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Stock Market & Financial Investment News

News Breaks
December 17, 2012
12:29 EDTSBUX, SOHU, COH, SINA, YUM, BIDUUBS: Chinese economy may surge in 2013, China Daily reports
The Chinese government will probably use 7%-7.5% as a "working GDP target" for next year, but the country's GDP growth could actually reach 8% next year, UBS wrote in a research note, according to China Daily. Reference Link
News For SINA;SOHU;BIDU;COH;SBUX;YUM From The Last 14 Days
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December 8, 2014
07:52 EDTSBUXStarbucks price target raised to $97 from $88 at Jefferies
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06:47 EDTSBUXStarbucks coverage resumed with a Conviction Buy at Goldman
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06:46 EDTYUMYum! Brands coverage resumed with a Sell at Goldman
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December 5, 2014
16:52 EDTSBUXDow just below 18K as market finishes week with gains
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12:13 EDTSBUXStarbucks hits 52-week high after analysts applaud five-year plan
Shares of Starbucks (SBUX) are climbing after a number of analysts were upbeat about the company's long-term guidance, which it announced yesterday. WHAT'S NEW: After Starbucks yesterday estimated that its revenue would approach $30B in fiscal 2019, up from $16B in fiscal 2014, research firm Piper Jaffray analyst Nicole Regan wrote in a note to investors today that the stock could more than double within four years. The depth and breadth of the plan that Starbucks unveiled yesterday in conjunction with its guidance is "particularly impressive," she contended. Regan was upbeat about the company's plans to double its U.S. food business, launch new technology initiatives, and significantly grow its store count. Following Starbucks' update, the analyst has increased confidence about its ability to generate continued top-line momentum. Regan now believes her previous forecast for the stock to double within five years could be conservative. The analyst reiterated a $100 price target and Overweight rating on the shares. Meanwhile, JPMorgan analyst John Ivankoe was impressed by the company's store expansion plans, sales driving initiatives, and margin enhancing measures, he wrote in a note to investors today. The company looks poised to increase its profits 15%-20% through 2016, and arguably through 2019 as well, Ivankoe stated. Starbucks is a classic, long-term core growth stock, added the analyst, who raised his price target on the name to $89 from $82 and kept an Overweight rating on the shares. PRICE ACTION: In early afternoon trading, Starbucks gained nearly 3% to $83.58. Earlier, the stock set a new 52-week high of $83.92.
09:36 EDTBIDUActive equity options trading
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07:32 EDTSBUXStarbucks price target raised to $89 from $82 at JPMorgan
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06:53 EDTSBUXPiper sees Starbucks shares doubling within four years
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December 4, 2014
14:29 EDTSBUXStarbucks CFO says has never missed guidance as a result of coffee prices
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14:28 EDTSBUXStarbucks CFO reaffirms FY SSS growth mid single digits
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12:27 EDTSBUXStarbucks exploring two different delivery models to launch mid-to-late 2015
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12:24 EDTSBUXStarbucks sees mobile ordering driving MSR memberships
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12:18 EDTSBUXStarbucks sees 'mobile ordering' driving transactions
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12:16 EDTSBUXStarbucks says has the neccessary attributes to create new mobile payment system
12:14 EDTSBUXStarbucks says use of mobile app grew approximately 50% in 2014
12:05 EDTSBUXStarbucks to make aggressive push in tea business
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11:06 EDTSBUXStarbucks announces launch of Mobile Order & Pay
Reports 8M loyalty customers, 7M mobile transactions per week. Reports more than $4B loaded onto prepaid Starbucks Cards in North America in the last year. Starbucks announced the launch of “Mobile Order & Pay” and plans for food and beverage delivery. Mobile Order & Pay will allow customers to place orders in advance of their visit, and to pick up their ready order at their preferred Starbucks store – improving speed of service, enhancing customer loyalty and the customer experience, streamlining store operations and further extending Starbucks leadership position in mobile commerce and customer loyalty. The Portland launch will be followed by a national rollout of Mobile Order & Pay in 2015.
11:04 EDTSBUXStarbucks plans to double store count in China to 3000 stores by 2019
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11:03 EDTSBUXStarbucks projects revenue to approach $30B in FY19, up from $16B in FY14
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09:37 EDTBIDUActive equity options trading
Active equity options trading according to Track Data: AAPL ALTR P BIDU AMZN TSLA X NFLX TWTR WMT
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