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DFI Retail Grabs Full Starbucks Control in Asia for US$340M on October 1
DFI Retail takes full control of 1,100+ Starbucks stores across Asia for US$340M cash, exiting Maxim’s joint venture. Stock jumps 6.6% as company targets billion-dollar business in three years.
Starbucks Closes 250 Stores as Niccol’s Turnaround Gains Traction
Starbucks closes 250 stores across North America this week as part of CEO Brian Niccol’s turnaround. The closures represent 1% of its 18,000-store footprint and will cost $300 million in restructuring charges.
Jim Cramer’s July 8 Stock Picks: 5 Buys in Market Rotation
Jim Cramer identifies PepsiCo, Caterpillar, Intel, and GE Vernova as buys after market rotation. He says institutional selling has created discounts in quality stocks ahead of earnings and infrastructure buildout.
Starbucks Explores Japan Stake Sale Worth $2.5B, June 12
Starbucks explores stake sale or IPO for Japan unit valued at $2.5 billion following China divestment and asset-light strategy shift.
Starbucks Weighs Japan Stake Sale Worth Up to $3.1 Billion Amid Global Restructuring
Starbucks is reportedly exploring the sale of its stake in its Japanese business in a deal that could be valued at as much as $3.1 billion. The move comes as the coffee giant continues a broader global restructuring effort aimed at improving efficiency, strengthening profitability, and focusing on long-term growth opportunities. The potential transaction has…
Singapore Maid Agency Ordered to Pay S$1,558 for False Mandarin Claim, June 10
Singapore tribunal orders maid agency to pay S$1,558 compensation for falsely claiming domestic helper could speak Mandarin.
Starbucks (SBUX) 96.51 USD +2.67%: Stock Falls −2.65 as AI Agent at 96.30 After Hours Slips 0.22%
Starbucks stock remained in focus after the coffee giant closed at $96.51, representing a daily decline of 2.65%. The weakness continued slightly after the closing bell, with after-hours trading showing the stock at approximately $96.30, down another 0.22%. Investors are now evaluating whether this decline reflects short term market sentiment or a broader concern about…
Yum China Stock May 25: KFC Asia Sale Signals Strategic Shift
Yum China stock news: KFC Asia sale signals strategic shift. Jardine Matheson auctions 1,000+ stores for $500M. Market impact explained.
Yum China Stock May 24: KFC Asia Sale Signals Shift
Yum China bids for Jardine’s KFC and Pizza Hut Asia operations worth $400M amid margin pressures on Western fast-food brands in China.