The "Mad Money" host explains why investor may want to take a bite of this deal.
Today, Goldman Sachs downgraded Starbucks to neutral from buy. The firm observed "choppiness" in recent consumer metrics. There’s also been a drop in restaurant demand from a second-quarter consumer survey.
Cramer said these hyper-caffeinated stocks are so hot, they're scalding. Get his top trades.
The Coffee Bean & Tea Leaf, owned by Singapore's Sassoon brothers, is ready to take a big leap in China. The global gourmet coffee chain, run by brother-in-law and CEO Mel Elias, tells CNBC's Christine Tan on Managing Asia that it wants to brew up a storm in other Tier 1 & 2 cities.
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.
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.
President Barack Obama "essentially fired" Fed Chairman Ben Bernanke in televised remarks this week, former Federal Reserve Governor Laurence Meyer says.
Tuesday, 18 Jun 2013 | 6:00 PM ETHow to approach the Fed's monetary decision, with Mad Money host Jim Cramer.
Tuesday, 18 Jun 2013 | 12:01 PM ETThe Federal Reserve won't change course on quantitative easing this week, Steve Weiss of Short Hills Capital says.