Bill Ackman has revealed that his fund Pershing Square has bought 15.2 millions of Starbuks shares, a value of about $900 million. Ackman’s Pershing Square also has shares of Chipotle Mexican Grill (it is the second largest shareholder), Restaurant Brands International, and Mondelez. The famed investor made his reveal in New York on Tuesday at … Continue reading “Activist Investor Bill Ackman Just Made a Big Bet on Starbucks”
Tag: Starbucks
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Starbucks to Make Corporate Staff Cuts
Starbucks will be slashing some of its corporate staff according to an internal memo that…
September 24, 2018
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Starbucks is Planning to do This by 2025
Starbucks is making an effort to be more green and will be building 10,000 "greener"…
September 13, 2018
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Starbucks Patrons May Be the Reason for Some Housing Prices Rising
According to a new Harvard study, after a Starbucks pops up in town, house prices…
September 4, 2018
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Starbucks Partners with Microsoft on a Bitcoin Platform
Many Starbucks patrons may be excited to learn that the coffee powerhouse has partnered up…
August 6, 2018
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Starbucks CFO is Leaving the Company
Shares of Starbucks dropped in Thursday trading as Wall Street learned that the company's chief…
June 28, 2018
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Starbucks Hits New Low After This News
Starbucks revealed this week that it will be shuttering over 150 poorly performing stores in…
June 20, 2018
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Starbucks Executive Chairman Howard Schultz is Out
It was a grim week for Starbucks as the company's executive chairman said he would…
June 5, 2018
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This Could Cost Starbucks Millions in Lost Revenue Next Month
Starbucks will be closing 8,000 stores for an afternoon on May 29th and it could…
April 18, 2018
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Philadelphia Starbucks Manager who Called Cops on Two Black Men Has Left the Company
One of the biggest stories to make headlines over the weekend was the arrest of…
April 16, 2018
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California Judge Says Starbucks Must Post Cancer Warnings
It's been years of legal struggle between a non-profit group and big coffee companies and…
March 30, 2018
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Starbucks Says It Now Has 100% Pay Equity for Women and Men
Coffee powerhouse Starbucks announced on Wednesday that the company has achieved pay equity for its…
March 21, 2018
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Starbucks Falls Short in its Holiday Quarter
Holiday drinks couldn't help reel in a good holiday quarter for coffee giant Starbucks. The…
January 25, 2018
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Starbucks Releases its 2017 Holiday Cup that May Surprise People
It doesn't seem like Starbucks has been able to catch a break with its holiday…
November 1, 2017