|Bid||70.60 x 800|
|Ask||70.75 x 1000|
|Day's Range||70.19 - 71.37|
|52 Week Range||47.37 - 71.54|
|Beta (3Y Monthly)||0.41|
|PE Ratio (TTM)||31.48|
|Earnings Date||Apr 25, 2019|
|Forward Dividend & Yield||1.44 (2.03%)|
|1y Target Est||69.26|
Todd Gordon, TradingAnalysis.com, on key levels for the market. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Karen Finerman, Dan Nathan and Guy Adami.
Starbucks Corp said on Friday it would launch a new all-day dining cafe in China which will serve a brunch menu and cocktails, as the world's largest coffee chain seeks to expand its retail offering in the increasingly competitive market. The opening of the cafe in the city of Shanghai comes as Starbucks has been facing slowing sales growth in its second-largest market amid pressure from a growing number of independent coffee shops and Chinese startups such as Luckin Coffee which offer cheap delivery and big discounts. "Today marks yet another significant milestone as we take everything we have learned around coffee and our relentless pursuit for food innovation, to create a new exciting all-day cafe dining and Italian aperitivo experience," Starbucks China CEO Belinda Wong said in a statement.
Former Starbucks Corp (SBUX) CEO Howard Schultz is considering a run for president as a "centrist independent" in 2020. Schultz, a self-described “lifelong Democrat,” said he wants to get into politics because U.S. politicians are no longer representing the interests of American people.
Is 2019 Bill Ackman’s Comeback Year after a Series of Losses?(Continued from Prior Part)Holdings driving Pershing Square’s outperformance In Pershing Square’s latest shareholder letter, Bill Ackman explained what’s been driving
Shares of Starbucks (SBUX) have surged over 10% since the company posted better-than-expected quarterly earnings and revenue on January 24. Now let's dive into why the coffee powerhouse looks like a strong buy at the moment.
-branded coffee products in retail markets across the globe. The new range of products will include signature Starbucks whole bean, roast and ground products, blends and single-origin coffees, the company said. In May 2018, Starbucks sold the rights to offer its coffee and tea in grocery and retail stores to Nestle for more than $7 billion.
The European Commission suffered a defeat on Thursday in its drive to tackle illegal tax deals for multinationals after an EU court annulled its state aid decision against a Belgian tax scheme worth about €700m. The commission confronted Belgium over an “excess profits” tax scheme for multinationals, arguing that the arrangements gave them an unfair advantage over smaller rivals by allowing them to reduce their corporate tax base by 50-90 per cent.
Billionaire Howard “Don’t Call Me Billionaire” Schultz explains his stance on taxing the rich in a prime-time CNN town hall Tuesday night. He wants higher taxes on the rich, but says Ocasio-Cortez’s plan is “punitive.”
Nestle will sell Starbucks-branded coffee at grocery stores and online in Europe, Asia and Latin America from this month as it seeks to increase its lead over rivals such as JAB. After last year's $7.15 billion (5.56 billion pounds) cash deal for exclusive rights to sell the U.S. chain's coffees and teas, Nestle will start selling Starbucks labelled coffee beans, roast and ground coffee and single-serve capsules for its Nespresso and Nescafe Dolce Gusto coffee makers. Asked whether the launch of Starbucks Nespresso capsules would help Nespresso return to double-digit growth, Patrice Bula, executive vice president and head of strategic business units, marketing, sales and Nespresso, told a media briefing: "Yes, I hope so, yes.
Starbucks, Xilinx and Waste Management have rallied to start the year, each securing all-time highs this week. According to two traders, there could be bigger breakouts.
Recent outperformance has been driven by investments in ADP, Lowe's, Starbucks and Chipotle, according to the activist investor.
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Dividends play a key role in compoundingRead More...
The longest government shutdown in U.S. history cost the economy billions of dollars. Its impacts trickled down from federal employees missing their paychecks to D.C.-area restaurants losing a third of their customer base.
Howard Schultz, the billionaire founder of Starbucks who is considering an independent bid for the White House, will not run as a Democrat despite worries that his entry into the race could increase Donald Trump’s chances of being re-elected in 2020. Mr Schultz told a town-hall meeting with voters in Texas that there was no situation in which he would consider running as a Democrat because the party had moved too far to the left. last month that he was considering a presidential run, he said he would not be a “spoiler” who would help re-elect Mr Trump.
The world's 10 biggest restaurant companies, arranged by market capitalization – from McDonald's to Brinker International – are mostly chain operations.
earnings fourth quarter 2018 earnings reports are both in, and the two American coffee and food competitors went in divergent paths. If consumer spend continues to shift downward -- especially if spending projections for 2019 and 2020 come in lower than expectations -- some coffee drinkers could switch over to Dunkin' over Starbucks. Starbucks has recently seen a poop in comparable sales growth, while Dunkin's comps are stuck in their doldrums.
Europe's second-highest court will rule on Thursday whether a Belgian tax break which benefited some 35 large companies is illegal state aid, a judgment which could provide clues to other tax cases involving Apple, Starbucks and Fiat Chrysler. As part of its crackdown on tax avoidance, the European Commission three years ago ordered Belgium to recover some 700 million euros (£615 million) from the group, saying the companies' "excess profit" tax plan gave them an unfair advantage vis-a-vis smaller firms. The scheme allowed the companies to claim deductions for economies of scale, reducing their corporate tax base by 50-90 percent.