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Stock Market & Financial Investment News

News Breaks
February 29, 2012
11:40 EDTSBUX, SHLD, CVX, YUMStarbucks bringing Seattle's Best to Kmarts, Chevron stations, Bloomberg says
Starbucks (SBUX) will begin selling its Seattle’s Best coffee brand at Kmart (SHLD) stores, Chevron (CVX) gas stations, and some Taco Bell (YUM) locations, reported Bloomberg, citing an interview with Chris Bruzzo, the brand’s chief marketing officer. Reference Link
News For SBUX;SHLD;CVX;YUM From The Last 14 Days
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September 16, 2014
13:19 EDTSBUXMcDonald's Canada to offer coffee in grocery stores, Reuters says
McDonald's (MCD) is poised to start offering its McCafe ground coffee throughout Canadian grocery stores this month in an effort to gain more customers in a country whose java market has been lead by competitors such as Tim Hortons (THI) and Starbucks (SBUX), according to Reuters, citing comments from McDonald's Canada CEO John Betts. Reference Link
10:47 EDTCVXBadri sees OPEC lowering oil output target at next meeting, Reuters says
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10:15 EDTSHLDSears tumbles to fresh 52-week low, levels to watch
The shares hit a fresh 52-week low at $30.88 before bouncing slightly higher. WIth price last at $31.18, support is at that new low. A break below $30.88 would see next support at $30.10. Resistance is at $31.71, a pivot low on a closing basis, and then at $32.62.
06:35 EDTSHLDSears borrows $400M from CEO's hedge fund
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September 15, 2014
20:02 EDTCVXConocoPhillips auctioning 24% stake in the Clair oilfield, FT reports
ConocoPhillips (COP) has hired banks to sell its 24% stake in UK's largest oilfield, The Financial Times reports, citing people familiar with the matter. The 24% stake could be valued between $2B-$3B, the people added. The Clair oilfield sits in Scottish territorial waters, and Conoco's interest in exiting the project is a sign of the challenges facing the North Sea oil industry, The Financial Times added. BP (BP) operates the Clair oilfield and owns a 28.6% stake, Royal Dutch Shell (RDS.A) controls a 28.6% stake, and Chevron (CVX) controls a 19% stake. Reference Link
17:35 EDTYUMChurchill Downs, Yum! Brands extend five-year Kentucky Derby agreement
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07:02 EDTCVXMcDermott completes contract scope for Jack, St. Malo project
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06:29 EDTCVXChevron pipeline shut down following accident that killed one, WSJ reports
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06:11 EDTYUMYum! Brands looking beyond pizza, tacos to Banh concept, USA Today reports
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September 14, 2014
13:35 EDTSBUXStarbucks shares could fall, Barron's says
Starbucks shares could fall and were placed on Hedgeye Risk Management analyst Howard Penney's best-ideas list as a short, Barron's argues in its 'The Trader' column. Reference Link
September 12, 2014
11:49 EDTCVXChevron CEO looks for partner before Kitimat project decision, Bloomberg says
Chevron CEO John Watson said that the firm needs to locate a partner, finalize natural gas contracts and examine engineering expenses prior to making a choice regarding its Canadian liquefied natural gas project in Kitimat, according to Bloomberg, citing comments from Watson. Reference Link
08:17 EDTSBUXStarbucks 6.2M share Block Trade priced at $75.15
BofA/Merrill acted as sole book running manager for the offering.
September 11, 2014
06:36 EDTSBUXStarbucks to sell single-origin coffees in supermarkets, WSJ reports
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September 10, 2014
16:15 EDTYUMYum! Brands increases quarterly dividend 11% to 41c from 37c
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11:43 EDTSHLDLand's End soars after better than expected Q2 results
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08:22 EDTCVXBofA/Merrill oil and gas analysts hold an analyst/industry conference call
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September 9, 2014
13:58 EDTSBUXStarbucks, Groupon, OpenTable apps among those to integrate Apple Pay
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10:10 EDTCVXOn the Fly: Analyst Downgrade Summary
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07:40 EDTCVXChevron downgraded to Underperform from Neutral at BofA/Merrill
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September 5, 2014
06:04 EDTSBUXStarbucks accelerates growth of multiple diversified store formats
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