Near-Term Upside Options Positioning in Starbucks Coffee (SBUX) -Susquehanna

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Bullish Options Activity in Starbucks Coffee (SBUX) Targets Short-Term Upside in Shares -Susquehanna

December 11, 2017 2:28 PM EST

Susquehanna options strategist Alison Edwards notes short-term bullish options activity in Starbucks Coffee (NASDAQ: SBUX, as investors bought ~17,000 Dec 58 Calls, paying roughly $0.90 up to $1.45.

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China's budding coffee culture propels Starbucks, attracts rivals

December 5, 2017 3:26 AM EST

By Adam Jourdan and Lisa Baertlein

SHANGHAI/LOS ANGELES (Reuters) - In Wu Qiong's small cafe in downtown Shanghai, coffee beans nestle in glass jars on the bar while various brews bubble away behind the counter.

The cafe - one of thousands of trendy, artisan coffee shops in the city - reflects a growing cafe culture in China that's driving growth for chains like Starbucks Corp (NASDAQ: SBUX) and attracting more competition.

"There are many more choices for consumers in the coffee market here now," said Wu, 35, who set... More

GM puts an e-commerce marketplace in the dashboard

December 5, 2017 12:12 AM EST

By Joseph White

DETROIT (Reuters) - General Motors Co (NYSE: GM) on Tuesday said it will equip newer cars with in-dash e-commerce technology, betting it can profit as drivers order food, find fuel or reserve hotel rooms by tapping icons on the dashboard screen, instead of using smartphones while driving.

GM's Marketplace technology, developed in collaboration with International Business Machines (NYSE: IBM) will be uploaded automatically to about 1.9 million model-year 2017 and later vehicles starting immediately, with about 4 million vehicles across the Chevrolet, Buick, GMC... More