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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

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Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

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Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

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UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

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Teavana up 50% on Starbucks acquisition

Category : Stocks

Teavana stock burned up Wednesday afternoon, rising more than 50%, after Starbucks announced it would buy the Atlanta, GA.-based tea company.

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Wedbush is starting coverage on Peet’s Coffee (PEET) with an Outperform and $83 PT, arguing estimates will rise due to the successful rollout of Peet’s medium-roast blend and lower 2013 coffee bean prices. The firm is less positive on Teavana (TEA),…

Category : World News

Wedbush is starting coverage on Peet’s Coffee (PEET) with an Outperform and $83 PT, arguing estimates will rise due to the successful rollout of Peet’s medium-roast blend and lower 2013 coffee bean prices. The firm is less positive on Teavana (TEA), which is receiving a Neutral and $21 PT out of a belief the company will have trouble expanding beyond 500 stores in the U.S (it currently has 200). 1 comment!

Follow this link: Wedbush is starting coverage on Peet’s Coffee (PEET) with an Outperform and $83 PT, arguing estimates will rise due to the successful rollout of Peet’s medium-roast blend and lower 2013 coffee bean prices. The firm is less positive on Teavana (TEA),…

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Teavana (TEA), the most heavily-shorted stock in America, gains 3% AH after KeyBanc’s Edward Yruma starts coverage with a Buy and $28 PT. Yruma praises Teavana’s 19% operating margin, and thinks it could expand further as loose tea sales grow. He…

Category : Stocks, World News

Teavana (TEA), the most heavily-shorted stock in America, gains 3% AH after KeyBanc’s Edward Yruma starts coverage with a Buy and $28 PT. Yruma praises Teavana’s 19% operating margin, and thinks it could expand further as loose tea sales grow. He also think EPS growth will exceed 25%, and compares Teavana favorably to other “lifestyle-focused retailers” such as Lululemon and Zumiez. Post your comment!

Read the original post: Teavana (TEA), the most heavily-shorted stock in America, gains 3% AH after KeyBanc’s Edward Yruma starts coverage with a Buy and $28 PT. Yruma praises Teavana’s 19% operating margin, and thinks it could expand further as loose tea sales grow. He…

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