Week in review 09/02-09/08

Reading Time: < 1 minute 1) Howard Schultz, Chairman of Starbucks, talked about competition from McDonald and Dokin Donuts. Starbucks is not an advertiser. If other companies are going to advertise and promote specialty coffee, Starbucks is going to benefit in the long term,” he said. 2) iPhone price cut and iPod touch launch: Steve Jobs announced Apple will cut… Continue reading Week in review 09/02-09/08

iTune at Starbucks

Reading Time: < 1 minute That’s the new services to be offered by two great companies: Apple and Starbucks. According Seattle Post Intelligence: Apple’s new wireless iPod music player, iPhone or any laptop computer running iTunes will automatically recognize the iTunes store without a connection fee when customers enter a Starbucks shop that has Wi-Fi access.

Week in review 07-15 to 07-21

Reading Time: < 1 minute 1) StrengthTrader listed the greatest investors of all time (in Chinese). Among them I am familar with Buffett, Fisher and Lynch. I think Bill Miller is the Peter Lynch in current Mutual Fund world. 2) Alibaba is hiring, they are adding 2,000 people by the end of 2007. Meanwhile, Ali’s little bro Ninetowns is shrinking,… Continue reading Week in review 07-15 to 07-21

McCafe tries to eat starbucks’s lunch

Reading Time: 2 minutes in Japan. I read this news from MSN that McDonald is going to open McCafe stores in Japan. Quote the news: “The Japan unit of U.S.-based McDonald’s Corp. will launch 15 pilot “McCafe” stores in the Tokyo area on August 29, according to a company release. The stores, the burger chain’s first foray into the… Continue reading McCafe tries to eat starbucks’s lunch

Blackstone, Crocs and Starbucks

Reading Time: < 1 minute People who bought the Blackstone (BX) at its IPO debut (around 35), will regret “chasing hot stocks” now. I don’t know how the Chinese State Investment Co. (who took 8% stake at around $3 b) felt about this. Oh well, they are in this for long haul. Crocs stock (CROX) got a hit today. Barrons… Continue reading Blackstone, Crocs and Starbucks

Starbucks: now it’s really scary

Reading Time: < 1 minute The stock got another hit today as its CFO says that: meeting the high end of the coffee shop chain’s 2007 earnings forecast will be “very challenging” due to rising dairy costs and slowing sales growth in its U.S. business,… It seems high gas prices are really hurting them, in two ways. Some customers have to… Continue reading Starbucks: now it’s really scary

Week in Review 06-10 to 06-16

Reading Time: < 1 minute Mop is less cool (pacific epoch): Mop, the Chinese teen social networking web sites, became less cool because it did not turn on the Air Condition to save utility cost. Separately, Mop’s parent Co., Oak Pacific, is not going IPO very soon.   Starbucks to offer salad (Starbucks Gossip): so that they can offer a one stop shop for lunch customer?… Continue reading Week in Review 06-10 to 06-16

Starbucks, McDonald and Milk

Reading Time: < 1 minute Went to a newly opened Starbucks at Olive and Price yesterday. This is a very nice place, compared to the one at Olive and Craig (much older). The traffic there was OK consider this was Sunday morning. A lot things are against Starbucks business lately, according to a guest at CNBC this morning.