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News Breaks | | | | March 21, 2012 | | 13:06 EDT |  | SBUX | Starbucks 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. | |
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News For SBUX From The Last 14 Days Check below for free stories on SBUX the last two weeks. |
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| May 22, 2013 | | 08:03 EDT | | SBUX | Kohl's announces Michelle Gass as Chief Customer Officer
 Subscribe for More Information | | | May 21, 2013 | | 14:50 EDT |  | SBUX | Wal-Mart among 19 large retailers to opt out of swipe fee deal, DJ reports
A group of 19 large retailers led by Wal-Mart (WMT) are opting out of a pending settlement with Visa (V) and MasterCard (MA) over swipe fees, reported Dow Jones, citing a statement from the companies. The group of merchants also includes Costco (COST), Starbucks (SBUX), Gap (GPS), Lowe's (LOW) and Nike (NKE), among others, and their announcement comes a week before a court deadline to object to and opt out of the proposed settlement, the report noted. Reference Link | | | May 13, 2013 | | 08:53 EDT |  | SBUX | Boingo Wireless price target raised to $10 from $7.50 at DA Davidson
DA Davidson increased its price target on Boingo Wireless (WIFI) as the firm expects the company to rebound in coming quarters, partly due to its new deals with Endeka and Starbucks (SBUX). The firm keeps a Buy rating on Boingo. | |
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