Markets

Starbucks tops S&P 500 decliners on weak forecast

Published

8 years ago

July 27, 2012

Starbucks shares tumbled 11% to $46.34 Friday morning, leading SP 500 decliners, after the coffee retailer cut its profit target for the current quarter and issued a fiscal 2013 outlook that fell well short of the consensus forecast. Starbucks continues to deal with weak consumer spending at its stores in Western Europe, and more recently, the company said sales are growing at a slower rate in the U.S. Starbucks share drop triggered short sale-related circuit breakers at the Nasdaq Friday. A drop in a stock of more than 10% from its prior-day closing price triggers a restriction on the prices at which securities may be sold short, according to exchange rules. Starbucks shares had hit a 52-week high of $62 in mid-April.

Article Source: http://stream.marketwatch.com/story/markets/SS-4-4/SS-4-8087/

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Starbucks tops S&P 500 decliners on weak forecast

Forex

How to Trade the EUR/USD Currency Pair: Professional Tips

The behaviour of the EUR/USD pair is a kind of indicator showing the comparative condition of the US and EU economies. If the US economy steadily grows, and problems arise in the EU, the EUR/USD decreases.

Published

2 months ago

October 22, 2020

Pr News

EUR/USD is one of the most popular currency pairs for Forex trading. Since the beginning of trading in 1999, the currency pair has undergone significant changes. For the first two years, the future for the euro was uncertain and the quotation was declining, reaching a minimum of 0.8200.

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Markets

Thailand remains ASEAN’s largest Exporter of Vegetables

Currently, the kingdom has FTA agreements with 17 countries, 13 of which no longer levy import duties on Thai vegetables, including China, Hong Kong, Australia, New Zealand, Japan, Chile, Peru and 6 countries in ASEAN.

Published

5 months ago

August 16, 2020

National News Bureau of Thailand

Thailand has FTA agreements with 17 countries, 13 of which no longer levy import duties on Thai vegetables.

LAMPANG (NNT) – Despite economic stagnation and border closures, due to COVID-19, Thailand remains ASEAN’s largest exporter of fresh refrigerated vegetables, while being 14th in the world.

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commodities

Gold rush hits Thailand as prices surge

The value of gold has rocketed by Bt7,000 per baht weight since the beginning of this year, generating returns of over 20 per cent.

Published

5 months ago

July 30, 2020

Akanksha Singh

Photo : Adam Jones

People flocked to sell their gold at China town. The Gold Traders Association announced the buying and selling prices of gold has increased by 50 baht to a historic high.

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