Thursday, 21 June 2007

Starbucks--high end of '07 view "very challenging"

(Reuters) - Shares of Starbucks were down 3.4 percent to their lowest level since October 2005 and were the second-biggest drag on the Nasdaq 100 .




Starbucks has forecast 2007 earnings of 87 cents to 89 cents per share, while analysts, on average, expect 89 cents per share, according to Reuters Estimates.


Read more at Reuters.com Market News

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