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Stock Market & Financial Investment News

News Breaks
August 12, 2014
12:34 EDTSBUXStarbucks lost some packaged coffee share, says Wells Fargo
Wells Fargo says in the four weeks ending August 2, Starbucks share of brand packaged coffee fell to 5.1% from 5.3% last period and 5.5% last year. Wells says Starbucks lost some packaged coffee share as price increases were instituted, but adds the company's overall sales growth remained solid at up 9.5%. The firm has an Outperform rating on the stock.
News For SBUX From The Last 14 Days
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November 20, 2014
11:58 EDTSBUXKeurig Green Mountain sinks after Q1 outlook disappoints, CFO reports departure
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November 14, 2014
06:16 EDTSBUXEU says Starbucks tax deal in Netherlands may be illegal state aid, WSJ says
The European Union said the tax deal struck by Starbucks (SBUX) in the Netherlands amounts to illegal state aid, reports the Wall Street Journal. European Commission regulators said it reached a preliminary view that the tax deal violated guidelines produced by the Organization for Economic Cooperation and Development. It said the tax deal "tolerates questionable adjustments which allow Starbucks Manufacturing BV to lower the resulting corporate income tax basis in the Netherlands." The EU is also investigating tax arrangements of Apple (AAPL) in Ireland and Amazon (AMZN) and Fiat S.p.A. (FIATY) in Luxembourg. Reference Link

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