Starbucks warns of profit-growth miss as stock's rapid rise prompts 'pull forward' of buybacks

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Starbucks warns of profit-growth miss as stock's rapid rise prompts 'pull forward' of buybacks

Earnings benefit from share repurchases in 2020 to be ‘meaningfully below’ target outlined at Investor Day. Getty Images. Starbucks CFO Patrick Grismer. Author photo. By. TomiKilgore. Reporter and editor. Shares of Starbucks slumped Wednesday after …
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After Hurricane Dorian, Royal Caribbean plans to send cruises full of supplies to Bahamas

TOPSHOT – In this aerial image courtesy of a US Coast Guard Elizabeth City C-130 aircraft crew, homes and piers in the Bahamas lie damaged on September 3, 2019, after Hurricane Dorian. – Dorian churned towards the United States Wednesday after …
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EY reports Datalex to companies registrar over accounts

A board-commissioned review published in May confirmed that there had been “significant accounting irregularities” at Datalex last year and that it
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Why the Dow has rebounded from turmoil in August and is nearing a new record

What a difference a few weeks makes. In late August, stock markets had plunged to nearly three-month lows in the wake of President Donald Trump’s escalating tariff threats against China and tumbling long-term bond yields that signaled a bleak economic …
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Congress asks Google, Facebook, Apple, Amazon for documents in Big Tech bipartisan probe

Fifty U.S. states and territories, led by Texas, announced an investigation into Google’s “potential monopolistic behavior.” (Sept. 9) AP, AP. CONNECTTWEETLINKEDINCOMMENTEMAILMORE. WASHINGTON – Lawmakers investigating the market …
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