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Starbucks Corporation (SBUX.NE)

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At close: December 3 at 3:54:40 PM EST

Intel and Stellantis add to record high CEO exits in 2024

There has been a record number of CEO departures year-to-date in 2024, according to data from Challenger, Gray, and Christmas, with Intel's (INTC) Pat Gelsinger and Stellantis' (STLA) Carlos Tavares being the latest. Cambrian Futures CEO and faculty director for the executive education program Future of Technology at the University of California Berkeley’s Haas School of Business Olaf Groth joins Catalysts Hosts Seana Smith and Madison Mills to discuss the commonalities among the CEO shakeups. "Each one of these cases has its own very own pathology, but there are some common threads," Groth says, explaining that "all of these companies are trying to make some fairly heavy pivots amidst some very dramatic headwinds. And they're not making these pivots fast enough for the markets to see the potential for growth." He names Starbucks (SBUX), Nike (NKE), Stellantis, and Intel as fitting this description. The companies are "making these pivots amidst very heavy trends and forces that are disrupting their industries," like electrification, geopolitics, inflation, and competition, as these leaders are trying to cut their way back to health in terms of budget cuts and layoffs, very substantial layoffs. But of course, you can't shrink yourself to growth." He adds, "Amidst all these headwinds and global trends, it's very, very hard to be a chief executive and to singlehandedly steer the ship toward higher growth." Watch the video above for more from Groth. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Naomi Buchanan.

Yahoo Finance Video 17 hours ago

SBUX

INTC

STLA
CEO turnover reaches record levels in 2024 as 'increasing complexity' drives execs to the exits

More exacting boards, a winner-take-all market, and higher capital costs are making it harder for CEOs to keep their jobs.

Yahoo Finance yesterday

STLA

INTC

SBUX
Starbucks Corporation (SBUX) is Attracting Investor Attention: Here is What You Should Know

Recently, Zacks.com users have been paying close attention to Starbucks (SBUX). This makes it worthwhile to examine what the stock has in store.

Zacks yesterday

SBUX
Investing in Starbucks (NASDAQ:SBUX) five years ago would have delivered you a 32% gain

If you buy and hold a stock for many years, you'd hope to be making a profit. Better yet, you'd like to see the share...

Simply Wall St. yesterday

SBUX
Starbucks Coffee Korea launches new riverbank café in Gimpo city

The new 30-seater café is situated within Aegibong Peace Ecopark's observatory tower.

Retail Insight Network yesterday

SBUX
Blue Yonder moves closer to full recovery after November ransomware attack

U.K. supermarket chain Morrisons says its operations are mostly restored, while Blue Yonder is working with other customers to recover operations.

Cybersecurity Dive 2 days ago

SBUX
3 Reasons to Buy Dutch Bros Stock Like There's No Tomorrow

In the battle of coffee shop stocks, Dutch Bros (NYSE: BROS) looks like it will be the clear winner in 2024, as the company has greatly outperformed its larger rival Starbucks (NASDAQ: SBUX) this year. The stock is up more than 70% in 2024 versus about a 6.7% gain for Starbucks. While Dutch Bros stores are much smaller than Starbucks stores and rely primarily on drive-thru traffic, they surprisingly generate more revenue per store on average than Starbucks.

Motley Fool 2 days ago

BROS

SBUX
European Commission close State aid investigations into Fiat, Amazon, Starbucks

In a Wednesday press release, the agency said, “The European Commission has closed three in-depth State aid investigations into transfer pricing tax rulings granted by Luxembourg to Fiat and Amazon (AMZN), and by the Netherlands to Starbucks (SBUX). Following judgments by the EU Courts, the Commission found that the tax rulings did not grant the companies selective advantages. In 2015 and 2017, the Commission found that Luxembourg granted selective tax advantages to Fiat and Amazon, and the Neth

TipRanks 3 days ago

AMZN

SBUX
Starbucks Opens at Korean Border: Sip Coffee While Looking into North Korea

Starbucks (NASDAQ:SBUX) just dropped one of its most fascinating locations yeta cafe perched near the DMZ in Gimpo, South Korea, offering customers front-row seats to the Hermit Kingdom. The opening, on November 29, has already turned into a tourist magnet, with locals and visitors lining up to experience what Mayor Kim Byung-soo calls the "charm of Korean culture" combined with Starbucks' global brand power.

GuruFocus.com 4 days ago

SBUX
Top Midday Stories: Meta to Face Trial in 2025; Citigroup Closer to Banamex Spinoff; EC Closes Fiat, Amazon, Starbucks Tax Rulings Probes

The Nasdaq Composite, S&P 500, and Dow Jones Industrial Average were trending higher in late-morning

PREMIUM
MT Newswires 4 days ago

STLAM.MI

C

SBUX
Why Is Starbucks (SBUX) Up 3.9% Since Last Earnings Report?

Starbucks (SBUX) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Zacks 4 days ago

SBUX

CAKE
EC tax rulings probe for Amazon and Starbucks concluded

The commission found that the tax rulings did not grant the companies selective advantages.

Retail Insight Network 4 days ago

SBUX

AMZN
A Latte With a View: Starbucks Launches Border Cafe Facing North Korea

Starbucks opens near Korean DMZ, drawing visitors with views of North Korea and heightened border tensions

GuruFocus.com 4 days ago

SBUX
Starbucks serves South Koreans coffee and glimpse into the North

The world's last Cold War frontier now has a Starbucks cafe in South Korea where customers can get a glimpse through the heavily militarised border into the North, all while sipping a latte. Hundreds showed up on Friday for the opening of the U.S. coffeehouse chain's newest store in an observatory near the city of Gimpo, around 50 km (31 miles) northwest of Seoul and close to the Demilitarized Zone separating the two Koreas. The DMZ has become an unlikely draw for foreign and local tourists, despite a spike in tensions on the Korean peninsula in recent years.

Reuters 5 days ago

SBUX
Customers at this Starbucks can sip coffee and observe a quiet North Korean village

Coffee drinkers can sip their beverages and view a quiet North Korean mountain village from a new Starbucks at a South Korean border observatory. Customers have to pass a military checkpoint before entering the observatory at Aegibong Peace Ecopark, which is less than a mile from North Korean territory and overlooks North Korea’s Songaksan mountain and a nearby village in Kaephung county.

Associated Press Finance 5 days ago

SBUX
Starbucks Offers Glimpse of North Korean Life From New Cafe

(Bloomberg) -- For anyone curious about civilian life in North Korea, Starbucks is offering its customers in the south a peek into the world’s most reclusive country while sipping a favorite brew.Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasStarbucks Coffee Korea Co.’s new riverbank cafe at an observatory tower in South Korea’s Gimpo city promises

Bloomberg 5 days ago

SBUX
Starbucks reliant on manual payroll processing after ransomware attack

Blue Yonder, an Arizona-based cloud services provider, was struck in mid-November 2024.

Verdict Food Service 5 days ago

SBUX
EU Ends Probes on Amazon, Starbucks, Fiat Tax Deals After Court Defeats

The decision ends three of the EU competition regulator’s attempts to crack down on international companies’ tax deals.

The Wall Street Journal 5 days ago

AAPL

AMZN

SBUX
EU closes investigations into Amazon, Starbucks and Fiat tax rulings

The European Commission on Thursday said it had closed state aid investigations into tax rulings granted by Luxembourg and the Netherlands to Amazon, Fiat and Starbucks. In 2015 and 2017, the Commission found that Luxembourg granted selective tax advantages to Fiat and Amazon, and the Netherlands to Starbucks, in breach of EU state aid rules.

Reuters 6 days ago

SBUX
Thanks to poor company performance, Starbucks employees won’t be getting their full bonuses this year—and some won’t even get merit raises

Corporate workers will earn 60% of their bonuses after the coffee chain’s worst year since 2020.

Fortune 6 days ago

SBUX

Performance Overview

Return	SBUX.NE	S&P 500
YTD	+6.87%	+26.84%
1-Year	+3.60%	+31.67%
3-Year	+21.52%	+54.29%

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Starbucks Corporation (SBUX.NE)

Intel and Stellantis add to record high CEO exits in 2024

CEO turnover reaches record levels in 2024 as 'increasing complexity' drives execs to the exits

Starbucks Corporation (SBUX) is Attracting Investor Attention: Here is What You Should Know

Investing in Starbucks (NASDAQ:SBUX) five years ago would have delivered you a 32% gain

Starbucks Coffee Korea launches new riverbank café in Gimpo city

Blue Yonder moves closer to full recovery after November ransomware attack

3 Reasons to Buy Dutch Bros Stock Like There's No Tomorrow

European Commission close State aid investigations into Fiat, Amazon, Starbucks

Starbucks Opens at Korean Border: Sip Coffee While Looking into North Korea

Top Midday Stories: Meta to Face Trial in 2025; Citigroup Closer to Banamex Spinoff; EC Closes Fiat, Amazon, Starbucks Tax Rulings Probes

Why Is Starbucks (SBUX) Up 3.9% Since Last Earnings Report?

EC tax rulings probe for Amazon and Starbucks concluded

A Latte With a View: Starbucks Launches Border Cafe Facing North Korea

Starbucks serves South Koreans coffee and glimpse into the North

Customers at this Starbucks can sip coffee and observe a quiet North Korean village

Starbucks Offers Glimpse of North Korean Life From New Cafe

Starbucks reliant on manual payroll processing after ransomware attack

EU Ends Probes on Amazon, Starbucks, Fiat Tax Deals After Court Defeats

EU closes investigations into Amazon, Starbucks and Fiat tax rulings

Thanks to poor company performance, Starbucks employees won’t be getting their full bonuses this year—and some won’t even get merit raises

Performance Overview