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Stock Market & Financial Investment News

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March 19, 2014
09:56 EDTSBUXStarbucks CEO says dairy prices a bigger issue than coffee prices
Starbucks CEO Howard Schultz said on CNBC that dairy prices are a bigger issue than coffee prices. He said the market has "overreacted" and "misread" the rise in the price of coffee's impact on the company. Schultz said Starbucks may have to raise its grocery prices but does not plan on raising prices at its stores.
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