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Stock Market & Financial Investment News

News Breaks
January 24, 2014
07:50 EDTSBUXStarbucks risk/reward remains compelling, says RW Baird
Baird believes the risk/reward for Starbucks remains compelling at current levels. The firm remains confident in its fundamentals and cites its modest shortfall as being related to weather and the compressed retail calendar and without those factors believes comps would have been above their estimates. Shares are Outperform rated with a $90 price target.
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August 15, 2014
06:39 EDTSBUXTim Hortons aims to lure customers via new coffee launch, Reuters says
Tim Hortons (THI) is looking to attract new customers and fight competitors, such as Starbucks (SBUX) and McDonald's (MCD), by revealing a new dark roast coffee blend throughout North America while possibly increasing prices to fend-off increasing expenses and rivals, according to Reuters, citing comments from Tim Hortons CEO Marc Caira. Caira said, "Looking at the coffee market, I would suggest that, given the degree of cost increases, that we are looking at prices going up sometime in 2015." Reference Link
August 12, 2014
12:34 EDTSBUXStarbucks lost some packaged coffee share, says Wells Fargo
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