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Stock Market & Financial Investment News

News Breaks
March 21, 2012
13:06 EDTSBUXStarbucks to invest nearly $180M to build plant in Augusta, GA
The company announced it will invest nearly $180M in expanding manufacturing capacity in the Southeastern U.S. by building a fifth U.S. plant in Augusta, Ga. and expanding an existing facility in Sandy Run, S.C. These investments are included in Starbucks Fiscal 2012 capital expenditure targets previously disclosed. The new Augusta plant will be Starbucks first company-owned and -operated facility in the world to produce soluble products, such as Starbucks VIA® Ready Brew and the ingredients for Frappuccino® and Starbucks® ready-to-drink beverages. In addition to building the new soluble plant, Starbucks will add packaging capacity at its roasting plant in South Carolina.
News For SBUX 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
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 9, 2014
13:58 EDTSBUXStarbucks, Groupon, OpenTable apps among those to integrate Apple Pay
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September 5, 2014
06:04 EDTSBUXStarbucks accelerates growth of multiple diversified store formats
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