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Celebrities and activists are calling for a boycott on Starbucks after the company reminded its employees that wearing accessories, even in support of the noble Black Lives Matter cause, is still a violation of its dress code.
According to an internal memo obtained by Buzzfeed, Starbucks doesn’t want employees donning any Black Lives Matter attire – pins, buttons, t-shirts, etc. – part of a sweeping ban on any accessory related to a “political, religious, or personal issue.” For BLM in particular, the company observed that there are people who “misconstrue” the movement and the sight of such items could lead to violence in stores.
That report was all it took for the company to find itself the latest target of social media mobs as #BoycottStarbucks began earning thousands of tweets and trending on the social media site.
“We boycotting Starbucks,” musician SZA tweeted on Thursday, then asking her followers to share the names and locations of black-owned coffee shops to support.
Musician Katie Mowgley joined the call for a protest, as did other celebrities.
Havent bought a Starbucks in two months and used to get one almost every day. I won't until my office opens... July latest.
I would get two a day when traveling...yep that's gone too, this is not gonna pretty
NEVER COMPARE STARBUCKS USA TO THAT LK PIECE OF CHINESE GARBAGE
Lol. Never trust China. Net positive for Starbucks
If you just bought at $50-$60 range do you really care?
Here we go with these greedy corporations doing share buybacks. Need to inflate their stock price. You would think Starbucks usually a model company would have learned what has ruined America: share buybacks for fake stock prices.
The Seattle company said its board authorized the repurchase of up to 40 million shares. The new buyback is in addition to the roughly 16 million shares remaining under an existing authorization.
Starbucks, with 1.17 billion shares outstanding, sports a market capitalization of about $68.8 billion based on Tuesday's closing price of $58.98.
The company said the expanded buyback "reflects our confidence and optimism about the long-term growth opportunity for our business."
Good stuff. I am with you. I am starting to watch Mad Money now that I learned I get recording with Hulu.
I just read this. This is not what Bill Ackman suggested. This piece meal, state's rights move is questionable. On the bright side New Your and California are "lock down."
I saw parts of that interview. I didn't know what to make of it, all I know is either its the end of the world or a great time to buy stocks because guess what, we all die so id rather buy companies down 50-60-70% down than at record highs!!
I think we both agree on that.
SBUX--on serious watch, I used to own it, sold it, now licking my chops
$50 was hit before the CEO went on TV, so not sure if that is a bottom but $58 would not be a bad place to start.
everything might gap down or up anyways on Monday so who knows
the ROBOTS are in charge starting Monday LOL
Great maybe I'll get this in the $40's
BREAKING NEWS: "Coronavirus: Starbucks Closes All UK Branches Until Further Notice". They are surely closing in the US too, they can not do one without the other.
no, its definitely not good, if SBUX dips into $40's or even $30's I will be getting in
I am out long time already. This Coronavirus is not good at all. Sorry
Much better entry point now in $50s with 40,000,000 share buy back program
But it could still fall from here
Yes SBUX great value here and lower of course
Buy into the fear and I am in today
No idea why sbux is bucking the market! The CoronaVirus is not going to help sales in the least; if it gets real bad, could be devastating for any, outside consumer brand!
News: $SBUX McDonald's Takes a Page from the Starbucks Playbook
Starbucks (NASDAQ: SBUX) has a robust lineup of seasonal beverage offerings. Some, like the pumpkin spice latte, come back every year; others may jump around the calendar or never be brought back again. It's a strategy that engages customers because these are limited-time offers (LTOs). Get ...
Find out more SBUX - McDonald's Takes a Page from the Starbucks Playbook
eventually, just keep buying and build a position
When is starbucks gonna put the cbd is the coffee?
$100 a share will we see it today or need to wait for next week?
News: $SBUX Stocks Recover on GDP Data
Stocks rose on Friday after strong earnings from big tech companies such as Alphabet and Intel while the U.S. economy grew at a better-than-expected clip in the second quarter. The Dow Jones Industrials gained 20.71 points to 27,140.98, The S&P 500 picked up 15.12 points to 3,018...
In case you are interested Stocks Recover on GDP Data
Forward 2 for 1 forward split comming
$SBUX Starbucks should be jealous $MJNA Medical Marijuana, Inc. Subsidiary Kannaway(R) Unveils New CBD Coffee and Tea Pods
subsidiary Kannaway® has released its new Single-Serving Coffee and Tea Pods, infused with 10 mg of hemp-derived cannabidiol (CBD) per pod.
Kannaway Coffee & Tea
Kannaway Coffee & Tea
Kannaway® French Roast Coffee cups are made with 100 percent premium Arabica coffee beans expertly batch-roasted by a fifth generation roast master. Kannaway® Rooibos and Citrus Tea cups are a floral blend of antioxidant-rich and caffeine-free tea. Compatible with most single-serve brewing systems, they are quick and easy to use.
"Kannaway's Single-Serving CBD-infused Coffee and Tea Cups provide a fast and pre-measured way to ingest your daily dose of CBD without disturbing your daily routine," said Kannaway® CEO Blake Schroeder. "These new products fill a need in the CBD market that very few products currently offer and we are confident that consumers will love the convenience they provide."
According to a report by Cowen & Co., the CBD market alone is expected to hit $16 billion by 2025. Of the CBD products currently on the market, most are in the form of liquid tinctures or topicals, making CBD-infused coffee and tea a large market opportunity.
"By providing consumers the option to start their day with CBD-infused coffee or wind down at the end of the night with CBD-infused, caffeine-free tea, Kannaway is making it easier to fit CBD into a variety of lifestyles and routines," said Medical Marijuana, Inc. CEO Dr. Stuart Titus. "CBD is being researched to provide a variety of therapeutic benefits and we are proud to bring high-quality products to our consumers in the U.S. and abroad."
Shop the entire line of Kannaway® Single-Serving CBD-infused Coffee and Tea pods in the Kannaway® online store.
About Kannaway®
Kannaway® is a network sales and marketing company specializing in the sales and marketing of hemp-based botanical products. Kannaway® currently hosts weekly online sales meetings and conferences across the United States, offering unique insight and opportunity to sales professionals who are desirous of becoming successful leaders in the sale and marketing of hemp-based botanical products.
About Medical Marijuana, Inc.
We are a company of firsts®. Our mission is to be the premier cannabis and hemp industry innovators, leveraging our team of professionals to source, evaluate and purchase value-added companies and products, while allowing them to keep their integrity and entrepreneurial spirit. We strive to create awareness within our industry, develop environmentally friendly, economically sustainable businesses, while increasing shareholder value. For details on Medical Marijuana, Inc.'s portfolio and investment companies, visit www.medicalmarijuanainc.com.
https://www.prnewswire.com/news-releases/medical-marijuana-inc-subsidiary-kannaway-unveils-new-cbd-coffee-and-tea-pods-300844996.html
Starbucks $SBUX Nearing Max Move Level
Shares of Starbucks (SBUX) continue to make new all-time highs, today hitting a high of $78.57. However, this is nearing a maximum move if you look at the monthly chart and draw a trend line starting in 2005 and connecting to the 2015 high. The trend line extends out and finds the current price just a shade below. This tells us that Starbucks is near its maximum before the next strong pull back. Max upside potential should be $80, then look for a strong sell back to $70. Pro traders are looking to short this in the coming days.
Gareth Soloway
InTheMoneyStocks
Possible forward split at 80 ??
Here we go...Awesome news, the beggining of a greater future :)
750 out, 67ish, will be +3%
News: $SBUX Dow Continues Climb as Hope Soars for End to Shutdown
U.S. stocks rose on Friday as investors looked past a poor Intel earnings report, instead focusing on hope that a government shutdown solution would come soon, as well as a resolution to the U.S.-China trade war. The Dow Jones Industrials roared higher 222.69 points by noon ET, to 24,77...
Got this from https://marketwirenews.com/news-releases/dow-continues-climb-as-hope-soars-for-end-to-shutdown-7557460.html
News: $SBUX "Starbucks Delivers" Expands in U.S., Powered by Uber Eats
Delivery service begins today in San Francisco, will expand to Boston, Chicago, Los Angeles, New York and Washington, D.C. Starbucks U.S. expansion joins delivery initiatives in China, Japan, India, Hong Kong, Singapore, Indonesia, Vietnam, Mexico, Colombia and Chile, tapping into glob...
Find out more https://marketwirenews.com/news-releases/-starbucks-delivers-expands-in-u-s-powered-by-uber-eats-7399086.html
On Days Like This Watch For Stocks That Are Showing Relative Strength $SBUX
Today, all of the major stock indexes are declining sharply lower falling by more than 1.0 percent on the session. This decline comes after a huge rally that started on December 26, 2018 and lead to a near term overbought condition. Whenever you see a big broad based decline such today it is important to look for stocks that are holding up in this sell off. A few stocks that are trading higher today include Starbucks Corp (NASDAQ:SBUX), McDonalds Corp (NYSE:MCD) and Chipotle Mexican Grill Inc (NYSE:CMG). The one thing these stocks have in common is that they are all restaurant stocks. Now if these market indexes decline further over the next few days or weeks it will be important to see how these key stocks hold up over that time period. In fact, the restaurant sector should be watched closely. These stocks could emerge as the leaders in the next rally. On days like this it is always important to watch for stocks that are showing relative strength.
Nick Santiago
InTheMoneyStocks
SCAMBUCKS CEO Kevin Johnson is so full of himself. Coffee is soooo overpriced. "drinking our coffee is an experience" > LOL
How does reusable cup work? Do they have a wash station is it self serve? Or do the germ filled cups go behind the counter line?
https://seekingalpha.com/article/4145677-starbucks-annual-report-earnings-forecast-stock-valuation
Any guess about earnings?...
$SBUX is sliding lower today. I will be watching the $55.25 intra-day support level. This is where the stock broke out on September 19th and should be solid if tested later today - Nick S.
wow, your knowledge is awesome for me and though many others may know what you know, i treasure the words of wisdom spoken directly like from master to disciple. Yes, I see you do have a point and it has lighted my way in this world of darkness where one's brother is even in question for some. cool!
considering the FED is still behind on raising rates, they are only prolonging the crash. Interest rates on Ten year should be near 4% already but bc of Yellen keeping them so low for so long, it created in a way a bubble whether they want to admit it or not. just look at housing, two months in a row negative and the federal funds rate is barely at 2% 9 years after financial crash (market bottom in march of 2009)
if it weren't for Trump's tax reform, the market would have already topped out or we would be close to recession already.
and the lower rates are when it happens especially if it isn't Fed induced, it will be very bad because Fed will have little ammunition and the US dollar will get hammered do to more QE or lower interest rates and I don't like a weak dollar that causes real inflation. The US dollar should be STRONG, you just have to run you business better in US and abroad and growth has stall outs too,its just natural course of life.
SBUX problem is ultimately going to be employee costs rising and revenue flatlining
yes but the big question is when the Bull will fall?
good for you.
I have 40-50 more years to let my investments build but in 10 years I wont even care
cash is king and this bull is getting tired, prices an only get so much higher before the numbers just don't match
AMZN- PE of 225 once reversion to the mean takes place, all bets are off until the cycle repeats itself.
2008 was a credit crisis
2009-present is a FED INDUCED QE ZERO interest RATE bubble and debt levels starting to build in a rising rate environment as the dollar surges and pushes all other currencies down.
and oil rising no matter how it helps small sector of stocks in market is not good and oil could go back to $100, it just depends on production.
SBUX the company got too political and their prices are obscene and are closing stores and will lose on revenue in China
yes, lot of cash and a ton of shares in a turnaround that I bought 900% ago ;)
I have very little to worry about.
its going to be awesome once the bull market ends
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