Starbucks Corp. (SBUX) reported fourth quarter EPS of $0.24 after the close Thursday, which beat the consensus estimate of $0.21. The company also raised its full year 2010 EPS growth forecast to between a 15% and 20% increase from 2009, from prior expectations of an increase between 13% and 18%. Starbucks Corp. gapped up Friday and climbed during the second half of the morning. Shares finished up by $1.42 at $21.12 on the highest volume in 3 1/2 months. The stock rose past resistance and set a new high for the year.
For comments and feedback contact: editorial@rttnews.com
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.