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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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September 23, 2014
06:28 EDTSBUXStarbucks developing stout beer-flavored latte, Reuters says
Starbucks is in the process of testing a new "dark barrel latte" throughout a few of its locations in Ohio in Florida, according to Reuters, citing comments from a company spokeswoman. The spokeswoman said that the coffee chain isn't releasing any data yet on when exactly the beverage will be available. Reference Link
September 18, 2014
13:47 EDTYUMPizza Hut opens first restaurant in Africa, plans to open dozens more
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07:52 EDTYUMPizza Hut testing 30% lower calorie pie, USA Today reports
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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
September 15, 2014
17:35 EDTYUMChurchill Downs, Yum! Brands extend five-year Kentucky Derby agreement
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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
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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September 9, 2014
13:58 EDTSBUXStarbucks, Groupon, OpenTable apps among those to integrate Apple Pay
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