Results tagged “stock”

Starbucks' third quarter earnings beat market expectations, sending its stock up 8 percent. Don't assume this is because their new "we're not Starbucks" campaign or other gimmicks are working, though--most of the improved earnings is due to cutbacks, layoffs, and store closures.

"Boeing stock takes a beating" as engineers work out how to reinforce the spot where the carbon-fiber composite wings meet the fuselage. Not only are people saying it'll delay a first 787 flight by months, but Boeing engineers are hanging their heads low...or privately trash-talking management that ignored the problem for on-time promises: "Although the issue popped up during tests last month, Boeing initially didn't think it would affect the first flight," reports the Everett Herald's Michelle Dunlop.

Though a lot of reviewers are using a "buck a cup" formulation for Starbucks' instant coffee VIA, we note Starbucks isn't so down-market as all that--the VIA experience comes in packs of three, so you end up dropping a latte's worth of coin on the counter anyway. We're sure this is somehow related to SBUX shares being worth a little less than three VIA themselves.

It's not a good day for a bank when the Seattle Times story on the crater your stock fell into begins like this:

Your money is safe if its in an institution insured by the FDIC. The Federal Deposit Insurance Corp. covers up to $100,000 per institution, and even may provide additional coverage for IRAs in those banks.

Even though some of us around the Seattlest newsroom like to beat up on little ol’ Starbucks whenever the opportunity arises, today’s news that Starbucks' stock dropped like a hockey puck of used espresso knocked out of a porta-filter didn’t put a spring in the steps of all us Seattlests.