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Starbucks Corp (SBUX.OQ)

SBUX.OQ on NASDAQ Stock Exchange Global Select Market

51.28USD
17 Jul 2018
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$0.34 (+0.67%)
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Wed, Jul 11 2018

China startup Luckin Coffee raises $200 million to propel expansion

BEIJING China's Luckin Coffee, which has been expanding aggressively and touting itself as a local rival to Starbucks Corp , said on Wednesday it raised $200 million in a fundraising round that values the on-demand coffee delivery startup at $1 billion.

UPDATE 1-China startup Luckin Coffee raises $200 mln to propel expansion

BEIJING, July 11 China's Luckin Coffee, which has been expanding aggressively and touting itself as a local rival to Starbucks Corp, said on Wednesday it raised $200 million in a fundraising round that values the on-demand coffee delivery startup at $1 billion.

Starbucks to phase out plastic straws as opposition to them grows

NEW YORK Starbucks Corp said on Monday it will begin phasing out use of plastic straws at its restaurants by 2020, giving environmentalists a sizeable victory in their campaign to convince restaurants to abandon plastic utensils. | Video

Starbucks to phase out plastic straws as opposition to them grows

NEW YORK Starbucks Corp said on Monday it will begin phasing out use of plastic straws at its restaurants by 2020, giving environmentalists a sizeable victory in their campaign to convince restaurants to abandon plastic utensils. | Video

Starbucks' departing chairman backs China prospects, hints at Jack Ma tie-up

SHANGHAI Starbucks Corp's outgoing Executive Chairman Howard Schultz said on Monday that a recent slowdown in China would be short-lived, seeking to salve investor concerns that the U.S. coffee chain is under pressure in the fast-growing market.

Starbucks to phase out plastic straws as opposition to them grows

NEW YORK, July 9 Starbucks Corp said on Monday it will begin phasing out use of plastic straws at its restaurants by 2020, giving environmentalists a sizeable victory in their campaign to convince restaurants to abandon plastic utensils.

UPDATE 1-Starbucks' departing chairman backs China prospects, hints at Jack Ma tie-up

* Hints at Alibaba tip-up to boost online delivery sales (Adds quotes, details on potential tie-up with Alibaba)

Starbucks' Schultz urges investor support despite China concerns

SHANGHAI, July 9 Starbucks Corp's outgoing Executive Chairman Howard Schultz said on Monday that a recent slowdown in China would be short-lived, seeking to salve investor concerns that the U.S. coffee chain is under pressure in the fast-growing market.

UPDATE 3-Starbucks CFO Maw to retire, shares tumble

June 28 Starbucks Corp said on Thursday that Chief Financial Officer Scott Maw will retire at the end of November, a surprise departure that sent shares of the world's largest coffee shop chain down 2.61 percent.

Starbucks CFO Scott Maw to retire in November, shares fall

June 28 Starbucks Corp said on Thursday Chief Financial Officer Scott Maw will retire at the end of November, sending its shares down 2 percent in morning trade.

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