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Stock Market & Financial Investment News

News Breaks
December 4, 2012
06:36 EDTDNKN, SBUXRecord 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 Dunkiní 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
News For SBUX;DNKN From The Last 14 Days
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August 28, 2015
10:54 EDTDNKNAnalyst says Dunkin, Domino's to be boosted by store openings, share gains
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10:03 EDTDNKNOn The Fly: Analyst Initiation Summary
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07:41 EDTDNKNDunkin' Brands initiated with a Buy at Maxim
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August 25, 2015
07:36 EDTSBUXStarbucks CEO tells workers to be nice to stock-stressed customers, Fusion says
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August 19, 2015
06:12 EDTDNKN, SBUXStarbucks K-cup momentum is accelerating, says UBS
UBS analyst Keith Siegner says Starbucks (SBUX) is seeing accelerating momentum in the single-serve cup category. The company's K-cup sales increased 36% year-over-year for the four-week period ended August 8, according to Nielsen (NLSN), Siegner tells investors in a research note. Starbucks' K-cup promotion levels ticked up sequentially, but remain well below levels from earlier in the year, the analyst points out. The company's K-Cup portfolio continues to gain share despite increasing price pressure and new market entrants like Dunkin' Brands (DNKN) and McDonald's (MCD), Siegner writes. He keeps a Buy rating on Starbucks with a $63 price target. The stock closed yesterday up 9c to $57.83. Shares of Keurig Green Mountain (GMCR) are down 62% year-to-date in part due to the company's slowing sales in the single-serve cup category.
August 18, 2015
06:08 EDTSBUXStarbucks to start selling wine, beer at some stores this week, USA Today says
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