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Stock Market & Financial Investment News

News Breaks
July 28, 2014
06:16 EDTMCD, SBUX, YUMOSI Group CEO says China food scandal 'completely unacceptable'
OSI Group CEO Sheldon Lavin issued a statement about the firm's unit, Husi Shanghai, regarding the latest food scandal in China. Lavin said, "What happened at Husi Shanghai is completely unacceptable. I will not try and defend it or explain it. It was terribly wrong, and I am appalled that it ever happened in the company that I own. On behalf of Husi and OSI, I sincerely apologize to all of our customers in China. We will bear the responsibility of these missteps, and will make sure that they never happen again. That is my personal commitment and that of our organization. For more than 100 years, OSI has provided safe, quality food and is currently operating at the highest standards in 17 countries serving more than 40 countries around the world. So to have this occur at this Shanghai facility violates the tenets of our company and the values we embrace and live. Upon hearing of the Shanghai issue, I immediately sent our best team of global experts from the OSI Group, and more are on their way, to work with the local team to ensure my promise to you today is met. We are very proud of our newest state-of-the-art facility in Henan. It reflects our confidence and commitment in China. We are also pleased that local Chinese authorities have inspected all our other facilities and have found no issues." World-wide brands such as Yum! Brands' (YUM) KFC, McDonald's (MCD) and Starbucks (SBUX) were affected by the food scandal in the country after allegations arose speculating that Husi Shanghai supplied expired meat to the companies. Reference Link
News For MCD;YUM;SBUX From The Last 14 Days
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February 27, 2015
09:35 EDTMCDActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL MCD GOOG MNST BAC TSLA NFLX SINA AMZN WYNN
February 26, 2015
16:00 EDTMCDOptions Update; February 26, 2015
iPath S&P 500 VIX Short-Term Futures down 33c to 27.78. Option volume leaders: AAPL TSLA TWTR C ZNGA MCD RIG NFLX according to Track Data.
09:35 EDTMCDActive equity options trading on open
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07:10 EDTSBUXStarbucks price target raised to $108 from $97 at Jefferies
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06:53 EDTSBUX, YUMKFC to test edible coffee cup in U.K., NY Times says
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06:27 EDTYUMYum!'s Taco Bell signs franchise agreement with Astrapport Dining
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February 25, 2015
16:00 EDTMCDOptions Update; February 25, 2015
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11:41 EDTMCDTrade unions say McDonald's avoided over $1B of taxes in Europe
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07:18 EDTSBUXPiper bumps Starbucks price target up to $107
Piper Jaffray raised its price target for shares of Starbucks to $107 from $102 saying it has increased conviction in the achievability of its estimates over the next five years after traveling with management. Piper remains confident in its prediction that Starbucks will double earnings and reach a $100B-plus market capitalization in less than five years. It reiterates an Overweight rating on the stock.
February 24, 2015
06:04 EDTSBUXStarbucks to stop selling CDs as it moves to other formats, Mashable says
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February 23, 2015
12:40 EDTSBUXStarbucks pushing China employees to open new stores, WantChinaTimes says
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February 22, 2015
15:31 EDTMCDMcDonald's under pressure to raise hourly pay as Wal-Mart sets bar, Reuters says
According to labor experts McDonald's (MCD) and its franchisees may be under pressure to raise hourly wages as the improved economic landscape increases competition for good workers and as retailer Wal-Mart (WMT) raises its hourly pay, says Reuters. Reference Link
February 20, 2015
16:03 EDTMCDOptions Update; February 20, 2015
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09:38 EDTMCDActive equity options trading on open
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07:10 EDTSBUXBrean Capital to hold a bus tour
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February 19, 2015
11:23 EDTSBUXStarbucks management to meet with Jefferies
Meeting to be held in San Francisco on February 25 hosted by Jefferies.
09:35 EDTMCDOption volume leaders
Option volume leaders: AAPL TSLA TWTR MCD WMT PBR SPWR WFM GILD FB SCTY according to Track Data.
February 18, 2015
12:17 EDTSBUXStarbucks management to meet with Piper Jaffray
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February 17, 2015
13:14 EDTSBUXStarbucks announces launch of coffee delivery service
Starbucks announced the launch of its fresh delivery subscription service. It stated, "Available in monthly increments, Starbucks Reserve Roastery Subscriptions will allow customers access to unique, small-lot coffees only available at the Roastery or through the subscription. Designed to provide the highest quality coffee immediately after roasting, these fresh delivery subscriptions ensure customers receive their coffee within three to five days of being roasted, depending on location in the U.S." A one month subscription costs $24 while an annual subscription costs $288.
07:24 EDTMCDExecutives' Club of Chicago to hold a breakfast meeting
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