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ARBB News14 articles
Starbucks accelerates India expansion, targets 50-100 new stores annually under Niccol
Starbucks is ramping up India expansion with plans for 50-100 new stores annually, as CEO Brian Niccol pivots from turnaround to global growth. The JV holds 30% market share but remains unprofitable.
CDT Equity Soars 101% on Sarborg Stake Valuation of $127.5M
CDT Equity shares surged 101% after a private investment in Sarborg Limited implied a $127.5 million value for CDT's stake, dwarfing its $6.5 million market cap. Risks remain from a new convertible loan and a Nasdaq filing-compliance deadline.
Starbucks Nears 52-Week High Amid Turnaround, Valuation Concerns Loom
Starbucks stock closed at $103.04, just 5% below its 52-week high. Investors await Q3 results to see if traffic growth can offset labor and coffee cost pressures.
Dutch Regulator Halts Mid-Contract Gas Price Hikes Linked to Carbon Rules
Dutch regulator ACM has blocked energy suppliers from raising gas prices mid-contract for future EU carbon and green-gas costs, affecting Budget Thuis, Delta, and Vattenfall.
SpaceX Starship V3 Debut Flight Set for Thursday at Starbase
SpaceX will launch its first Starship V3 from Texas on Thursday, a key test for heavier payloads and lunar missions, with a booster splashdown and engine relight planned.
Warby Parker Stock Dips After AI Glasses Reveal Leaves Key Details Unclear
Warby Parker shares slipped after revealing AI glasses with Google and Samsung, but missing pricing and launch date. Q1 revenue rose 8.3% to $242.4M, while gross margin fell to 54%.
Starbucks Faces Key Resistance After Announcing $400M Restructuring
Starbucks shares hover near 52-week highs after the coffee giant revealed a $400 million restructuring plan involving 300 corporate job cuts and regional office closures, part of CEO Brian Niccol's turnaround strategy.
Arbor Realty Trust Plunges After Dividend Cut and Weak Q1 Results
Arbor Realty Trust cut its dividend to $0.17 and reported Q1 net income of just $629,000, sending shares down 11% as investors focus on troubled loans.
Starbucks Shares Surge on Raised Outlook and Strong Q2 Sales
Starbucks shares surged 10% after Q2 global comparable sales rose 6.2%, beating estimates, and the company raised its fiscal 2026 outlook, signaling CEO Niccol's turnaround is working.
Nasdaq Slides on AI Jitters; Visa, Starbucks Rally in After-Hours Trading
U.S. stocks fell Tuesday, with the Nasdaq down 0.9% as AI and chip shares sold off. In after-hours trading, Visa and Starbucks rallied on strong earnings, while oil prices climbed above $100.
Starbucks Lifts Outlook After Sales Surge Signals Niccol's Strategy is Working
Starbucks raised its full-year outlook after Q2 earnings beat, with global comparable sales up 6.2% and U.S. traffic rising 4.3%, sending shares up nearly 6% after hours.
Shell Secures New Kazakhstan Exploration Rights Amid Ongoing Arbitration
Shell has entered into an agreement with Kazakhstan's energy ministry for exploration rights to the Zhanaturmys oil and gas block, valid until 2032. The move comes as the company remains engaged in international arbitration concerning other Kazakh ventures and proceeds with its share repurchase program.
Valaris Shares Retreat as Merger Arbitrage Gap Widens Following Transocean Deal
Valaris stock declined over 8% Tuesday, erasing some of its post-deal surge, as its fixed exchange ratio with acquirer Transocean links its trading pattern to the buyer's stock performance.
Seatrium Faces Petrobras Arbitration Over $55.7 Million FPSO Dispute
Seatrium shares rose 0.5% after its Jurong Shipyard unit initiated arbitration against Petrobras Netherlands to recover a withheld $55.7 million payment tied to a 2004 FPSO contract. The financial impact remains uncertain as proceedings begin in London.