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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: UncleBigs who wrote (65397)7/6/2006 3:38:11 PM
From: GST  Read Replies (1) | Respond to of 110194
 
<services unemployment> There is really no other kind of employment in the USA. It IS a service economy - pure and simple.



To: UncleBigs who wrote (65397)7/6/2006 3:39:15 PM
From: loantech  Respond to of 110194
 
<nobody needs manicures or their back hair waxed off>
If I get any hairer I may have to consider it. What is it about getting over 50 that those hairs start popping everywhere? LOL.



To: UncleBigs who wrote (65397)7/6/2006 4:44:20 PM
From: ild  Read Replies (1) | Respond to of 110194
 
Starbucks Corp. (SBUX) after Thursday's closing bell posted a 6% rise in same-store June sales, down from a 7% increase in June 2005 and below analysts' average forecast.

Analysts had been looking for a 7% rise in comparable-store sales for the month, according to Thomson First Call.

Shares of the Seattle-based coffee retailer fell 4.1% in late trading to change hands for $36.31.

Starbucks said net revenue in the five-week period ended July 2 rose 22% to $751 million from $618 million in the same period last year.

"In June, we continued to deliver solid revenue and comparable store sales growth in line with our growth targets," Chief Executive Jim Donald said in a statement.

At the start of May, the company said it continued to expect same-store sales growth ranging from 3% to 7% for the remainder of fiscal 2006, with monthly anomalies.

At the same time, Starbucks reported a 27% rise in second-quarter profit and lifted its full-year 2006 earnings forecast to 71 cents to 72 cents a share from 68 cents to 70 cents a share