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Starbucks Tops Street Forecast for 2Q
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FBN’s Diane Macedo with earnings reports from Starbucks, plus a look at futures ahead of the market open.
- Duration 1:59
- Date Apr 27, 2012
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FBN’s Diane Macedo with earnings reports from Starbucks, plus a look at futures ahead of the market open.
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Good morning everyone I'm -- -- -- and shares of Starbucks are down more than 4% in premarket trading after same store sales fell.
In Europe a short of analyst estimates sales at stores open at least one year in Europe fell by 1% during the latest quarter.
-- -- first decline in three years on the upside.
The coffee giant reported a better than expected quarterly profit and raised its earnings forecast for 2012.
Starbucks earned forty cents a share at penny more than the street's forecast on revenue of 3.2 billion dollars now let's go to come exchange for some more of today's headlines -- on -- -- their -- and the Secret Service looks like it may have even more explaining to do on the heels of the Colombian prostitution scandal comes word now there may have been a similar incident last year.
In El Salvador and once again ahead of a visit by President Obama.
Now earlier this week the public security secretary Janet the -- I don't have been assuring members of congress what happen in Colombia appeared to be.
And isolated incident.
There were some scary moments meantime for passengers aboard a Delta Airlines flight that landed in Chicago last night.
-- higher plane was quarantined and medical staff from the Centers for Disease Control called in.
Apparently one of the passengers -- recently been Africa was suffering from a severe -- action there were concerns -- may have been monkey pox Stearns out of wasn't.
All the passengers were eventually allowed to leave.
Aren't those the headlines while more -- coming up but -- morning continues right now with the -- briefing just ahead on Fox Business.
There's sort of 1000.