Starbucks Corp
Several restaurant CEOs have joined the Great Resignation. Here are 6 chains with new leaders
Restaurant CEOs are the latest wave of workers to join the Great Resignation. In the last six months, six chief executives of publicly traded restaurant companies have announced plans to step down, either to retire or to move on to a new corporate challenge. Their announcements came after a tumultuous two years for the restaurant […]
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Starbucks is reportedly weighing better benefits for nonunion workers
Starbucks Chairman and CEO Howard Schultz speaks at the Annual Meeting of Shareholders in Seattle, Washington on March 22, 2017. Jason Redmond | AFP | Getty Images Starbucks’ campaign to dissuade baristas from unionizing could include extending new benefits exclusively to nonunion workers, The Wall Street Journal reported Wednesday. The company’s CEO, Howard Schultz, told […]
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Citi downgrades Starbucks, says investors should wait for more clarity on CEO plan
Starbucks CEO Kevin Johnson retired in March, and Howard Schultz returned to lead the company in a temporary role. Source
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Starbucks CEO Howard Schultz says he’s not anti-union, but his past tells a different story
A pro-union poster is seen on a lamp pole outside Starbucks’ Broadway and Denny location in Seattle’s Seattle’s Capitol Hill neighborhood on March 22, 2022. Toby Scott | Sopa Images | Lightrocket | Getty Images Howard Schultz’s first week back at the helm of Starbucks ended with seven more company-owned cafes unionizing, bringing the total […]
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Stocks making the biggest moves midday: Twitter, Carnival, First Solar and more
Carnival Cruise Line’s Carnival Ecstacy cruise ship is docked at the Port of Jacksonville amid the Coronavirus outbreak on March 27, 2020 in Jacksonville, Florida. Sam Greenwood | Getty Images Here are the companies making headlines in midday trading. Twitter — Shares of the social media company rallied more than 3% after Twitter announced that […]
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Wedbush downgrades Starbucks after share repurchases suspension, citing lack of catalysts
Wedbush on Tuesday downgraded shares of Starbucks, citing a lack of new developments that could push the stock higher. Source
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Stocks making the biggest moves midday: Twitter, Starbucks, Tesla and more
Andrew Burton | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Twitter — The social media company soared 26.6% after a filing revealed that Elon Musk has taken a 9.2% passive stake in the firm, worth about $2.9 billion. The purchase came weeks after the Tesla CEO polled […]
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Why Starbucks shareholders are taking the buyback suspension so hard
The coffee giant is one of the few companies that has aggressively bought back stock and succeeded in reducing their share count over the years Source
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Starbucks stock falls as interim CEO Howard Schultz suspends share buybacks
Howard Schultz, Chairman of Starbucks at the grand opening of the Starbucks Reserve Roastery in Shanghai, China on Dec. 5th, 2017. Justin Solomon | CNBC Howard Schultz’s first day back at the helm of Starbucks kicked off with an announcement that the coffee chain is suspending stock buybacks to invest back into operations. Shares of […]
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5 things to know before the stock market opens Monday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street looks steady; key Treasury spreads remain inverted Traders on the floor of the NYSE, March 31, 2022. Source: NYSE U.S. stock futures were mixed Monday, with the tech-heavy Nasdaq looking modestly higher. Twitter shares soared […]
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