Starbucks Corp. third-quarter profits jumped 16 percent as it opened a record number of coffee houses
Media Release
Aug. 2, 2006

Starbucks Corp. said Wednesday that its fiscal third-quarter profits jumped 16 percent as it opened a record number of coffee houses and boosted its target for new store openings in the coming years.

For the 13 weeks ended July 2, the Seattle-based coffee retailer posted net earnings of $145.5 million, or 18 cents per share, up from $125.5 million, or 16 cents a share, in the same period a year earlier. Revenue for the latest quarter increased to $1.96 billion, up from $1.60 billion last year.

Starbucks Corp. third-quarter profits jumped 16 percent as it opened a record number of coffee houses
Media Release
For the 13 weeks ended July 2, the Seattle-based coffee retailer posted net earnings of $145.5 million, or 18 cents per share, up from $125.5 million, or 16 cents a share, in the same period a year earlier.
READ MORE>>

Alliance Boots, the international drug distribution and retail group, could soon be selling its No 7 lipsticks in Florida as it hammers out a deal with CVS
Media Release
...it hammers out a deal with CVS, one of the US’s largest pharmacies, to roll out its own-brand ranges across the US.
READ MORE>>

AOL’s attempt to square up to Yahoo, MSN and Google
Media Release
AOL on Wednesday made its boldest effort yet to ditch its reputation as an internet dinosaur reliant on a dying dial-up connection business by making its aol.com e-mail addresses free to people signing up for high-speed broadband from other providers.
READ MORE>>

Controversial takeover deal of a Chinese company by Carlyle Group becomes a Chinese benchmark for globalization
Media Release
Senior government officials in Beijing held an unprecedented meeting to try to break a year-long impasse over whether to approve the controversial takeover deal of a Chinese company by Carlyle Group, the US private equity firm.
READ MORE>>

Global business leaders are voicing concerns about deteriorating business conditions for the first time in three years
Media Release
Global business leaders are voicing concerns about deteriorating business conditions for the first time in three years, citing turbulent markets and an expected slowdown in the US.
READ MORE>>

First defeat for WalMart? Wal-Mart, the world’s biggest retailer, pulled out of Germany after eight loss-making years
Karen Gosh
It may signal that WalMart business model is not that great in a neutral matured free economy.
READ MORE>>

Eclipse Aviation expects its E500s to be used as air taxis or flying limosines for corporate travelers
Peter Zuba
A new light, cheap and fast jet is expected to be certified for flight Thursday by FAA
READ MORE>>

Russia in G-8 driver seat
Media Release
Russia will take center stage this week when President Vladimir Putin hosts President Bush and other leaders of the world's biggest economies, reveling in resurgent global influence while facing the fiercest Western criticism since the Soviet collapse.
READ MORE>>

MORE ARTICLES >>