Starbucks Corporation (SBUX) - NASDAQ
  • Dec. 6, 2012, 1:02 PM

    Starbucks (SBUX +4.5%) trades higher the day after an expressive investor meeting (I, II) yesterday. The fallback from analysts over plans to keep expanding in the U.S. is largely positive with Janney Capital Markets analyst Mark Kalinowski seeing the growth squaring nicely with a margin trend that could see wholesale coffee prices ease for the company.

    | Dec. 6, 2012, 1:02 PM
  • Dec. 6, 2012, 7:47 AM

    Bernstein Research tips Starbucks (SBUX) to see more growth in the U.S. with high-profile purchases set to add new revenue channels. At its investor conference (highlights: I, II) yesterday, CEO Howard Schultz made it clear he considers the company more than just a global story with 1.5K new stores slated to hit the U.S.

    | Dec. 6, 2012, 7:47 AM
  • Dec. 6, 2012, 5:05 AM

    Starbucks (SBUX) CEO Howard Schultz says the company is in talks to start paying income tax in the U.K. even though "we have not made a profit" in the country. It's a claim that has been met with derision in Britain and contradicts statements to investors. Starbucks is reportedly in talks to pay a tiny £5-6M in corporate tax this year and is expected to make an announcement today.

    | Dec. 6, 2012, 5:05 AM
  • Dec. 5, 2012, 9:10 AM
    Premarket gainers: MMR +77%. PXP +25%. PPHM +21%. CIE +13%. UEPS +12%. OCZ +10%. FRAN +9%. SSRI +9%. EXXI +8%. TEA +7%.
    Losers: CHTP -31%. MFRM -20%. MIND -17%. P -15%. FCX -14%. TIBX -13%. JRCC -11%.
    | Dec. 5, 2012, 9:10 AM
  • Dec. 5, 2012, 8:40 AM

    More from the Starbucks (SBUX) Investor Conference (previous early recap): 1) More Evolution Fresh products in stores and grocery outlets are on tap. 2) Why Teavana? Tea is a $40B category with double-digit growth, according to execs. The growth potential is to bring the Teavana brand out of the malls and into the massive Starbucks street presence. A test run of a Tazo retail store showed upside potential. 3) Starbucks will sell La Boulange food in grocery stores as it looks to benefit from the bakery purchase. 4) No further acquisition plans in place, as Schultz says the firm is "full up." SBUX +1.2% premarket. (webcast)

    | Dec. 5, 2012, 8:40 AM
  • Dec. 5, 2012, 8:25 AM

    Heard at the Starbucks (SBUX) Investor Conference: 1) The global growth story isn't over, according to early comments from CEO Howard Schultz. Plans are in place to have over 20K retail stores on six different continents by 2014. 2) Starbucks in the U.S. isn't overly saturated just yet, with volume growth still setting records. Over 1.5K new U.S. stores are planned for the next five years. 3) In China, Starbucks is "cracking the code" with consumers by adopting to local tastes. 4) The Teavana purchase hasn't been directly addressed yet, but the planned inclusion of Teavana products at stores is a positive sign the deal is on track. (webcast)

    | Dec. 5, 2012, 8:25 AM | 1 Comment
  • Dec. 4, 2012, 7:43 AM

    Longbow Research dips into the restaurant sector with a couple of optimistic calls. The firm initiates coverage on Starbucks (SBUX) with a Buy rating and $63 price target, while Dunkin' Brands (DNKN) is tapped as a new Buy with a $40 PT.

    | Dec. 4, 2012, 7:43 AM
  • Nov. 30, 2012, 8:55 AM
    A warning from Yum Brands on earnings growth in China for Q4 could spill over to taint other global restaurants chains. As the fast-food leader in China, Yum's track is closely watched to see where the growth engine may stall out. On watch: BKW, WEN, MCD, SBUX, DNKN.
    | Nov. 30, 2012, 8:55 AM
  • Nov. 29, 2012, 5:18 PM
    Harvard bets on the Starbucks (SBUX) acquisition of Teavana going through, disclosing it purchased 5.77% of the outstanding shares of TEA after the Nov. 14 merger announcement. (13D)
    | Nov. 29, 2012, 5:18 PM | 1 Comment
  • Nov. 29, 2012, 2:53 PM

    Something is brewing at Teavana (TEA +0.3%) after a mid-afternoon trading spike caught the attention of traders. An unconfirmed report indicating the Starbucks-Teavana deal was approved by the FTC could be behind the action.

    | Nov. 29, 2012, 2:53 PM
  • Nov. 28, 2012, 12:49 PM

    Coffee drinkers in 48 select Starbucks (SBUX +1.7%) stores have the opportunity to pay $7 for a single cup of a special Costa Rica blend. The move appears to be more about pumping up online sales for the product on the company's website rather than a precursor to a national rollout. The end game: Self-professed "coffee geeks" have created a sub-market for premium blends with prices approaching fine wine, so execs with Starbucks may be probing the upper bounds.

    | Nov. 28, 2012, 12:49 PM | 3 Comments
  • Nov. 28, 2012, 10:59 AM
    Shares of Teavana (TEA -2.5%) dip after short selling firm Glaucus hammers the company again in a new report. The firm still claims Teavana duped Starbucks and the pending deal could fall apart.
    | Nov. 28, 2012, 10:59 AM
  • Nov. 26, 2012, 3:17 PM

    Starbucks (SBUX -0.8%) will employ a strategy in China much different than the quick-stop, kiosk-look of stores in the U.S. Products will be tailored to local tastes and square footage at outlets will be increased to promote comfort. Analysts see the company walking a bit of a tightrope with the cachet of its brand a critical part of the company's success in the U.S. in passing off premium prices to consumers willing to lap them up.

    | Nov. 26, 2012, 3:17 PM | 1 Comment
  • Nov. 20, 2012, 3:09 PM

    Starbucks (SBUX +0.4%) says it will assess a report on Teavana (TEA -4.9%) before commenting on it publicly. Though analysts don't expect the flareup cause by a motivated short seller to be a deal killer, a filing with the SEC shows the breakup cost for Starbucks is only around $18M if it gets cold feet.

    | Nov. 20, 2012, 3:09 PM | 2 Comments
  • Nov. 20, 2012, 2:02 PM

    New Constructs president David Trainer thinks Starbucks (SBUX +0.2%) has gone from "greatly overvalued" to "pretty terrifically overvalued" with a market cap implying revenues will soar past McDonald's within ten years. Trainer's argument in a nutshell is that the Starbucks growth engine will stall out as the company reaches a size close to McDonald's.

    | Nov. 20, 2012, 2:02 PM | 1 Comment
  • Nov. 20, 2012, 1:47 PM

    Teavana (TEA -3%) responds to accusations from short seller Glaucus Research in a concise statement denying them across the board. The company notes its products undergo rigorous third-party testing and calls into question the motives of the research firm.

    | Nov. 20, 2012, 1:47 PM
Company Description
Starbucks Corp. engages in the manufacture and sale of coffee and tea. The firm operates through the following segments: Americas; Europe, Middle East, and Africa; China/Asia Pacific; Channel Development; and Other. Its brand portfolio includes Starbucks Coffee, Seattle's Best Coffee, Tazo Tea,... More
Sector: Services
Industry: Specialty Eateries
Country: United States