I knew that Starbucks SBUX had given its employees an intensive crash course in Via as part of its high-profile rollout of the new instant coffee product. But I didn't know how aggressive the company was training its employees to be. BusinessWeek is running a story on...
(Reuters) - U.S. stock index futures pointed to a mixed open on Wall Street on Friday as investors braced for the all-important monthly payrolls figures and unemployment rate, due at 8:30 a.m. EST.At 5:43 a.m. EST, futures for the S&P 500 were flat, Dow Jones futures were down 0.11 percent...
By Lisa BaertleinLOS ANGELES (Reuters) - Starbucks Corp SBUX raised its financial forecasts for 2010 in the latest sign a year-long turnaround effort is boosting margins and putting it back on track for growth, sending shares up almost 4 percent.The company, which posted an expectations-topping fourth-quarter profit on Thursday, increased...
Question-and-Answer SessionOperator Operator Instructions. Our first question comes from the line of John Glass with Morgan Stanley. John Glass - Morgan Stanley Troy, you highlighted the free cash in the business this year and what you expect to do next year, but you stopped short of talking about what's...
By Lisa BaertleinLOS ANGELES (Reuters) - Starbucks Corp SBUX raised its financial forecasts for 2010 in the latest sign a year-long turnaround effort is boosting margins and putting it back on track for growth, sending shares up 4 percent.The company, which has been slashing its outlets, laying people off and...
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Leaves and acorns -- I picked up a metric ton of both this past weekend in my backyard. It never ends.Asian stocks rose overnight. The Hang Seng was up 1.41%. The Nikkei was closed on holiday. European stocks were in positive territory early this morning too. And here in the US we’re currently trading higher.Here’s what I’m focused on this fine Monday morning:Gap Inc. (GPS): Did you see its third quarter? The chain turned in a profit of $0.44 which was in line with expectations. But in my opinion here’s the real story:1. Its gross margins got a nice ...
BloggingStocks: Today started out strong and stayed positive all day, even if some commented that the highs were not held. The weak dollar helped commodities and helped stocks. A 10.1% October sales rise by the National Association of Realtors by those trying to get ... Read more
This morning, there’s lots of buzz — unassisted by caffeine — over the fight over Diedrich Coffee (DDRX) which Peet’s (PEET) agreed to buy at the beginning of this month for $26 a share, but is now offering $32 a share after rival Green Mountain Coffee (GMCR) offered to buy Diedrich for $30 a share. [...]
BloggingStocks: Analyst upgrades:
Jefferies upgraded Starbucks (SBUX) to buy from hold, citing EPS and revenue momentum heading into 2010. The firm raised its target to $25 from $22.
Soleil upgraded Zions Bancorp (ZION) to buy from hold on valuation as it ... Read more
BloggingStocks: I have had my problem with Starbucks (SBUX) CEO Howard "Schultzie" Schultz in the past, but his latest little stunt has really ticked me off.
First things first, I will enjoy the occasional cup of Starbucks coffee, but the price has put a venti ... Read more
BloggingStocks: Imagine taking the personal connections and interactions that occur every day on the likes of Facebook and Twitter... and bringing them to bear on an education. To a large extent, this hasn't been done yet, but the potential is profound. In a new ... Read more
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