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Stock Market & Financial Investment News

News Breaks
December 31, 2012
16:07 EDTTEA, SBUXStarbucks closes Teavana acquisition
Starbucks Coffee (SBUX) announced that the company's planned acquisition of Teavana Holdings (TEA) has formally closed, making Teavana a wholly-owned subsidiary of Starbucks and the newest addition to Starbucks emerging brands portfolio, which also includes Evolution Fresh, La Boulange, Seattle's Best Coffee and Tazo. Starbucks acquired Teavana for an aggregate acquisition price of approximately $620M in cash and is expecting the acquisition to be accretive to earnings by approximately 1c per share in FY13, based upon the previously announced earnings targets. Teavana public stockholders of record will receive $15.50 per share in cash.
News For SBUX;TEA From The Last 14 Days
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May 20, 2015
08:18 EDTSBUXKeurig Green Mountain downgraded at Argus on 2.0 brewer challenges
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May 18, 2015
17:07 EDTSBUXStarbucks establishes music partnership with Spotify
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09:00 EDTSBUXStarbucks management to meet with JPMorgan
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May 12, 2015
15:46 EDTSBUXExpert claims some Starbucks customers hacked, CNBC reports
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