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Stock Market & Financial Investment News

News Breaks
November 28, 2012
10:48 EDTTEA, SBUXTeavana down 1% after Glaucus reiterates Strong Sell rating
Short selling research firm Glaucus issued a second report on Teavana (TEA) this morning where the firm reiterated its Strong Sell rating on the stock. Glaucus Research explained in greater detail the independent laboratory tests it used to show that Teavana’s teas contain pesticides in amounts that exceed U.S. and EU regulatory limits. The firm argues Teavana deceived Starbucks (SBUX), the company's prospective acquirer. Teavana shares are down 1.2%, or 18c, to $14.70 in mid-morning trading. Reference Link
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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