Page 3 - Howardd Schultz News Today

Empty stores and unused red cups: A look at the Starbucks strikes.

The possibility of an economic slowdown has been a hot topic during the latest batch of quarterly earnings conference calls.

The coffee giant intends to speed up drink-making and open thousands of additional locations in China over the next three years.

Laxman Narasimhan most recently led Reckitt Benckiser, where he was tasked with turning around the consumer products conglomerate.

Laxman Narasimhan, who will take over for Howard Schultz in April, will lead the company at a time of a growing unionization movement and rising costs.

The National Labor Relations Board is seeking compensation for workers whom it said the company had shortchanged.

Starbucks (NASDAQ:SBUX – Get Rating)‘s stock had its “neutral” rating restated by Robert W. Baird in a report issued on Thursday, Marketbeat.com reports. They presently have a $83.00 price objective on the coffee company’s stock. Robert W. Baird’s price objective would suggest a potential downside of 3.18% from the company’s current price. A number of […]

Creative Financial Designs Inc. ADV lifted its position in Starbucks Co. (NASDAQ:SBUX – Get Rating) by 23.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,808 shares of the coffee company’s stock after acquiring an additional 348 shares during the period. Creative […]

Coastal Investment Advisors Inc. lessened its holdings in Starbucks Co. (NASDAQ:SBUX – Get Rating) by 7.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,362 shares of the coffee company’s stock after selling 426 shares during the quarter. […]

First American Trust FSB decreased its position in shares of Starbucks Co. (NASDAQ:SBUX – Get Rating) by 18.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,622 shares of the coffee company’s stock after selling 592 shares during […]