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Nestlé Deal To Accelerate Starbucks Buybacks, Expand Global Market
Monday, May 7, 2018 - 8:57am | 329Read More...Starbucks Corporation (NASDAQ: SBUX) announced Monday a “global coffee alliance” with Nestlé (OTC: NSRGY) to leverage the latter’s worldwide scale. Under the new partnership, Nestlé will sell Starbucks-packaged coffee and Teavana tea in regional markets and offer the...
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Analyst Says Starbucks Earnings Were 'Good Enough But Not Great'
Friday, April 27, 2018 - 11:26am | 381Read More...Starbucks Corporation (NASDAQ: SBUX) reported its fiscal second quarter results, which were "good enough but not great," according to Morgan Stanley. The Analyst Morgan Stanley's John Glass maintains an Overweight rating on Starbucks with an unchanged $72 price target. The...
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Credit Suisse Finds Fault In Smucker's Key Brands
Monday, April 16, 2018 - 2:05pm | 369Read More...J M Smucker Co (NYSE: SJM) boasts a leadership position in some growing food categories, but Credit Suisse sees multiple reasons for investors to be concerned with the company's brands. The Analyst Credit Suisse's Robert Moskow downgraded JM Smucker's stock from Neutral to...
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Cowen Downgrades Starbucks Due In Part To Poor Sales Of Gift Cards, Craft Coffee
Friday, April 13, 2018 - 9:52am | 398Read More...Expectations for Starbucks Corporation (NASDAQ: SBUX) to show a rebound in its business has "diminished," which puts an end to the bullish case for owning the stock, according to Cowen. The Analyst Cowen's Andrew Charles downgraded Starbucks from Outperform to Market Perform with a...
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Wedbush's Firsthand Starbucks Checks Prompt Downgrade
Thursday, March 29, 2018 - 9:26am | 384Read More...The bullish case for Starbucks Corporation (NASDAQ: SBUX)'s stock was based on the company delivering same-store sales growth and upside to EPS consensus expectations. But after conducting firsthand checks, Wedbush concluded that the likelihood of both scenarios playing out has diminished....
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Starbucks CEO Talks Gender Equality, Long-Term Commitment To China
Wednesday, March 21, 2018 - 1:16pm | 441Read More...Starbucks Corporation (NASDAQ: SBUX) is hosting its annual shareholder meeting Wednesday, led for the first time by its new CEO Kevin Johnson. Gender Parity In conjunction with the annual meeting, Starbucks is announcing a 100-percent pay equity program. All employees regardless of gender or...
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Barclays: Combined Dr Pepper Snapple, Keurig Are Undervalued
Tuesday, February 6, 2018 - 2:11pm | 379Read More...Dr Pepper Snapple Group Inc. (NYSE: DPS) and privately owned Keurig Green Mountain Inc announced an $18.7-billion deal Jan. 29 to merge the two brands, with Dr Pepper Snapple shareholders receiving $103.75 per share in a special cash dividend and retaining 13 percent of the combined company. The...
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Despite Chinese Growth, Bernstein Downgrades Starbucks On Slower American Business
Monday, January 29, 2018 - 10:15am | 466Read More...Starbucks Corporation (NASDAQ: SBUX) reported fiscal first-quarter earnings last week, disappointing some Wall Street analysts due to poor performance in the North American unit, but fueling optimism in others over the company's prospects in China. The Analyst Bernstein's Sara...
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Dr. Pepper Snapple Soars 30% Amid Plans To Merge With Keurig Green Mountain
Monday, January 29, 2018 - 9:15am | 392Read More...Shares of Dr Pepper Snapple Group Inc. (NYSE: DPS) soared higher by more than 35 percent Monday morning after news of the beverage company will be acquired by coffee-maker Keurig Green Mountain. What You Need To Know Dr. Pepper Snapple and Keurig Green Mountain announced plans to combine...
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Starbucks Falls After Q1 Report: What Analysts Are Saying
Friday, January 26, 2018 - 4:11pm | 858Read More...Shares of Starbucks Corporation (NASDAQ: SBUX) were trading lower by 5 percent Friday after the coffee and food chain's fiscal first-quarter earnings report disappointed investors across multiple metrics. Perhaps most notably, same-store sales growth of 2 percent fell short of the 3-percent...
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Dunkin' Brands Is 2018's First Go-Private Rumor; Shares Benefit
Tuesday, January 2, 2018 - 2:48pm | 454Read More...Dunkin Brands Group Inc (NASDAQ: DNKN) holds the title as 2018's unofficial first subject of a go-private rumor. Germany's JAB Holding, a private investment firm that has been active in buying American coffee companies and restaurants, is looking to continue the trend in 2018. JAB's...
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Wake Up And Smell The Buy: Tigress Initiates Coverage On Starbucks
Thursday, December 28, 2017 - 10:00am | 423Read More...2017 wasn't the best for Starbucks Corporation (NASDAQ: SBUX) investors, as shares of the coffee chain are trading higher by just 3 percent for the year, but one Wall Street analyst is hopeful for 2018 and beyond. The Analyst Tigress Financial Partners' Ivan Feinseth initiated coverage of...
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Are Restaurants Safe From The Amazon Effect?
Thursday, November 30, 2017 - 1:12pm | 1147Read More...For every $1 a consumer spends online, it's $1 less that a company like Amazon.com, Inc. (NASDAQ: AMZN) collects and one less dollar spent in malls. While the immediate impact to retailers and department stores is apparent, investors aren't necessarily appreciating the negative impact to...
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JM Smucker: One Way To Play A Turnaround In Food Stocks
Monday, November 13, 2017 - 3:02pm | 411Read More...Many food stocks, especially J M Smucker Co (NYSE: SJM), have underperformed the broader market throughout 2017 for reasons including poor sales trends, slow growth prospects, changing consumer preferences and competitive issues. The Analyst Susquehanna Financial Group's Pablo Zuanic upgraded...
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Things That Stood Out In Starbucks' Q4 Report
Friday, November 3, 2017 - 8:07am | 383Read More...Analysts at Stephens continue to see the downside case for Starbucks Corporation (NASDAQ: SBUX) after the company reported fourth-quarter results. Analyst Will Slabaugh maintains an Equal-Weight rating on Starbucks' stock with an unchanged $52 price target, which implies further downside from...
















