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Stock Market & Financial Investment News

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November 20, 2012
09:50 EDTSBUX, TEAIndependent lab tests indicate Teavana teas contain pesticides, says Glaucus
Glaucus Research sent thirteen of Teavana's (TEA) most popular teas to an accredited lab in Germany for testing. The results indicate Teavana's teas contain pesticides in the amounts that exceed U.S. and EU regulatory limits. Glaucus believes Starbucks (SBUX) is buying a "massive liability" in Teavana given the Federal Trade Act and state consumer protection laws prohibit deceptive marketing and notes Teavana markets its teas as either "Organic" or "European Organic." The firm believes Starbucks has been deceived by Teavana's statements and will eventually walk away from the transaction. Glaucus rates Teavana a Strong Sell.
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August 15, 2014
06:39 EDTSBUXTim Hortons aims to lure customers via new coffee launch, Reuters says
Tim Hortons (THI) is looking to attract new customers and fight competitors, such as Starbucks (SBUX) and McDonald's (MCD), by revealing a new dark roast coffee blend throughout North America while possibly increasing prices to fend-off increasing expenses and rivals, according to Reuters, citing comments from Tim Hortons CEO Marc Caira. Caira said, "Looking at the coffee market, I would suggest that, given the degree of cost increases, that we are looking at prices going up sometime in 2015." Reference Link

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