Starbucks Stock Down on Sluggish Gains
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Shares of coffee shop owner Starbucks  Corp. SBUX.O fell more than 7 percent on Thursday after the  company's January same-store sales came below some analysts'  expectations.
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Stocks edged lower on Wednesday on disappointment about corporate financial results and uncertainty whether an expected Federal Reserve rate cut could head off a U.S. recession.
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Stocks fell, with the S&P briefly down 1 percent, on Friday as declines in defensive shares and talk of more trouble in the global financial sector offset strong earnings from companies, including Honeywell International Inc .
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Shares were down in early trading today as Wall Street, cautious after a drop in durable goods orders and a meager decline in jobless claims, awaited data on new home sales.
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Stocks fell on Thursday after disappointing results from Comcast  and engine maker Cummins  fed worries about corporate profits, while fears of more credit losses hit financial shares.
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Stocks dropped yesterday as Colgate-Palmolive and Unilever cut profit forecasts, fueling concern that earnings growth is slowing at a time when borrowing costs are headed higher.
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Forget the foam and make that latte skim, and sugar-free. Right now, Starbucks stock is really out of shape.
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Starbucks Corp  replaced  CEO Jim Donald with founder and Chairman Howard Schultz and  said it would slow an aggressive U.S. expansion in a shake-up  that sent its battered shares up nearly 9 percent.
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Starbucks Corp.'s  chief financial officer on Thursday said meeting the high end of the coffee shop chain's 2007 earnings forecast will be "very challenging" due to rising dairy costs and slowing growth in its U.S. business, sending shares to a 20-month low.
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Stocks inched lower on Friday,  pressured by a sharp drop in Pfizer Inc. PFE.N after the drug  maker said patients in a study showed an increased risk of  heart attacks after taking its popular Celebrex drug.
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Stocks fell on Friday, pressured by  declines in the drug and semiconductor sectors and  by  slower-than-expected U.S. jobs growth in September.
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U.S. stocks ended lower but off their worst levels for the session Friday, allowing the market to post its first weekly gain for the year as investors took comfort from a pickup in merger activity.
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Shares drop 4% after the bell as retailer posts single-digit growth for first time in nine months. SEATTLE  - Starbucks Corp.
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Starbucks Corp. SBUX.O on Tuesday  said its chief executive, Orin Smith, will retire next year,  surprising investors, who sent the coffee shop chain's shares  lower in after-hours trading.
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Starbucks Corp.'s  chief financial officer on Thursday said meeting the high end of the coffee shop chain's 2007 earnings forecast will be "very challenging" due to rising dairy costs and slowing sales growth in its U.S. business, sending shares to a 20-month low.
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Stocks were knocked lower on Thursday  as investors worried that rising prices for oil and commodities  would shrink corporate profits, while drug shares fell on  possible stricter scrutiny from regulators.
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TORONTO (CP) - Earnings warnings from Celestica and Coca-Cola along with a slowdown in US industrial production sent stock markets lower Wednesday.