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Stock Market & Financial Investment News

News Breaks
November 14, 2012
14:26 EDTTEA, SBUXTeavana surges after report of potential Starbucks takeover
Teavana (TEA), a specialty tea retailer, spiked into positive territory following a report in the Atlanta Business Chronicle that said Starbucks (SBUX) could announce plans to acquire the company. The report, which cites a source, noted that rumors of a takeover bid from the coffee giant have circulated previously and added that an announcement of an acquisition may come from Starbucks as soon as Thursday. Shares of Teavana, which had been in negative territory for the majority of today's session, spiked higher and were up $2.75, or 27.15%, to $12.88 when shares were halted, pending news.
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September 16, 2014
13:19 EDTSBUXMcDonald's Canada to offer coffee in grocery stores, Reuters says
McDonald's (MCD) is poised to start offering its McCafe ground coffee throughout Canadian grocery stores this month in an effort to gain more customers in a country whose java market has been lead by competitors such as Tim Hortons (THI) and Starbucks (SBUX), according to Reuters, citing comments from McDonald's Canada CEO John Betts. Reference Link
September 14, 2014
13:35 EDTSBUXStarbucks shares could fall, Barron's says
Starbucks shares could fall and were placed on Hedgeye Risk Management analyst Howard Penney's best-ideas list as a short, Barron's argues in its 'The Trader' column. Reference Link
September 12, 2014
08:17 EDTSBUXStarbucks 6.2M share Block Trade priced at $75.15
BofA/Merrill acted as sole book running manager for the offering.
September 11, 2014
06:36 EDTSBUXStarbucks to sell single-origin coffees in supermarkets, WSJ reports
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September 9, 2014
13:58 EDTSBUXStarbucks, Groupon, OpenTable apps among those to integrate Apple Pay
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September 5, 2014
06:04 EDTSBUXStarbucks accelerates growth of multiple diversified store formats
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