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Starbucks' honeymoon with new CEO Laxman Narasimhan ends abruptly as shares plummet 18% post-disappointing quarterly results. Global comparable store sales sink by 4%, with transactions down by 6%. Bloomberg reports efforts to revive fortunes include efficiency boosts, discounts, and new offerings like a boba-inspired drink. But with user frustration over app service and supply chain woes, Starbucks braces for a prolonged recovery, dampening
今天 04:11
Goldman Sachs maintains a Neutral rating on KO with a $60.00 price target. Analyst Bonnie Herzog highlights KO's robust Q1 organic revenue growth of 11%, exceeding expectations. Despite this, limited EPS growth potential might weigh on the stock in the near term, notes the analyst. Truist and BofA Securities analysts reiterate Buy rating.
05-02 02:48
Goldman Sachs reiterates a sell rating, reducing the price target to $10.5. Q1 revenue fell short due to lower user funnel conversion and delayed content launches. Net revenue retention declined to 94%, reflecting ongoing enterprise challenges. Cantor Fitzgerald maintains an overweight rating, adjusting the price target to $21. Coursera's revenue fell below guidance for the first time in seven quarters, despite adding 7 million new learners.
05-01 02:46
Goldman Sachs reportedly considers transferring its General Motors credit-card program to Barclays, signaling a significant shift away from consumer lending. With Barclays emerging as the frontrunner, the potential $2 billion deal could reshape the credit landscape by summer.
04-30 20:08
Coca-Cola reportedly eyes $8 billion valuation for African bottling arm IPO. Plans for dual listing in Johannesburg and Amsterdam. Discussions underway, but details subject to change.
04-30 19:40
Explore the NHTSA's investigation into Ford's BlueCruise technology after two fatal Mach-E crashes. Covering 130,000 vehicles from 2021-2024, this inquiry delves into safety risks, echoing NTSB's separate probe into Mach-E incidents, including a fatal collision in San Antonio. Preliminary findings indicate BlueCruise activation preceding a Philadelphia crash on March 3.
04-29 23:15
Altria CEO, Billy Gifford, urges FDA crackdown on illicit vape products, highlighting public health risks. NJOY's retail expansion plans aim to reach 100,000 stores by year-end.
04-27 00:47
Vislink reported Q4 revenue of $8.1M, up from $7.4M with EPS loss of $(0.99) compared to consensus of $0.00. Gross margin rose to 46%.
04-01 22:30
The traditional 60/40 investment portfolio recorded 13% growth in 2023, its third-best year since 2008. Investors ponder if favorable conditions in H2 of 2023 will continue in 2024.
2023-12-28 21:42
BlackRock Inc sees rate cuts in second half of 2024. Shape of the yield curve to be key drivers of returns. ETFs could be good investment vehicles.
2023-12-15 03:49