January 09, 2009 at 12:45 PM EST
Starbucks Loses 600 Stores, Gains Corporate Jet
Oh my the Seattle Times seems to be in a snit about Starbucks’ (SBUX) decision to buy a new Gulfstream 550 jet. The company that brews lattes and cappuccinos for the masses reportedly shelled out $45 million for the plane and now owns 3 jets. This atrocity happened “at about the same time it told employees that it was reconsidering how much it will match in their 401(k) plans this year ” the newspaper reports. You can almost hear the reporter hyperventilating. But owning private planes probably makes sense for a company that operates in 43 countries outside the ...
Related Stocks:
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here