PREMARKET ALERT: Starbucks (SBUX)
Starbucks Corp. (Nasdaq: SBUX) shares rose 9 percent to $16.04 in early premarket trading of more than 21,000 shares. The coffee chain last night posted better-than-expected fiscal Q3 results and fiscal 2009 guidance. The company posted Q3 EPS of 24 cents a share, ex items, or 5 cents above analyst consensus. Revenue fell nearly 7 percent [...]
Volume Alert: Starbucks (SBUX)
Starbucks Corp. (Nasdaq: SBUX) shares are down roughly 4% as of 10:15 a.m. Eastern, trading roughly a third of its aveage daily volume in the first 45 minutes of trading. The stock appears to be cooling following the release of industry data from NPD Group that showed gourmet coffee and tea sales fell 12.6% from year-ago [...]
Starbucks leads stocks percolating on analyst actions (SBUX, ETFC)
Starbucks Corp. (Nasdaq: SBUX) shares are up about 2% on fairly strong premarket volumes after analysts at Robert Baird upgraded the shares to an Outperform rating, raising their price target to $17 from $15. Analysts noted that industry traffic has improved over the past three months and that the company continues to make cost cuts.
E-Trade [...]
Major Stocks Heading Under $10 (AEO, BCS, C, GLW, DRYS, IPAR, IPCS, LULU, LTD, OMTR, RSH, RGS, SCOR, LUV, SBUX, WFMI)
We have been amazed at how many stocks have been cut in half or more, but there is a new list for the wall of shame today. We broke down 16 major household names into two lists so that it would not just go on and on, but here are the links to the full [...]
After-Hours Volume Surge: Starbucks (SBUX)
Starbucks Corp. (NASDAQ: SBUX) is seeing a surge in after-hours trading volume. Shares closed down 0.76% at $15.62 in normal trading today, but we are seeing shares actually trade higher by 3% at $16.14. As of 4:32 PM EST we have seen some Shares had been briefly been halted for news that the company [...]
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