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On the day that coffee giant Starbucks announced the partnership with single-serve provider Green Mountain, Starbucks CEO and chairman Howard Schultz, stopped short of saying how much investors could expect from the arrangement, but called it a “major opportunity,” whose economics would be accreted next year.
Stocks closed near session lows, and below psychologiclaly important levels, as global worries triggered by European sovereign debt and a slowing in Chinese growth escalated after news of violence against protesters in Saudia Arabia. Caterpillar and Exxon led decliners, while McDonald's rose.
What follows is a look at stocks in the S&P 500 displaying unusual volume in today's trading session.
Now that Starbucks has agreed to use Green Mountain’s Keurig system for its push into single-serve, giving the stocks of both a caffeinated jolt, there are a few key points to consider.
US stock index futures extended moved even lower after the government released disappointing news on trade data and jobless claims.
Changes linked to global warming have contributed to a shortage of the beans used in specialty coffees, the New York Times reports.
Stocks closed down, although off the lows of the day, as tech stocks dragged down the market amid high oil prices and continued turmoil in the Middle East. Alcoa and Intel sank, while McDonald's gained.
Stocks eased losses in the final hour of trading, although remained lower, as tech stocks fell particularly hard amid high oil prices and continued turmoil in the Middle East. Alcoa and Intel fell, while 3M rose.
Stocks extended losses amid volatility in oil prices, and as technology stocks slumped. Disney and Alcoa fell, while Exxon rose.
U.S. stock index futures pointed to a slightly higher open for Wall Street Monday, despite surging crude oil prices and a volatile-early morning trading session in Europe.
Washington Post columnist John Pomfret argues the recent test flight of the J-20 stealth fighter just hours before U.S. Defense Secretary Robert M. Gates met with Chinese President Hu Jintao was a blunt challenge by the military establishment to Hu's power. Pomfret surmises there is chaos within China's political circles because it appeared to Gates that Hu did not know of the test. Pomfret's hypothesis would certainly be a scary if true.
After talking to analysts and industry insiders, it’s clear the true potential impact of rising food costs on the bottom line and the prospects of unexpectedly higher gas prices on the top line have not yet been fully factored into the stocks.
Beijing’s push for innovation have encouraged the rise of domestic players, arguably at the expense of foreign ones. A CNBC contributor tells us what China needs to do to retain foreign investment.
For the first time in its public discussions of single-serve, Starbucks specifically mentioned Green Mountain by name in an internal memo today.
Consumer food stocks from Hershey and Kraft Foods to McDonald's and Starbucks say that rising commodity costs are eating into their bottom lines.
Stocks closed lower Tuesday, retreating from multi-year highs, led by energy and materials stocks, as investors digested a mixed bag of economic news, including disappointing retail sales in December and a spike in import prices. Exxon fell, while Verizon rose.
Stocks retreated from multi-year highs on Tuesday, led by energy and materials stocks, as investors digested a mixed bag of economic news, including disappointing retail sales in December. Exxon fell, while Verizon rose.
As Starbucks gets closer to announcing a single-serve coffee, investors are trying to figure out which company Starbucks will partner with.
Stocks ended narrowly mixed, which is how the market traded much of the session, amid light volume and little economic news. Wal-Mart fell, while Exxon Mobil rose.
Stocks turned positive in the final minutes of trading after moving in a narrow range amid very light volume for most of a session lacking in much economic news.