Starbucks

Starbucks is a global coffee company founded in 1971 in Seattle, Washington, as a roaster and retailer of whole bean and ground coffee, tea and spices. Today it is the largest coffeehouse company in the world, with 20,366 stores in 61 countries. Starbucks went public on June 26, 1992 at a price of $17 per share (or $0.53 per share, adjusted for subsequent stock splits) and closed trading that first day at $21.50 per share. Starbucks Corporation's common stock is listed on NASDAQ, under the trading symbol SBUX.

Starbucks raises outlook but shares fall

26 Apr 2013

Starbucks reported higher quarterly profit that matched Wall Street estimates and it raised its full-year earnings forecast.

10:37AM

Nestle grows China coffee investment

8 Apr 2013

Coffee lovers in China will be excited to hear about a major new initiative by Nestle to grow coffee beans in southwestern Yunnan province, in the latest challenge to the nation's traditional tea-...

11:27AM

Briefs, January 4, 2013

4 Jan 2013

Australia runs hot while India chills

6:04AM

Gift cards - the world's worst present?

31 Dec 2012

Chances are you received a few gift cards this Christmas. Or perhaps you are guilty of gifting a few yourself. Sure, your teenage niece may be impossible to buy presents for, or you ended up...

4:58AM

Letters to the Editor, December 10, 2012

10 Dec 2012

Police's holistic scheme fights animal cruelty

I refer to Ms Iris Ma's letter ("Set up police unit to curb animal abuse", December 3) and the article by Ms Patsy Moy ("Police unit urged...

1:28AM

Briefs, December 6, 2012

6 Dec 2012

250b yuan in daily trading on HK system

3:16AM

Opinion

Workers pay the price for our bargains

5:20AM

Howard Winn

Barry Cheung makes waves in Moscow

3:47AM

UK lawmakers call for tax crackdown on multinationals

A committee of UK lawmakers has called on government to crack down on multinational companies that make substantial sales in Britain but pay little tax here, echoing demands from leaders across...

9:05AM

Starbucks launches special Christmas campaign

Following on from its fundraising sales for Unicef last year, Starbucks Hong Kong is doing another charity effort, this time in support Po Leung Kuk's special children development fund.

5:51AM

Starbucks aims to become more Chinese as it announces 800 new coffee shops

Coffee giant Starbucks is advancing its growth plans in China with the opening of its 100th store in Beijing and 800 more in the next three years.

4:13PM

What's being said on facebook.com/southchinamorningpost

On ATV protesting over new free-to-air licences:

3:15AM

Starbucks roasted by British lawmakers over tax stance

British lawmakers grilled global coffee giant Starbucks over its tax policies on Monday, arguing that claims that its British division was unprofitable “just doesn’t ring true”.

5:33AM

BRITAIN

Tax protest to hijack Starbucks outlets

Dozens of UK Starbucks branches will be turned into creches, refuges and homeless shelters, as direct action group UK Uncut hijacks the coffee outlets to highlight the chain's tax avoidance...

5:59AM