Former NBA star Vin Baker is now training to manage a Starbucks franchise in Rhode Island, the Providence Journal reports.» Read More
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Starbucks, the world's largest coffee chain, got a shot in the arm this week, reporting a 20% rise in second quarter profits. However, higher commodity costs are expected to take a bite out of earnings in 2011. New York coffee prices hit a 34-year high of $3/pound on Thursday. CNBC's Christine Tan caught up with the billionaire founder and CEO Howard Schultz in Shanghai for his take on rising coffee prices.
Stocks closed at new highs for yet another session despite mixed economic news and a varied batch of earnings reports, putting all three major indices on track for the best April since 2009.
Stocks continued to gain before the market closed Thursday although many tech stocks slipped after mixed earnings reports and ahead of Microsoft's results, which will be released later today.
The coffee giant warned that rising fuel and dairy costs could take a bigger chunk out of earnings than previously expected. Yet one analyst isn't too concerned.
The ‘back of a business card’ idea is akin to the elevator pitch. You need to be able to quickly and clearly communicate your value in a way that people can easily understand you, your idea and what you want to sell, according to the author.
Starbucks stock is rising today after last night's earnings release, but will soaring coffee prices take it's toll next year? Nicole Miller Regan, Piper Jaffray senior analyst weighs in.
Stocks traded mixed after news that pending home sales rose 5.1 percent, and a slew of companies delivered a mixed batch of earnings, a day after the market hit record multi-year highs across-the-board.
Stock index futures fell slightly ahead of the open on Wall Street Thursday after news that the economy slowed in the first quarter, and jobless claims rose more than expected.
What follows is a roundup of corporate earnings reports for Wednesday, April 27.
Shares of Starbucks slipped in extended trade after the java giant warned that rising fuel and dairy costs will take a bigger chunk out of earnings.
The coffeehouse chain posted a profit that matched forecasts Wednesday, though the company edged Wall Street's sales expectations. However, the firm's full-year outlook disappointed analysts.
"We are 12 percent away from the all-time record highs, so now is a great time to focus and rethink strategies and be mindful of risk,” said Bill Spiropoulos, CEO of CoreStates Capital Advisors.
The Fed extravaganza in focus, accompanied by an entourage of earnings. In total, a tradable treasure trove Wednesday. Here's what we're watching…
Many agricultural commodities have seen enormous price increases in the last year. Weather is certainly a factor, but some say man-made forces are also at work.
Stocks ended higher as investors took heart from strong economic news and shrugged off disappointing quarterly results ahead of a big week of earnings. Merck and DuPont led the Dow higher, while BofA fell.
Stocks lost a little steam in the final hour of trading as technology companies slid, although investors remained encouraged by several upbeat economic report. Merck and DuPont gained, while BofA fell.
Apple, Corning and Starbucks are three of the companies that have managed to continue innovating, increase sales and please shareholders, two analysts told CNBC Friday.
A look at mature companies that are still nimble enough to act like start-ups, with Brent Wilsey, Wilsey Asset Management, and Joshua Brown, Fusion Analytics.
As the Maloof brothers contemplate moving the Kings franchise out of Sacramento and into Anaheim, would they be better off considering other cities as possible NBA destinations?