4 Consumer Stock Stories for Weekend Reading Excitement
Starbucks Corporation (NASDAQ:SBUX): Current price $56.70
On Thursday, the coffee chain Tata Starbucks said that it has launched two outlets at Indira Gandhi International Airport in New Delhi as it pushes farther into new markets in India. The firm commented in a statement that, ”With this launch, Starbucks forays into a new market segment and expands the number of stores, reaching more customers in the market.”
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TravelCenters of America (AMEX:TA) current price $7.29
The shares began coverage at Craig-Hallum with a Buy along with a price target of $13. The stock has been traded in a 52 week range between $4.18 and $6.84.
Burger King Worldwide (NASDAQ:BKW): Current price $17.70
Burger aficionados in the United Kingdom and in Ireland might go without as Burger King no longer purchases meat from the Irish processor Silvercrest Foods, whose product was found to contain horse meat. The vendor was dropped as a “voluntary and precautionary measure,” because last week it shut down its production line and recalled 10 million burgers from supermarket shelves in Britain and Ireland subsequent to horse DNA being discovered in some of its beef products.
Dole Food Company (NYSE:DOLE): Current price $10.15
Dole has announced that it and ITOCHU Corporation have received an unconditional approval from the Ministry of Commerce in China through which to implement the divestiture of Dole’s global packaged foods and Asia fresh produce business to ITOCHU. Executive Vice President and General Counsel C. Micheal Carter said that the Ministry “Officially approved our antitrust filing, with no conditions or requirements, in a decision dated January 21st.”
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