New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 6, 2014
07:34 EDTYUM, SBUXStarbucks may remain range-bound near-term, says Oppenheimer
Oppenheimer believes that the recent increases in coffee prices are "manageable" for Starbucks (SBUX), but have "put a major strain" on its ability to outperform 2015 expectations. The firm thinks the stock could remain range-bound in the near-term, and prefers Yum! Brands, (YUM) which the firm thinks can beat EPS estimates and has multiple expansion drivers. But the firm still believes that Starbucks has multiple positive comps catalysts, and it keeps an Outperform rating on the stock.
News For SBUX;YUM From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
July 6, 2015
14:26 EDTSBUXStarbucks to raise drink prices 5c-20c, AP says
Starbucks plans to raise prices on its drinks beginning Tuesday, reports the Associated Press, citing emailed statements from the company. The price hikes will range 5c-20c for most drinks, said the report. Reference Link
July 5, 2015
19:39 EDTYUMMcDonald's to test mobile ordering in China, WSJ says
Subscribe for More Information
July 1, 2015
11:11 EDTYUMAnalyst says Yum! Brands could create value with China spin-off
There is a good chance that Yum! Brands could spin off its China business, adding value to its stock, UBS wrote in a note to investors earlier today. WHAT'S NEW: Activist investors will probably push Yum! to take steps to enhance its value and one of the moves the company is most likely to make is spinning off its China business, UBS analyst Keith Siegner wrote in a note to investors today. Following the spin-off of the China business, the rest of Yum, dubbed "Yum Global" by the analyst, could increase its leverage to 5-6 times and use the proceeds for share repurchases, Siegner believes. Meanwhile, the China business, which he calls "Yum China," would be a direct play on the growth of the Chinese middle class via a company that uses Western accounting standards, the analyst stated. Siegner believes that Yum Global's profits will grow by around low teen percentage levels, while those of Yum China will expand at a high teens/low twenties percentage rate. The analyst estimated that Yum Global would be worth $76 per share and Yum China would be worth $40 per share, leading him to increase his price target on Yum's current shares to $116 from $100. He kept a Buy rating on the stock. PRICE ACTION: In morning trading, Yum rose 1.5% to to $91.40.
10:00 EDTSBUXOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Autoliv (ALV) downgraded to Underperform from Outperform at Exane BNP Paribas... Baxter (BAX) downgraded to Neutral from Outperform at Credit Suisse... Carter's (CRI) downgraded to Buy from Conviction Buy at Goldman... Fiat Chrysler (FCAU) downgraded to Neutral from Outperform at Exane BNP Paribas... H&E Equipment (HEES) downgraded to Sector Weight from Overweight at KeyBanc... L'Oreal (LRLCY) downgraded to Sell from Neutral at Citi... Marchex (MCHX) downgraded to Equal Weight from Overweight at Stephens... NASDAQ (NDAQ) downgraded to Market Perform from Outperform at Keefe Bruyette... Starbucks (SBUX) downgraded to Buy from Conviction Buy at Goldman... Towers Watson (TW) downgraded to Hold from Buy at Deutsche Bank... Tuesday Morning (TUES) downgraded to Accumulate from Buy at Johnson Rice... United Rentals (URI) downgraded to Sector Weight from Overweight at KeyBanc.
07:36 EDTYUMYum! Brands potential China separation an important catalyst, says UBS
Subscribe for More Information
06:12 EDTSBUXStarbucks downgraded to Buy from Conviction Buy at Goldman
Goldman removed Starbucks from the Conviction Buy List and maintained its Buy rating and $57 price target based on relative valuation versus the group.
June 25, 2015
06:58 EDTSBUXPiper reiterates Starbucks as top pick, raises price target
Subscribe for More Information
June 24, 2015
09:35 EDTSBUXActive equity options trading on open
Subscribe for More Information
09:01 EDTSBUXAerohive names Starbucks CIO Curt Garner to board of directors
Subscribe for More Information
June 23, 2015
07:46 EDTSBUXPiper Jaffray to hold a field trip
Seattle Field Trip travels throughout Seattle visiting with Costco, Starbucks and Amazon on June 23-24.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use