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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.
News For TEA;SBUX From The Last 14 Days
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October 16, 2014
15:11 EDTSBUXStarbucks confirms plans to roll out mobile ordering in U.S. in 2015
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08:06 EDTSBUXAlmunia says political pressure around Google case 'unprecented,' WSJ reports
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October 15, 2014
07:55 EDTSBUXStarbucks checks refute bear case, says Bernstein
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