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Stock Market & Financial Investment News

News Breaks
November 28, 2012
10:48 EDTSBUX, TEATeavana 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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December 22, 2014
16:49 EDTSBUXStarbucks to no longer use Square for mobile payments, WSJ says
Starbucks' partnership with Square for use in mobile device payments has ended, reports the Wall Street Journal. Square’s Wallet app stopped working at Starbucks locations last week and Starbucks will not accept payments from Square's new app, the Journal adds. Reference Link
December 17, 2014
09:00 EDTSBUXEU expanding 'sweetheart' tax probe, WSJ reports
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December 8, 2014
07:52 EDTSBUXStarbucks price target raised to $97 from $88 at Jefferies
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06:47 EDTSBUXStarbucks coverage resumed with a Conviction Buy at Goldman
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