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Stock Market & Financial Investment News

News Breaks
February 4, 2014
05:45 EDTEMN, GE, XRX, RCL, SBUX, KMBCompanies face increased pressure to keep prices down, WSJ reports
American firms are having a tough time as falling prices for a number of their key products is affected by intense competition and pressure from cost conscious customers, reports the Wall Street Journal. Firms are from a number of industry sectors who say some prices slipped in the last three months of the year, and sometimes significantly. That puts a damper on revenue growth. Reference Link
News For GE;KMB;RCL;EMN;SBUX;XRX From The Last 14 Days
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December 5, 2014
07:32 EDTSBUXStarbucks price target raised to $89 from $82 at JPMorgan
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07:08 EDTEMNEastman Chemical downgraded to Neutral from Overweight at JPMorgan
JPMorgan downgraded Eastman Chemical to Neutral saying the company's hedges will offset some of the positive impact from lower raw material prices. The firm lowered its price target for shares to $80 from $90.
06:53 EDTSBUXPiper sees Starbucks shares doubling within four years
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06:26 EDTGEAres Management and GE Capital provide debt package to fund Open GI acquisition
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December 4, 2014
16:25 EDTRCLRoyal Caribbean orders two new ships
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15:43 EDTEMNEastman Chemical raises quarterly dividend 14% to 40c from 35c per share
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14:29 EDTSBUXStarbucks CFO says has never missed guidance as a result of coffee prices
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14:28 EDTSBUXStarbucks CFO reaffirms FY SSS growth mid single digits
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12:27 EDTSBUXStarbucks exploring two different delivery models to launch mid-to-late 2015
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12:24 EDTSBUXStarbucks sees mobile ordering driving MSR memberships
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12:18 EDTSBUXStarbucks sees 'mobile ordering' driving transactions
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12:16 EDTSBUXStarbucks says has the neccessary attributes to create new mobile payment system
12:14 EDTSBUXStarbucks says use of mobile app grew approximately 50% in 2014
12:05 EDTSBUXStarbucks to make aggressive push in tea business
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11:59 EDTGEHungary to buy Budapest Bank from GE Capital, Reuters reports
Hungary has signed a preliminary agreement to buy Budapest Bank from GE Capital, reports Reuters, according governments spokesman Zoltan Kovancs. economy Minister Mihlay Varga said the transaction is expected to close by the end of July 2015, but declined to comment on the price. Reference Link
11:06 EDTSBUXStarbucks announces launch of Mobile Order & Pay
Reports 8M loyalty customers, 7M mobile transactions per week. Reports more than $4B loaded onto prepaid Starbucks Cards in North America in the last year. Starbucks announced the launch of “Mobile Order & Pay” and plans for food and beverage delivery. Mobile Order & Pay will allow customers to place orders in advance of their visit, and to pick up their ready order at their preferred Starbucks store – improving speed of service, enhancing customer loyalty and the customer experience, streamlining store operations and further extending Starbucks leadership position in mobile commerce and customer loyalty. The Portland launch will be followed by a national rollout of Mobile Order & Pay in 2015.
11:04 EDTSBUXStarbucks plans to double store count in China to 3000 stores by 2019
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11:03 EDTSBUXStarbucks projects revenue to approach $30B in FY19, up from $16B in FY14
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December 3, 2014
07:14 EDTGEBusiness Insider to hold a conference
Business Insider IGNITION 2014 Conference is being held in New York on December 1-3 with webcasted company presentations to begin on December 3 at 8 am; not all company presentations may be webcasted. Webcast Link
06:04 EDTGEGeneral Electric's gas turbine-compresssor solution selected by LNG Canada
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