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Stock Market & Financial Investment News

News Breaks
October 4, 2012
07:51 EDTSBUX, CSTRCoinstar turns to coffee, Bloomberg reports
Coinstar (CSTR), with its $1-a-day Redbox DVD kiosks, is now turning to the coffee market, installing dispensers to pump out inexpensive, fresh-brewed mochas and lattes at the corner store, using Starbucks (SBUX)’s Seattle’s Best brand, reports Bloomberg. The company is attempting to break into the $28.5B out-of- home coffee market by offering convenience and a low price. Next, it wants to expand the premium market by serving coffee where it isn’t now, including drug stores and big-box retailers. Reference Link
News For CSTR;SBUX From The Last 14 Days
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November 28, 2014
07:08 EDTSBUXStarbucks price target raised to $100 from $90 at Piper Jaffray
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November 20, 2014
11:58 EDTSBUXKeurig Green Mountain sinks after Q1 outlook disappoints, CFO reports departure
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November 14, 2014
06:16 EDTSBUXEU says Starbucks tax deal in Netherlands may be illegal state aid, WSJ says
The European Union said the tax deal struck by Starbucks (SBUX) in the Netherlands amounts to illegal state aid, reports the Wall Street Journal. European Commission regulators said it reached a preliminary view that the tax deal violated guidelines produced by the Organization for Economic Cooperation and Development. It said the tax deal "tolerates questionable adjustments which allow Starbucks Manufacturing BV to lower the resulting corporate income tax basis in the Netherlands." The EU is also investigating tax arrangements of Apple (AAPL) in Ireland and Amazon (AMZN) and Fiat S.p.A. (FIATY) in Luxembourg. Reference Link

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