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What We Know About Soon-To-Be Starbucks CEO Kevin Johnson
Monday, December 5, 2016 - 3:39pm | 563Read More...A new star has risen to prominence on Starbucks Corporation (NASDAQ: SBUX)'s horizon and those who have seen it (rather him) emerge from under the shadows of the company's celebrated founder Howard Schultz may be thirsting to know more about the new star. Kevin Johnson, currently chief operating...
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Troy Alstead Resigns From Starbucks
Wednesday, March 2, 2016 - 9:12am | 183Read More...Starbucks Corporation (NASDAQ: SBUX) announced in a regulatory filing on Wednesday that its ex-Chief Operating Officer, Troy Alstead, will not return to the company following a year-long unpaid leave. According to CNBC, Alstead was considered to be Starbuck's No. 2 executive and an eventual...
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Starbucks A New Neutral At Credit Suisse
Wednesday, March 11, 2015 - 10:27am | 275Read More...In a report published Tuesday, Credit Suisse analyst Jason West initiated coverage of Starbucks Corporation (NASDAQ: SBUX) at Neutral with a $97 price target, urging investors to be "cautious" following a "remarkable run" in share prices. According to West, Starbucks...
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Starbucks To Increase Locations That Serve Alcohol
Monday, March 24, 2014 - 12:03pm | 469Read More...Your favorite barista could soon become your local bartender. Starbucks (NASDAQ: SBUX) announced that it's expanding the number of locations that sell alcohol. Currently, 26 of its locations have the “Evenings” program, and the company plans to increase that to 40 locations by the end of the year...
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Market Wrap For February 7: Jobs Report Not Great, But Not Too Bad
Friday, February 7, 2014 - 5:36pm | 3052Read More...U.S. stocks rallied for the second straight day, ending a tumultuous week on a positive note as investors found more positives than negatives in today's job reports. "It was bad, but not that bad," an investment officer at Wells Fargo told CNBC. "We've made some progress here, we still think we...
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Market Wrap For January 24: Fear Is Back In The Markets
Friday, January 24, 2014 - 5:30pm | 2424Read More...Major indices continued to plummet on Friday with no economic data released that could rejuvenate the market. Investors remain worried about a Chinese slowdown, a mixed-bag of corporate results on Wall Street and possible further tapering just around the corner as the Fed meets again next...
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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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Starbucks Will Show Q4 Loss of $2.12 Billion Following $2.7 Billion Fine
Wednesday, November 13, 2013 - 3:13pm | 512Read More...The net result of an arbitrator imposed fine of $2.7 billion on Starbucks (NASDAQ: SBUX) in a contract dispute with Kraft (NASDAQ: KRFT), will be a fourth-quarter operating loss of $2.12 billion, according to Reuters. Prior to the arbitrator’s decision, the company had reported a 34 percent...
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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-...
