HOWARD SCHULTZ

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Starbucks cuts name, coffee from logo

Starbucks Corp , the world's biggest coffee chain, dropped both its name and the word coffee from its 40-year old logo, prompting cries of outrage from people who said they were loyal customers.

Starbucks disappoints as costs rise

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Starbucks Corp's 2010 and 2011 earnings forecasts came in at the lower end of Wall Street's lofty expectations with commodity costs expected to rise next year, sending its shares down more than 2 percent.

Starbucks profit signals recovery

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Starbucks Corp , McDonald's Corp and other U.S. restaurant chains reported quarterly results showing the turnaround already priced into restaurant stocks is finally at hand.
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Starbucks profits signal recovery

Starbucks Corp , McDonald's Corp and other U.S. restaurant chains reported quarterly results showing the turnaround already priced into restaurant stocks is finally at hand.
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U.S. sales grow at Starbucks, shares rise

Starbucks Corp posted its first quarterly rise in U.S. same-store sales in more than two years, signaling that recession-weary consumers are spending more on small, daily luxuries.
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Starbucks raises outlook as turnaround signs mount

Starbucks Corp raised its financial forecasts for 2010 in the latest sign a year-long turnaround effort is boosting margins and putting it back on track for growth, sending shares up almost 4 percent.
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Starbucks beats view, raises targets

Starbucks Corp raised its financial forecasts for 2010 in the latest sign a year-long turnaround effort is boosting margins and putting it back on track for growth, sending shares up 4 percent.
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Starbucks beats view, raises target, shares up

Starbucks Corp reported a stronger-than-expected quarterly profit and raised its forecast, in the latest signs that the chain is turning around after closing cafes and slashing costs, and its shares rose 4.1 percent.
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Starbucks beats view, raises target

Starbucks Corp reported a stronger-than-expected quarterly profit and raised its forecast, in the latest signs that the chain is turning around after closing cafes and slashing costs, and its shares rose 4.1 percent.
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Starbucks debuts Via instant coffee in U.S., Canada

Chief Executive Howard Schultz called Starbucks Corp's Via Ready Brew perhaps the biggest opportunity in company history as he prepared for the instant coffee product's North American roll-out on Tuesday.
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Starbucks, McDonald's carve coffee niches

When the dust from the great coffee war that wasn't settles, McDonald's and Starbucks will find that each plays on a slightly shifted field, but neither side has captured the spoils -- the other's customers.
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Starbucks to match 401k but health benefits costlier

Starbucks Corp will make discretionary matching contributions to 401 retirement plans for its 2009 plan year but employees will face higher health-care costs, Chief Executive Howard Schultz said in a memo to employees on Monday.
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Starbucks brews up profit beat

Starbucks Corp ground out an expectations-topping profit on Tuesday as the coffee chain began reaping rewards from slashing costs and closing stores, and its shares gained 9.9 percent.
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Starbucks profit tops view, focus on value

Starbucks Corp posted quarterly profit that just topped expectations on cost cuts and is planning a multimillion dollar advertising campaign challenging the view that its coffee is an expensive luxury.
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Starbucks CEO says on track to make savings

Starbucks Corp is on track to hit its target of $500 million in cost savings this fiscal year as the world's biggest coffee chain closes stores and sheds staff, its chief executive said at the company's annual shareholder meeting.
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Starbucks unveils Via instant coffee

an opportunity to reinvent a category, create new rituals and grow our customer base. Schultz said Via's target customer in the United States is the brewed coffee drinker. Overseas, the company aims to win over new instant coffee users and to steal market share from established brands such Nestle SA's Nescafe and Kraft Foods Inc's Sanka. The company already f...
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Starbucks restricts bonuses for executives

Top executives at Starbucks did not receive bonuses in 2008 and won't get any increases on their base salary in 2009 due to due to disappointing results for the company which has suffered in the wake of less consumer spending.
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Starbucks to open 150 stores in EU

US coffee chain Starbucks has announced its intentions to open 150 new outlets in Britain, France and Germany in the next three years in a deal with SSP. SSP is a UK group which runs Burger King and Pizza Hut stores.

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