HARLAN, Ky.— The rest of the house is just waking as Scottie Sizemore plops down in a rocking chair on his front porch with a cup of coffee. Sizemore is the fourth generation of his family to mine coal in the hills of Harlan County. A thought on many people's minds is captured in a display in the windows of a vacant furniture store up the road in the once bustling town of...» Read More
Starbucks announced a 17% increase in packaged coffee prices in their stores today, with Nicole Miller Regan, Piper Jaffray.
The Commodities Futures Trading Commission will be looking at the role of speculators in recent volatile commodities pricing, Commissioner Bart Chilton told CNBC Friday.
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.
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.
Vietnam's Son La province is benefiting from a government drive to grow more high-quality beans. The FT reports.
There's a coffee battle brewing--a look at Starbucks' lackluster performance and the approaching competition with Matthew DiFrisco, Oppenheimer & Co. analyst and Michael Farr of Farr, Miller & Washington
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.
Changes linked to global warming have contributed to a shortage of the beans used in specialty coffees, the New York Times reports.
For the first time in its public discussions of single-serve, Starbucks specifically mentioned Green Mountain by name in an internal memo today.
As Starbucks gets closer to announcing a single-serve coffee, investors are trying to figure out which company Starbucks will partner with.