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.
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.
By Christopher Grosvenor, CMT:In this article, I take a look at Starbucks Corporation (SBUX), a specialty eatery. We'll examine the industry, valuations, the financial performance and position to determine what investors should do with the common equity shares of Starbucks.
Renaissance Capital IPO Research submits:
As fears over the European debt crisis dominated the broader markets this week, IPOs also saw a pullback in deals with only two IPO pricings this week: private equity-backed Accretive Health (AH), which offers outsourced revenue cycle management services