Starbucks to boost pay, benefits after U.S. lowers corporate taxes
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Piper Jaffray Remains Bullish on Starbucks Coffee (SBUX) Following 1Q Release
January 26, 2018 7:07 AM ESTPiper Jaffray reiterated an Overweight rating and $70.00 price target on Starbucks Coffee (NASDAQ: SBUX) following the company's 1Q earnings report. Results included operating earnings of $0.65 per share (vs. consensus at $0.57) driven in part by total revenues of $6.0 billion (vs. consensus at ~$6.19 billion).
The... More
Walmart (WMT) Announces New Strategic Alliance with Rakuten, Inc. to Expand Consumer Outreach Across U.S. and Japan
January 26, 2018 5:43 AM ESTWalmart president and CEO Doug McMillon and Rakuten, Inc. Chairman, president and CEO Hiroshi Mickey Mikitani met in Tokyo today to announce a new strategic alliance that leverages each companys unique strengths and assets to expand consumer reach and enhance how customers are served in Japan and the U.S.
The collaboration includes the launch of a new online grocery delivery service in Japan beginning in the third quarter of 2018. In addition, Walmart and Rakuten Kobo Inc. have formed an exclusive retail alliance that will enable Walmart to begin selling eBooks and audiobooks, as well as offer Rakuten... More
American Airlines (AAL) Tops Q4 EPS by 3c, Beats on Revenues
January 25, 2018 7:34 AM ESTAmerican Airlines (NASDAQ: AAL) reported Q4 EPS of $0.95, $0.03 better than the analyst estimate of $0.92. Revenue for the quarter came in at $10.6 billion versus the consensus estimate of $10.56 billion.
Reported a full year 2017 pre-tax profit of $3.1 billion, or $3.8 billion excluding net special... More