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Starbucks News (NASDAQ:SBUX)

DateTimeSource
Headline
08/03/20165:40PMDJNSquare's Revenue Climbs 41%
Square Inc. posted a better-than-expected 41% jump in revenue during its second quarter, narrowing its loss from a year ago, helped by sharp growth in transaction revenue. The company also raised annual guidance for adjusted revenue and adjusted earnings before interest, taxes, depreciation and amortization. Square did... More...>>
07/28/20164:10PMDJNFremar Joins Starbucks From Under Armour, Will Be Executive Creative Director -Advertising Age
Leanne Fremar, who was a senior vice president at Under Armour Inc. (UA), has joined Starbucks Corp. (SBUX) as senior vice president - executive creative director, Advertising Age reported Thursday. Ms. Fremar's role will include leading the coffee chain's in-house creative studio in Seattle, the report said... More...>>
07/26/20163:04AMDJNStarbucks Shifts Executive Roles -- WSJ
CEO Schultz moves his focus to company's long-term strategy and innovation By Julie Jargon Starbucks Corp. said Monday it was reorganizing the roles of its senior leaders, a week after the coffee giant said it had a sales-target miss for the third consecutive quarter. Chief Executive Howard Schultz said he was shifting... More...>>
07/25/20163:10PMDJNStarbucks Is Shifting Roles of Senior Management
Starbucks Corp. said Monday it was reorganizing the roles of its senior leaders, a week after the coffee giant said it had a sales-target miss for its third consecutive quarter. Chief Executive Howard Schultz said he is shifting his focus to the company's long-term strategy and innovation efforts. Previously, he was... More...>>
07/25/20162:59PMDJNStarbucks Is Shifting Roles of Senior Management
By Julie Jargon Starbucks Corp. said Monday it was reorganizing the roles of its senior leaders, a week after the coffee giant said it had a sales-target miss for its third consecutive quarter. Chief Executive Howard Schultz said he is shifting his focus to the company's long-term strategy and innovation efforts... More...>>
07/22/20163:03AMDJNStarbucks Cuts Sales Forecast -- WSJ
By Maria Armental Starbucks Corp. on Thursday blamed political and social unrest at home and abroad for disappointing results in Europe and the U.S. that resulted in its third consecutive sales-target miss. Company executives called the quarter an "anomaly," citing terror concerns around the world along with... More...>>
07/21/20169:31PMDJNStarbucks Blames Social Unrest After It Misses Third Straight Sales Target -- Update
By Maria Armental Starbucks Corp. on Thursday blamed political and social unrest at home and abroad for disappointing results in Europe and the U.S. that resulted in its third consecutive sales-target miss. Company executives called the quarter an "anomaly," citing terror concerns around the world along with... More...>>
07/21/20165:30PMDJNStarbucks Adjusts Sales Targets After Third Straight Miss
Starbucks Corp. on Thursday revised its projections for the year as sales in the June quarter again fell short of expectations, dragged down by its European operations. Shares, down 4% this year, fell 3% to $55.80 in after-hours trading. The Seattle-based coffeehouse chain, which has missed analysts' sales targets... More...>>
07/21/20165:08PMDJNStarbucks Adjusts Sales Targets After Third Straight Miss
By Maria Armental Starbucks Corp. on Thursday revised its projections for the year as sales in the June quarter again fell short of expectations, dragged down by its European operations. Shares, down 4% this year, fell 3% to $55.80 in after-hours trading. The Seattle-based coffeehouse chain, which has missed analysts'... More...>>
07/21/20164:04PMBWStarbucks Reports Record Q3 Financial and Operating Results
GAAP EPS Up 24% to a Q3 Record $0.51 Per Share; Non-GAAP EPS Up 17% to a Record $0.49 Per Share Comparable Store Sales Rise 7% in China, 4% in the U.S. and 4% Globally Revenues Up 7% to Q3 Record $5.2 Billion; Operating Income Up 9% to a Q3 Record $1.0 Billion Channel Development Revenues Increase 9%; Operating Income... More...>>
07/18/20165:06PMDJNStarbucks Widens Workers' Health-Insurance Options -- Update
By Julie Jargon and Anna Wilde Mathews Starbucks Corp. on Monday became one of the most high-profile employers to switch its employees to a private health insurance exchange. Instead of the one health insurer and three medical coverage levels they have now, U.S. employees -- from Chief Executive Howard Schultz to store... More...>>
07/18/201611:40AMDJNStarbucks Widens Workers' Health-Insurance Options
Starbucks Corp. said it would be offering employees new health-insurance choices as part of an effort to make the coffee chain a more attractive employer. The company on Monday is expected to announce details of a plan to offer U.S. employees who work 20 hours or more a week the chance to shop for health insurance on a... More...>>
07/18/201611:29AMDJNStarbucks Widens Workers' Health-Insurance Options
By Julie Jargon and Anna Wilde Mathews Starbucks Corp. said it would be offering employees new health-insurance choices as part of an effort to make the coffee chain a more attractive employer. The company on Monday is expected to announce details of a plan to offer U.S. employees who work 20 hours or more a week the chance... More...>>
07/14/20163:01AMBWStarbucks Bringing Leading Italian Artisan Bakery and Food Purveyor Princi to Customers Worldwide
Princi to become the exclusive food offering in all new Starbucks Roastery locations including Shanghai and New York; will be fully integrated into all new Starbucks Reserve-only stores starting in 2017 Starbucks joins global investment team, Milan-based Angel Lab and Pekepan Investments, to expand footprint of standalone... More...>>
07/13/20169:10PMDJNCravath, Swaine & Moore Names Faiza Saeed as Presiding Partner
Venerable New York law firm Cravath, Swaine & Moore LLP is shifting the ranks of its senior leadership, installing a woman in its top position for the first time in its nearly 200-year history. Cravath's partners on Wednesday elected top deal maker Faiza Saeed as the firm's new presiding partner. Ms. Saeed... More...>>
07/13/20166:30PMDJNStarbucks Invests in High-End Italian Bakery Princi
Starbucks Corp. is partnering with a luxury Italian bakery in an effort to move more upscale. The coffee giant has made an investment in high-end Italian bakery and pizzeria Princi that allows it to develop and operate all new Princi locations outside of Italy, including in the U.S., and to offer Princi baked goods in... More...>>
07/13/20166:07PMDJNStarbucks Invests in High-End Italian Bakery Princi
By Julie Jargon Starbucks Corp. is partnering with a luxury Italian bakery in an effort to move more upscale. The coffee giant has made an investment in high-end Italian bakery and pizzeria Princi that allows it to develop and operate all new Princi locations outside of Italy, including in the U.S., and to offer Princi... More...>>
07/12/20163:20PMDJNStarbucks Raises Prices on Some Drinks -- Update
By Joshua Jamerson Starbucks Corp. said Tuesday that customers at many of its U.S. stores will pay as much as 30 cents more for certain beverages as prices for raw coffee have climbed amid rising operating expenses. Starbucks customers will pay 10 cents to 20 cents more for certain sizes of brewed coffee, and 10 cents... More...>>
07/12/20168:30AMDJNCEO Dimon: J.P. Morgan to Raise Pay for Employees
J.P. Morgan Chase & Co. will boost pay for 18,000 of its lower-tier employees over the next three years, its chief executive, James Dimon, announced Tuesday in an op-ed appearing on the New York Times website. Mr. Dimon said the bank will raise minimum pay for affected employees to between $12 to $16.50 an hour, the... More...>>
07/12/20167:50AMDJNStarbucks Raises Prices on Some Drinks
Starbucks Corp. said Tuesday that customers at many of its U.S. stores will pay as much as 30 cents more for certain beverages, causing the average customer ticket to increase by about 1%. Starbucks customers will pay 10 cents to 20 cents more for certain sizes of brewed coffee, and 10 cents to 30 cents more on espresso... More...>>
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