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Shares of Teavana (TEA -2.5%) tread water as Glaucus Research Group backs its Strong Sell rating...

Shares of Teavana (TEA -2.5%) tread water as Glaucus Research Group backs its Strong Sell rating on the stock with a warning Starbucks (SBUX +0.7%) may back off purchasing the tea retailer due to the pesticide containment of the firm's products. Neither company has commented publicly on the accusations just yet, but with Starbucks' well-advertised commitment to ethical sourcing a response seems likely. (Teavana research report .pdf)
Comments (1)
  • Whitehawk
    , contributor
    Comments (3129) | Send Message
     
    Did Starbucks do its due diligence on Teavana as a business that would be accretive based on the purchase price?
    BTW, Tazo is not real tea, and tea drinkers don't go to coffee/"tea" outlets to drink real tea.
    20 Nov 2012, 11:32 AM Reply Like
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