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Restaurant earnings marked by slow sales, cost cuts

Nation's Restaurant News | 16 hours 21 minutes ago

(Nov. 5, 2009) Third-quarter earnings results continued to showcase both bottom-line improvements driven by cost cutting, as well as stalled sales driven by consumers reluctance to start spending.... (more)


US HOT STOCKS: GE, AIG, Sunoco, Starbucks, Fannie Mae

Wall Street Journal, The | 19 hours 37 minutes ago

U.S. stocks traded higher Friday as the Dow Jones Industrial Average rose 4 points to 10009, the S&P 500 climbed 1 point to 1068 and the Nasdaq Composite gained 4 points to 2109. Among the companies whose shares are actively trading in the session are General Electric Co. (GE), American International Group Inc. (AIG) and Sunoco Inc. (SUN).... (more)


US HOT STOCKS: Starbucks, Hansen Natural, Fannie Mae

Wall Street Journal, The | 23 hours 40 minutes ago

U.S. stocks climbed Friday as the Dow Jones Industrial Average rose 25 points to 10030, the S&P 500 gained 3... (more)


Starbucks earnings jump after cost cuts

American City Business Journals | 1 day 30 minutes ago

Starbucks Corp. reported fourth-quarter earnings of $150 million, up significantly from earnings of $5.... (more)


Unemployment rate hits 10.2% in October - MarketWatch

MarketWatch | 1 day 1 hour 34 minutes ago

The U.S. unemployment rate climbs to 10.2% in October, topping the 10% mark for the first time in 26 years, the Labor Department reports. See full story.... (more)


Seattle's Best inks deal with Subway

Forbes | 1 day 1 hour 39 minutes ago

SEATTLE -- Starbucks Corp. will serve its Seattle's Best coffee at thousands of Subway locations, the gourmet coffee chain said Friday, more than doubling the number of locations where the drinks are served.... (more)


U.S. Stock-Index Futures Little Changed Before Job Report; Starbucks Gains

Bloomberg | 1 day 3 hours 42 minutes ago

Starbucks Corp., the world's largest coffee-shop operator, and Nvidia Corp. jumped at least 4.4 percent as the companies reported earnings that surpassed estimates. Crocs Inc. slid 8.6 percent after forecasting a wider fourth-quarter loss than analysts projected.... (more)


Business briefs:

Monterey County Herald (Calif.), The | 1 day 5 hours 43 minutes ago

CHICAGO More people, more bucks at Starbucks More people are visiting Starbucks Corp. coffee shops this year than last, and they're spending more money when they do, a Starbucks executive said Thursday.... (more)


Starbucks raises outlook as turnaround signs mount

Reuters | 1 day 10 hours 28 minutes ago

LOS ANGELES (Reuters) - Starbucks Corp (SBUX.O) raised its financial forecasts for 2010 in the latest sign a year-long turnaround effort is boosting margins and putting it back on track for growth, sending shares up almost 4 percent.... (more)


Starbucks beats view, raises targets

Reuters | 1 day 10 hours 29 minutes ago

LOS ANGELES (Reuters) - Starbucks Corp (SBUX.O) raised its financial forecasts for 2010 in the latest sign a year-long turnaround effort is boosting margins and putting it back on track for growth, sending shares up 4 percent.... (more)




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