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News Breaks | | | | December 4, 2012 | | 06:36 EDT |  | SBUX, DNKN | Record Brazil coffee harvest lowers costs for Starbucks, Bloomberg reports
Brazil had record coffee harvests, compounding the worldwide glut of arabica used by Starbucks Corp. (SBUX) and Dunkin’ Donuts (DNKN), reports Bloomberg. Brazilian farmers will have 50.8M bags in 2013, a record for a the low-crop season, according to the median of nine analyst estimates compiled by Bloomberg. The harvest reached 55.9M 60-kilogram (132-pound) bags in 2012, an all-time high for a peak year. Prices may drop 13 % to $1.311 a pound by June 30, the average of 14 predictions shows. Reference Link | |
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News For SBUX;DNKN From The Last 14 Days Check below for free stories on SBUX;DNKN the last two weeks. |
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| May 22, 2013 | | 08:03 EDT |  | SBUX | Kohl's announces Michelle Gass as Chief Customer Officer
 Subscribe for More Information | | | May 21, 2013 | | 14:50 EDT | | SBUX | Wal-Mart among 19 large retailers to opt out of swipe fee deal, DJ reports
A group of 19 large retailers led by Wal-Mart (WMT) are opting out of a pending settlement with Visa (V) and MasterCard (MA) over swipe fees, reported Dow Jones, citing a statement from the companies. The group of merchants also includes Costco (COST), Starbucks (SBUX), Gap (GPS), Lowe's (LOW) and Nike (NKE), among others, and their announcement comes a week before a court deadline to object to and opt out of the proposed settlement, the report noted. Reference Link | | | May 20, 2013 | | 10:11 EDT |  | DNKN | On The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Artisan Partners (APAM) downgraded to Market Perform from Outperform at Keefe Bruyette... Bank of America (BAC) downgraded to Market Perform from Outperform at Keefe Bruyette... Bed Bath & Beyond (BBBY) downgraded to Hold from Buy at Jefferies... BlackRock (BLK) downgraded to Market Perform from Outperform at Keefe Bruyette... Cavium (CAVM) downgraded to Market Perform from Outperform at JMP Securities... Charles Schwab (SCHW) downgraded to Underperform from Market Perform at Keefe Bruyette... Dunkin' Brands (DNKN) downgraded to Neutral from Buy at Longbow... Equifax (EFX) downgraded to Neutral from Buy at Goldman... Leap Wireless (LEAP) downgraded to Sell from Hold at Deutsche Bank... Lowe's (LOW) downgraded to Perform from Outperform at Oppenheimer... MicroStrategy (MSTR) downgraded to Market Perform from Outperform at JMP Securities... NetApp (NTAP) downgraded to Underperform from Neutral at RW Baird... NeuStar (NSR) downgraded to Neutral from Buy at Goldman... Red Hat (RHT) downgraded to Market Perform from Outperform at BMO Capital... Ruby Tuesday (RT) downgraded to Market Perform from Outperform at Wells Fargo... Synovus (SNV) downgraded to Sell from Neutral at Goldman... TD Ameritrade (AMTD) downgraded to Underperform from Market Perform at Keefe Bruyette... Thoratec (THOR) downgraded to Neutral from Buy at Goldman... CF Industries (CF) downgraded to Hold from Buy at Miller Tabak... Children's Place (PLCE) downgraded at Susquehanna... CarMax (KMX) downgraded to Market Perform from Outperform at William Blair... SanDisk (SNDK) downgraded to Neutral from Buy at Nomura... Red Hat (RHT) downgraded at BMO Capital... Rex Energy (REXX) downgraded to Hold from Buy at Stifel... Range Resources (RRC) downgraded to Hold from Buy at Stifel... Kansas City Southern (KSU) downgraded to Sell from Hold at Stifel... Capella Education (CPLA) downgraded to Hold from Buy at Stifel. | | | 06:33 EDT | | DNKN | Dunkin' Brands downgraded to Neutral from Buy at Longbow
| | | May 13, 2013 | | 08:53 EDT |  | SBUX | Boingo Wireless price target raised to $10 from $7.50 at DA Davidson
DA Davidson increased its price target on Boingo Wireless (WIFI) as the firm expects the company to rebound in coming quarters, partly due to its new deals with Endeka and Starbucks (SBUX). The firm keeps a Buy rating on Boingo. | |
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