News Breaks |
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| December 17, 2012 |
| 12:29 EDT |  | SINA, SOHU, BIDU, COH, SBUX, YUM | UBS: 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 |
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News For SINA;SOHU;BIDU;COH;SBUX;YUM From The Last 14 Days Check below for free stories on SINA;SOHU;BIDU;COH;SBUX;YUM the last two weeks. |
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| 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. |
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| 09:17 EDT |  | BIDU | Baidu 3.3M share Block Trade priced at $96.00
Morgan Stanley acted as sole book running manager for the offering. |
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| 09:02 EDT | | SBUX | Starbucks to roll-out calorie info on menus nationwide
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| June 17, 2013 |
| 11:47 EDT |  | COH | Coach mentioned cautiously at Lazard Capital
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| 07:23 EDT |  | SBUX, YUM | Jefferies to host a conference
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| June 12, 2013 |
| 09:39 EDT |  | BIDU | Active equity option families trading
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| 09:17 EDT | | YUM | Yum! Brands visibility remains limited, says Goldman
Goldman said Yum reported inline May CHina same-store-sales of down 19% but visibility into recovery timing remains limited. The firm remains Neutral rated given risk to Q4 estimates and valuation. |
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| 09:07 EDT | | YUM | On The Fly: Pre-market Movers
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| 07:13 EDT | | YUM | Yum! Brands China SSS fall slightly below expectations, says UBS
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| June 11, 2013 |
| 18:50 EDT | | YUM | On The Fly: After Hours Movers
UP AFTER EARNINGS: Ulta Salon (ULTA), up 9.5%. ALSO HIGHER: Rambus (RMBS), up 8.2% after announcing a patent license agreement that will pay the company $12M per quarter for the next five years. LOWER: Celsion (CLSN), down 22.6% after a Seeking Alpha contributor said the company's Phase III ThermoDox trial was a "total disaster" and that the stock could have 50% downside... Yum! Brands (YUM), down 1.7% after saying it sees Q2 China division same-store sales down 20%... First Solar (FSLR), down 7.1% after filing to sell 8.5M shares of common stock... Icahn Enterprises (IEP), down 5.1% after announcing an offering of depositary units representing limited partner interests. |
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| 16:46 EDT | | YUM | Yum! Brands sees China KFC SSS positive in Q4
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| 16:36 EDT | | YUM | Yum! Brands sees Q2 China division SSS down 20%
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| 16:33 EDT | | YUM | Yum! Brands says China SSS down 19% in May
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| June 10, 2013 |
| 09:39 EDT | | BIDU | Active equity option families trading on open
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| June 7, 2013 |
| 12:57 EDT |  | YUM | On The Fly: Midday Wrap
The Wall Street averages were all up about 1% near midday after the monthly jobs report beat forecasts. ECONOMIC EVENTS: In the U.S., the Labor Department reported employers added 175K jobs in May, beating expectations for 163K added jobs. The unemployment rate rose slightly to 7.6% in May from 7.5% in April, with the uptick attributed to more people entering the workforce. COMPANY NEWS: TiVo (TIVO) confirmed it had settled a patent lawsuit with Google's (GOOG) Motorola unit, Cisco (CSCO) and Time Warner Cable (TWC), as reported by media outlets yesterday. The company also doubled its stock buyback authorization, but TiVo shares, which had been higher yesterday on the initial reports, fell over 17% as the amount of money the company received in the deal fell short of analyst expectations. MAJOR MOVERS: Among the notable gainers were JinkoSolar (JKS) and Thor Industries (THO), which both gained over 10% following their earnings reports. Also higher were shares of Yum! Brands (YUM), which rose nearly 3% after UBS upgraded the stock to Buy. Among the losers were a number of companies that had hoped to convert to real estate investment trusts after the IRS formed a group to study issues relating to REIT conversions. Notably, Iron Mountain (IRM) fell almost 16%, Copart (CPRT) dropped over 6%, and Equinix (EQIX) slid over 5%. INDICES: Near 1 pm ET, the Dow was up 168.95, or 1.12%, to 15,209.57; the Nasdaq was up 35.12, or 1.03%, to 3,459.17; and the S&P 500 was up 15.41, or 0.95%, to 1,637.97. |
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| 11:57 EDT |  | YUM | Yum! Brands moves higher, potential bullish pattern
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| 11:51 EDT | | YUM | Yum! Brands advances after UBS ups rating to Buy
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| 10:11 EDT |  | YUM | On The Fly: Analyst Upgrade Summary
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| 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. |
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| 09:12 EDT | | SOHU | Alibaba rumored to buy Sohu search unit Sogou, Marbridge says
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