffee giant Starbucks (NASDAQ: SBUX) has never been shy about keeping a spare finger on the public's pulse. The company's been quick to capitalize on the current government shutdown. President CEO Howard Schultz announced that, for part of this week, when a Starbucks customer buys...
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The Latest Microsoft CEO Search Scuttlebutt (MSFT)
Friday, September 13, 2013 - 2:00pm | 637Read More...Academic speculation about the search for a new CEO to replace retiring Steve Ballmer at Microsoft (NASDAQ: MSFT) is, frankly, boring. What’s infinitely more interesting is scuttlebutt or, as Business Insider called it, “barstool gossip.” Bar stool gossip is sometimes more than just...
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Former Goldman Sachs Executive Wants To Revolutionize An Industry Silicon Valley Ignored
Saturday, September 7, 2013 - 3:25pm | 976Read More...Between the rush to build new apps, new robots and new rockets, Silicon Valley might be too distracted for its own good. While working as the head of Emerging Private Companies at Goldman Sachs (NYSE: GS), Nicole Shariat Farb began to realize that no one was paying attention to the $30 billion DIY...
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J.C. Penney Board Responds Quickly To Bill Ackman (JCP)
Friday, August 9, 2013 - 11:08am | 576Read More...The war of words was rekindled Thursday between activist investor, William Ackman, and the J.C. Penney (NYSE: JCP) board of directors, with the board returning fire after Ackman made public a letter in which he urged the board to act quickly to replace interim CEO Myron “Mike” Ullman. In a...
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Starbucks CEO Howard Schultz Breaks Down Q3 And Comments On Competition (SBUX)
Friday, July 26, 2013 - 11:40am | 446Read More...Starbucks (NASDAQ: SBUX) CEO and Chairman Howard Schultz appeared on CNBC's Squawk on the Street to talk about the company's Q3 results, which are the strongest for Q3 in the company's history. Schultz broke down the numbers, talked about what's been successful and responded to the expansion of...
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Starbucks Jumps on Lifted Guidance, Strong Q3 Results (SBUX)
Thursday, July 25, 2013 - 5:22pm | 314Read More...Starbucks (NASDAQ: SBUX) released its fiscal third-quarter earnings results after the closing bell on Thursday. The company reported earnings per share and revenue that came in slightly ahead of Wall Street estimates. Starbucks also lifted its full-year EPS guidance and provided earnings guidance...
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Starbucks – It's Not Just for Coffee Drinkers Anymore (SBUX)
Friday, July 5, 2013 - 8:46am | 565Read More...When you hear the name, Starbucks (NASDAQ: SBUX), if you’re like most people the first thing you think about is coffee. Starbucks would like to change your thinking – at least to some extent. According to Bloomberg Businessweek, it would also like you to think about soda. Specifically “...
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The Top 23 Gay Marriage Supporters in Business Today
Wednesday, June 26, 2013 - 4:32pm | 1663Read More...Editor's note: This piece was originally published on March 27, 2013 This week, the Supreme Court is hearing two landmark cases on the issue of same-sex marriage that may change the current government definition of marriage as we know it. The heavy-hitters who have financed the battle to...
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Green Mountain Coffee Roasters Flying High Again!
Thursday, May 9, 2013 - 3:44pm | 825Read More...Shares of Green Mountain Coffee Roasters (NASDAQ: GMCR), the fast-growing Waterbury, Vermont-based maker of the Keurig brewing system, were among the leaders on the Nasdaq on Thursday. In afternoon trade, the stock was up around 26 percent to just below $76.00. Earlier in the session, GMCR hit a...
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Starbucks' Q2 Results Are 'Emblematic' of the Company's Success
Thursday, April 25, 2013 - 4:53pm | 484Read More...After the market close this afternoon, Starbucks (NASDAQ: SBUX) Chairman and CEO Howard Schultz told CNBC that he felt that the firm's second-quarter results were "emblematic of the success we are enjoying domestically and around the world." The highlight of the second quarter, he said, was the...
















