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Stock Market & Financial Investment News

News Breaks
March 6, 2014
07:34 EDTSBUX, YUMStarbucks 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
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February 27, 2015
09:48 EDTYUMYum! Brands says Marco Consulting to withdraw proxy access shareholder proposal
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February 26, 2015
07:10 EDTSBUXStarbucks price target raised to $108 from $97 at Jefferies
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06:53 EDTYUM, SBUXKFC to test edible coffee cup in U.K., NY Times says
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06:27 EDTYUMYum!'s Taco Bell signs franchise agreement with Astrapport Dining
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February 25, 2015
07:18 EDTSBUXPiper bumps Starbucks price target up to $107
Piper Jaffray raised its price target for shares of Starbucks to $107 from $102 saying it has increased conviction in the achievability of its estimates over the next five years after traveling with management. Piper remains confident in its prediction that Starbucks will double earnings and reach a $100B-plus market capitalization in less than five years. It reiterates an Overweight rating on the stock.
February 24, 2015
06:04 EDTSBUXStarbucks to stop selling CDs as it moves to other formats, Mashable says
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February 23, 2015
12:40 EDTSBUXStarbucks pushing China employees to open new stores, WantChinaTimes says
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February 20, 2015
07:10 EDTSBUXBrean Capital to hold a bus tour
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February 19, 2015
11:23 EDTSBUXStarbucks management to meet with Jefferies
Meeting to be held in San Francisco on February 25 hosted by Jefferies.
February 18, 2015
12:17 EDTSBUXStarbucks management to meet with Piper Jaffray
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February 17, 2015
13:14 EDTSBUXStarbucks announces launch of coffee delivery service
Starbucks announced the launch of its fresh delivery subscription service. It stated, "Available in monthly increments, Starbucks Reserve Roastery Subscriptions will allow customers access to unique, small-lot coffees only available at the Roastery or through the subscription. Designed to provide the highest quality coffee immediately after roasting, these fresh delivery subscriptions ensure customers receive their coffee within three to five days of being roasted, depending on location in the U.S." A one month subscription costs $24 while an annual subscription costs $288.

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