Starbucks Stock Plummets in Post-Earnings Fallout: A Look Back at the Worst Performance in Two Decades
Starbucks Shares Plummet After Disappointing Q2 Earnings
Starbucks (SBUX) shares are on a downward trend following a disappointing second quarter earnings report. The company fell short of estimates, reporting lower-than-expected revenue, earnings, and same-store sales growth. This led to the stock experiencing its worst post-earnings performance since 2000.
Analysis by Yahoo Finance Executive Editor
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May 2024 CPO Price Set at USD877.28/MT, Jumps 2%
The government sets a reference price for palm oil or CPO commodities. FOTO/doc.SINDOnews
JAKARTA – The government sets a reference price (HR) for palm oil (CPO) commodities for determining Export Duty (BK) and rates for the Public Service Agency for the Palm Oil Plantation Fund Management Agency (BLU BPD-PKS) or commonly called Export Levy (PE). ) for the period May 2024 is USD 877.28/MT.
This value increased by USD 19.67 or 2.29 percent from the April 2024 period which was recorded at USD 857.62/MT.
“Currently, HR CPO has increased away from the threshold of USD 680/MT. For this reason, referring to the PMK currently in effect, the government is imposing a CPO Export Duty of USD 52/MT and a CPO Export Levy of USD 90/MT for the period May 2024,” said the Director
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https://www.worldysnews.com/may-2024-cpo-price-set-at-usd877-28-mt-jumps-2/
The flight turned into a nightmare. Several dozen passengers vomited
#flight #turned #nightmare #dozen #passengers #vomited
The crew of Condor flight DE2315 informed the control center at the destination airport that some passengers were complaining of severe nausea. As a result, approximately 15 emergency vehicles were mobilized.
After the plane landed, rescuers took care of vacationers who vomited or felt nauseous during the flight. An airline spokeswoman did not provide details on the exact number of sick people. However, she emphasized that the event “did no
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The flight turned into a nightmare. Several dozen passengers vomited
LEGAL SECURITY – Civil and commercial jurisprudence are getting closer
| The committee for developing the case law report met in Ampefy. |
A collection of case law in civil and commercial matters is being developed, with the aim of ensuring better application of the law and more equitable and inclusive justice. A text standardization workshop took place in Ampefy on Friday.
Its main objective: “to unify Malagasy jurisprudence, limit appeals on points of law, avoid disparities in judgment and guarantee legal certainty for all litigants”, according to an official press release. This initiative aims to consolidate and make accessible a reliable and up-to-date case law database by 2025. This resource will serve as a
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LEGAL SECURITY – Civil and commercial jurisprudence are getting closer
Closed at 36.78/79, stable, no new factors. Markets are keeping an eye on US jobs data from InfoQuest tonight
InfoQuest – A money manager at Bangkok Bank revealed that the baht closed this evening at 36.78/79 baht/dollar, relatively stable from The market opened this morning at 36.78 baht/dollar, with no record for the baht new factors during the day. It moves in the range 36.78 – 36.85 baht/ “The baht has fallen quite a lot compared to yesterday. Because Japan admitted that there was interference in the yen. It causes the strengthening of the yen and the depreciation of the dollar .which is the main factor influencing the baht. This moves in the same direction as regional currencies,” the money manager said. The thing to watch tonight is the April nonfarm payrolls data. that the market expects to fall significantly compared to the previous time, money managers The movement range of the baht on Tuesday is estimated at 36.75 – 37.00 baht/dollar.
* Important factors
– The yen is at 153.05/08 yen/dollar as of this morning at 152.82 yen/dollar – The euro is at 1.0743/0745 dollar/euro as of this morning at 1.0737 dollar/euro – The index closed today at 1,369.92 points 6.67 points (+0.49%), trading value 37,512.00 million baht – Summary of trading volume by group Net foreign sales amounted to 1,447.93 million baht – Office of Trade Policy and Strategy (Office of Trade Policy and Strategy), Ministry of Commerce The general consumer price index (CPI) or inflation rate in April ’24 was 108.16 , which is an increase of 0.19% compared to the same month last year. who tested positive for the first time After being negative for 6 months – Deputy Minister of Finance State the vision a
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Baht Remains Stable as Money Manager Predicts Movement Range – InfoQuest Update
InfoQuest – A money manager from the Bank of Bangkok revealed that the baht closed tonight at 36.78/79 baht / dollar, relatively stable from The market opened this morning at 36.78 baht / dollar, and the baht has no new factors during the day. Moving in the range of 36.78 – 36.85 baht / “The baht dropped quite a bit since yesterday. Because Japan came out to admit that there was intervention in the yen. Causing the yen to strengthen and the dollar to depreciate. which is the main factor that affects the baht That is moving in the same direction as the regional currency,” said the money manager. The factor that needs to be followed tonight is April’s non-agricultural employment numbers. which the market expects to fall significantly from the previous time, money managers It is estimated that the range of movement of the baht on Tuesday is 36.75 – 37.00 baht / dollar.
* Important factors
– The yen is at 153.05/08 ¥/dollar as of this morning at 152.82 ¥/dollar – The euro is at 1.0743/0745 dollar/euro as of this morning at 1.0737 dollar/euro – The index has closed today at 1,369.92 points 6.67 points (+0.49%), trading value 37,512.00 million baht – Summary of trading volume by group Total net foreign sales were 1,447.93 million baht – Trade Office Policy and Strategy (Trade Office Policy and Strategy), The Ministry of Commerce revealed the General Consumer Price Index (CPI) or inflation rate in April ’24 at 108.16 or an increase of 0.19% compared to the same month last year. which turned positive for the first time After being negative for 6 months – Depu
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Baht Remains Stable as Money Manager Predicts Movement Range – InfoQuest Update
Chiara Ferragni sees the light again, money arriving: a rich partner enters
Chiara Ferragni, money on the way: a new partner joins Fenice Srl
Chiara Ferragni sees the light again. For days, the rumors that have been chasing each other bring good news for the queen of influencers. In fact, it would seem that his Phoenix Srlthe company that manages its entire brand, has finally found an interesting new partner.
Revealing who will be alongside the influencer is Messengerwhich is about AVM Gestioni sgrinvestment v
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Chiara Ferragni sees the light again, money arriving: a rich partner enters
how Beijing takes over the backbone of global logistics
2024-05-03 17:30:13
By Bertille Bayart
Published 45 minutes ago, Updated 16 minutes ago
Xi Jinping (right) visited the facilities of shipowner China Shipping in San Pedro, California in 2012. Bob Chamberlin/Los Angeles Times via Getty Images
INVESTIGATION – From airport screening equipment to port software, Chinese companies have gained positions that raise concerns, particularly regarding the risk of data collection.
Maybe it was one contract too many. By winni
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Social Action Fund Announces Major Increase in Loan Amounts: Details and Requirements for Public Administration Employees to Apply
The president of Social Action FundJuan Pablo Medina, this morning at the press conference the update in the amounts of the loans which they provide.
Medina recalled that when they accepted the loans provided by the Fund, they were old-fashioned compared to the country’s economic situation, but after working with the Fund. Economy Minister Roberto Gutiérrezthey were able to put together a framework in which it will be possible to upgrade the level of benefits.
Starting Monday, May 6, the loan amounts will be as follows:
- Personal loans: it will go from $220,000 to $800,000, an increase of almost 400 percent.
- Home remodeling line: is currently
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Mineco warns that, if approved, some amendments would weaken the Competition Law
– 2024-05-03 17:59:46
After the Economic Commission of the Congress of the Republic received more than 90 proposals for amendments to initiative 5074, Competition Law, the authorities carried out a preliminary examination and detected some inconsistencies that, if approved, could put the nature of the competition at risk. the law.
Antonio Romero, vice minister of Economy, explained to Prensa Libre that a preliminary review of the proposed modifications was carried out in conjunction with the Competition Directorate of that portfolio and a first official position is that they will recommend that amendments not be made that go along the same lines of excluding economic sectors, since due to international practices, activities that have specific sectoral regulation must be included, since the issue of free competition has its own complexities and specialization.
The official stressed that the amendments that are discussed and approved do not have to weaken the institutions, since the rules between competition entities and sector regulators can coexist very well. That is, the specialization of the markets must be left to the Superintendency or Competition Agency, respecting the institutional limits between them.
A second suggestion is to avoid conflicts of interest with regard to the appointment of the Board of Directors and the Superintendent, and not to involve the organized private sector in decisions of this type because “it is not possible to allow a clear conflict of interest in the face of an authority that “It fairly regulates the participation o
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