Rising Costs Are Brewing at Starbucks

03:15pm, Thursday, 10'th Feb 2022 The Motley Fool
Near-term headwinds are negatively impacting this top restaurant stock.
Starbucks (SBUX) fell 1.05% in opening trades on Thursday after the coffee giant was fined around 1.36 million yuan ($210K) by Wuxi Market Supervision Administration in the eastern

Less beans for your buck: Coffee prices are highest in 10 years

02:41pm, Thursday, 10'th Feb 2022 National Post
Some of the world''s biggest roasters and sellers of coffee, including Starbucks, are upping menu prices

US inflation soars 7.5% in the past year, a 40-year high

02:06pm, Thursday, 10'th Feb 2022 Chicago Sun-Times
The steady surge in prices has left many Americans less able to afford food, gas, rent, child care and other necessities. | AP file There are few signs that inflation will slow significantly anytime soon. WASHINGTON — Inflation soared over the past year at its highest rate in four decades, hammering America’s consumers, wiping out pay raises and reinforcing the Federal Reserve’s decision to begin raising borrowing rates across the economy. The Labor Department said Thursday that consumer prices jumped 7.5% last month compared with 12 months earlier, the steepest year-over-year increase since February 1982. Shortages of supplies and workers, heavy doses of federal aid, ultra-low interest rates and robust consumer spending combined to send inflation accelerating in the past year. When measured from December to January, inflation was 0.6%, the same as the previous month and more than economists had expected. Prices had risen 0.7% from October to November and 0.9% from September to October.

Starbucks Workers in the New York City Area Seek to Unionize

12:23pm, Thursday, 10'th Feb 2022 New York Times
Four stores are joining a nationwide effort, buoyed by successes in Buffalo.

My Top Value Stock to Buy in February (and It''s Not Even Close)

12:23pm, Thursday, 10'th Feb 2022 The Motley Fool
Starbucks has an element of durability that long-term investors look for.
Employers normally have little to lose by purging organizers, even when it''s found to be illegal. This high-profile case could be different.
The fired employees were attempting to unionize and held an interview with WMCA News 5 inside the shop, after business hours, which Starbucks says broke company safety policies.
Employers normally have little to lose by purging organizers, even when its found to be illegal. This high-profile case could be different.

Starbucks Fires 7 From Unionization Push

08:11pm, Wednesday, 09'th Feb 2022 The Street
"It''s to silence us and we won''t be silenced," a former Memphis employee says in a Twitter video.

Starbucks fires Memphis workers who tried to form a union

06:57pm, Wednesday, 09'th Feb 2022 New York Post
Starbucks, the Seattle-based coffee chain, denies allegations that the Memphis, Tennessee workers were dismissed in retaliation for their unionization drive.

Starbucks fires 7 workers in Memphis amid unionization battle

06:44pm, Wednesday, 09'th Feb 2022 The Hill
Starbucks on Tuesday fired seven workers looking to unionize their Memphis branch of the company, …

Starbucks fires Memphis workers who were trying to unionize

06:11pm, Wednesday, 09'th Feb 2022 WMAR-2 News
Starbucks has fired seven employees who were leading an effort to unionize a Memphis, Tennessee, store.
The store joins a rapidly growing movement.

Starbucks Whale Trades For February 09

05:47pm, Wednesday, 09'th Feb 2022 Benzinga
A whale with a lot of money to spend has taken a noticeably bearish stance on Starbucks . Looking at options history for Starbucks (NASDAQ: SBUX ) we detected 20 strange trades. If we consider the specifics of each trade, it is accurate to state that 45% of the investors opened trades with bullish expectations and 55% with bearish. From the overall spotted trades, 2 are puts, for a total amount of $131,752 and 18, calls, for a total amount of $1,067,450. What''s The Price Target? Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $90.0 to $105.0 for Starbucks over the last 3 months. Volume & Open Interest Development In terms of liquidity and interest, the mean open interest … Full story available on Benzinga.com
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE