By Jonathan Cable and Adam RoseLONDON/BEIJING (Reuters) - China's vast factory sector contracted again this month and the expected acceleration in euro zone business activity failed to materialize, highlighting the fragile state of a global economy.
At various times since the dark days of 2008, the Bank of Japan, Bank of England and Federal Reserve have all tried to jumpstart their economies by printing money with abandon to facilitate asset purchases of an unprecedented scale. While the jury is still out on what the long-term effects of such quantitative easing might be, the worst fears of its critics — say, for example, hyperinflation — have not come to pass while many of the arguments of its supporters have been validated.
NEW YORK — Starbucks Corp said it would restate fourth-quarter results to show an operating loss of US$2.12 billion to reflect damages related to its dispute with Kraft Foods.
Starbucks shares were down 1.8% at US$79.15 in trading before the bell on Wednesday.
An arbitrator has concluded Tuesday that Starbucks must pay US$2.76 billion to settle a dispute with Kraft over coffee distribution.
A new book offers a glimpse behind Starbucks’ massive success. Pour yourself a cup of inspired leadership, and maybe you can caffeinate your business. If you’re an entrepreneur in need of an energy jolt, odds are that you head straight to Starbucks. And if you’re looking for a jolt of business inspiration, you’d be hard pressed to beat Starbucks as a model of success. The company earned $3.6 billion in revenues during its fiscal second quarter this year—that’s a lot of beans.
ByUlfberht Capital:Executive Summary:We believe that Starbucks (SBUX) is a medium quality company with a Business Quality Score of 6 based on a scale of 1 to 10 (10 is best). Also, shares of Starbucks appear to be undervalued based on a discounted cash flow analysis. Starbucks stock would need to rise 25.5% to reach fair valve based on the closing price of $55.55/share for Starbucks shares on 02-14-2013.
It's your friend's birthday! Want to buy them a Starbucks card? That's the latest way Facebook is trying to get users, used to posting simple, free birthday wishes on friends' walls, to spend money instead.