Stock Market & Financial Investment News

News Breaks January 27, 2013 16:51 EDT SBUX Starbucks and U.K extend tax argument, Dow Jones reports Starbucks (SBUX) and the U.K government are continuing their disagreement over corporate tax affairs after Starbucks reportedly warned it may hold off on investment in the country due to "unfair scrutiny" over its business operations, says Dow Jones. Reference Link News For SBUX From The Last 14 Days Check below for free stories on SBUX the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. June 18, 2013 12:30 EDT SBUX Starbucks CFO indicates new food products have been successful A Starbucks (SBUX) executive indicated at a conference earlier today that its new food products have been successful. Starbucks has greater confidence that its food sales will continue to trend upward after launching new food products in two markets, Starbucks CFO Troy Alstead stated at the Jefferies Global Consumer Conference. Starbucks has launched food made by La Boluange, a restaurant chain that it acquired last year, at Starbucks stores in Northern California and the Seattle area. New beverages and an increased number of Starbucks drive-through stores can also improve the company's performance going forward, Alstead said. The Teavana brand that Starbucks acquired leaves the company poised to capitalize on "tremendous opportunities around the world for a contemporary teahouse concept," the CFO added. Meanwhile, Alstead reiterated that Starbucks does not plan to compete with Green Mountain (GMCR) by focusing on selling coffee machines. "We recognize that Starbucks is not an equipment company. We don't have aspirations to become a deep equipment company," said the CFO, who also praised Green Mountain. In early afternoon trading, Starbucks rose 95c, or 1.4%, to $67, while Green Mountain fell 1% to $78.70. 09:02 EDT SBUX Starbucks to roll-out calorie info on menus nationwide Subscribe for More Information June 17, 2013 07:23 EDT SBUX Jefferies to host a conference Subscribe for More Information June 7, 2013 09:49 EDT SBUX Starbucks Q3 revenue estimate below the Street at ITG Research ITG Research initiated its Q3 Starbucks estimate at $335M, below the Street's $349M estimate. Sign up for a free trial to see the rest of the stories you've been missing.