Starbucks Corp sees China as its next major market after the United States as a taste for coffee and robust consumer spending fuel sales in the world's most populous nation, its China chairman said on Wednesday.
SHANGHAI (Reuters) - Starbucks <SBUX.O> will see China become the company's next major market after the United States in the near future, the firm's China chairman said on Wednesday.
Monday, 23 Nov 2009 | Source: The Associated Press
Despite a likely end-of-year slowdown in fixed-income trading, Goldman Sachs will top Wall Street expectations by cutting the percentage of sales it sets aside as compensation, an analyst said.
LOS ANGELES (Reuters) - Starbucks Corp <SBUX.O> Chief Executive Howard Schultz said McDonald's Corp's <MCD.N> McCafe launch earlier this year made the cafe chain better.
Stocks rallied Monday, coming off their best weekly performance in a month, after the Group of 20 pledged to keep stimulus in place until recovery was assured.
Wall Street opens the new trading week coming off its best weekly performance in a month, with U.S. stock index futures pointing to a modestly positive opening Monday.
Stocks bounced around Friday as investors juggled a disappointing jobs report and some analyst upgrades. Still, all three major indexes were on track to post gains for the week.
Monday, 23 Nov 2009 | Source: The Associated Press
Starbucks Corp.'s cost control efforts and the likelihood of a key sales measure improving prompted an analyst to lift the coffee chain's rating and price target on Monday.
Starbucksreported a quarterly profit that outstripped analysts' forecasts, and it provided a bright earnings outlook that helped push its shares higher in extended trading.
Monday, 12 Oct 2009 | Source: The Associated Press
Carly Simon is suing Starbucks, saying the coffee company's now-defunct music venture didn't adequately promote her 2008 album, dooming the record before it was even released.