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Starbucks' Growth Perks Up On Tariff Relief, Ignoring Zohran Mamdani's Boycott Calls Over Labor Strikes
Benzinga· 2025-11-20 12:43
Starbucks Corp. (NASDAQ:SBUX) witnessed a dramatic shift in its fundamental outlook this week as its Benzinga Edge’s Stock Rankings’ growth metric surged to a bullish 79.63, a massive leap from just 33.02 the previous week.Check out SBUX's stock price here.Coffee Maker Starbucks Surges In Growth RankingsThis sharp uptick highlights a growing divergence between the coffee giant's improving financial prospects and its battered public sentiment.While the company's momentum at 26.08 and value at 15.97 remain de ...
Why Vita Coco Stock Jumped Today
Yahoo Finance· 2025-11-17 18:33
Key Points The White House announced modifications to reciprocal tariffs on certain agricultural products, including tropical fruits and fruit juices. Vita Coco expects to pay a significantly lower average tariff rate on its products. 10 stocks we like better than Vita Coco › Shares of Vita Coco Company (NASDAQ: COCO) popped on Monday after the beverage maker said coconut water would likely be among the agricultural products gaining relief from reciprocal tariffs. As of 1:25 p.m. EST, Vita Coco's ...
The Vita Coco Company Issues Statement Regarding Tariff Relief
Globenewswire· 2025-11-17 12:00
Core Viewpoint - The Vita Coco Company has responded positively to the recent Executive Order that modifies reciprocal tariffs on certain agricultural products, particularly benefiting its coconut water products [1][2]. Group 1: Tariff Changes - The updated Executive Order exempts Vita Coco's coconut water products from reciprocal tariffs effective November 13, 2025, although a 40% duty on imports from Brazil remains [2]. - The average tariff rate for Vita Coco's products entering the U.S. is expected to decrease from 23% to approximately 6% based on current sourcing and product mix [2]. Group 2: Company Impact - The company does not anticipate a material impact on its 2025 financial results due to the tariff relief, as the inventory expected to sell in the remainder of 2025 has already incurred tariffs [3]. - The co-founder and Executive Chairman expressed appreciation for the administration's efforts, highlighting that this will help maintain accessible prices for consumers [3]. Group 3: Company Overview - The Vita Coco Company is a leading platform of better-for-you beverage brands, including its flagship coconut water brand, which is the top coconut water brand in the U.S. [4]. - The company was co-founded in 2004 and is recognized as a public benefit corporation and Certified B Corporation, focusing on delivering healthy and nutritious products [4].
A Government Hint Just Sent Starbucks Stock Soaring - Starbucks (NASDAQ:SBUX)
Benzinga· 2025-11-12 17:23
Starbucks Corporation (NASDAQ:SBUX) traded higher on Wednesday as investors reacted to expectations of tariff relief on imported goods, such as coffee.SBUX shares are trending higher. Get the latest updates here.Treasury Secretary Scott Bessent told Fox News that the administration will soon announce cuts in duties for everyday consumer goods. He stated that the effort would reduce prices on items the U.S. does not typically produce, NBC News reports.Coffee, Bananas Targeted For ReliefBessent told "Fox and ...
X @The Economist
The Economist· 2025-11-10 06:40
International Trade & Investment - South Korea promised to invest $350 billion in America [1] - Tariffs on most South Korean goods coming down to 15% [1] Political Context - Lee Jae Myung's urgent task involved securing tariff relief with Donald Trump [1]
中国出口追踪_关税减免未带来出口缓解-China Export Tracker (27)_ No Export Relief from Tariff Relief_
2025-11-10 03:34
Vi e w p o i n t | 06 Nov 2025 20:34:04 ET │ 9 pages China Economics China Export Tracker (27): No Export Relief from Tariff Relief? CITI'S TAKE We update our high-frequency trackers of Chinese exports up to Nov 2nd . The tariff relief post the presidential summit seemingly has not provided much relief to China's direct exports to the US. Tariff uncertainty could also rise with IEEPA ruling pending at the Supreme Court. The help from tariff reduction to exports could be a 2026 story, in our view. Meanwhile, ...
Merck Narrows Sales Outlook as AstraZeneca Deal, Tariff Relief Offset Costs
Financial Modeling Prep· 2025-10-30 20:25
Group 1 - Merck & Co. has tightened its full-year revenue forecast to between $64.5 billion and $65 billion, up from a previous range of $64.3 billion to $65.3 billion [1] - Adjusted earnings per share are now expected to be between $8.93 and $8.98, an increase from the prior guidance of $8.87 to $8.97 [1] - The updated outlook reflects benefits from changes to the AstraZeneca collaboration, which eliminated a previous revenue- and cost-sharing arrangement [2] Group 2 - The company noted a reduction in tariff-related expenses due to President Trump's import tariff reforms and a more favorable tax rate outlook, partially offset by costs associated with the Verona acquisition [2] - Merck's acquisition of Verona Pharma, valued at approximately $10 billion, aims to expand its respiratory treatment portfolio and reduce reliance on the cancer drug Keytruda, whose patents are set to expire in 2028 [3] - In Q3, Merck reported a 3.7% year-over-year revenue increase to $17.28 billion, exceeding Bloomberg's consensus estimate, driven by growth in Keytruda sales despite weaker demand for the HPV vaccine Gardasil in China [3]
US may cut India’s tariff rate to 15-16% in a new trade deal: report
Invezz· 2025-10-22 16:00
Trade Deal Overview - The United States and India are close to finalizing a trade deal that could reduce the current 50% tariff on Indian exports to 15-16% [1][2] - The potential announcement of this agreement is expected during the ASEAN summit in Malaysia from October 26 to 28 [2] Negotiation Dynamics - Intense negotiations have been ongoing, influenced by public pressure from the White House regarding India's purchases of Russian oil [2][4] - A significant quid pro quo is proposed, where India may agree to reduce its Russian oil imports in exchange for tariff relief [3][4] Impact on Oil Imports - India's Russian oil imports have become a major point of contention, with these imports constituting about one-third of India's overall oil supplies [6] - Although India has not officially confirmed plans to cut Russian oil imports, there are indications from state-owned refiners and Reliance Industries Ltd. shifting towards Middle Eastern supplies [5][6] Progress in Negotiations - Trade negotiators from both countries reported solid progress in discussions, aiming to resolve the ongoing tariff issues [7]
General Motors shares surge 8% as tariff outlook improves
Fastcompany· 2025-10-21 19:38
General Motors lifted its financial outlook for the year and slightly lowered its expected hit from tariffs, as the automaker awaits expected relief on tariffs in the U.S. while confronting a weakening market for electric vehicles. ...
General Motors lifts forecast as tariff outlook improves, shares surge 8%
Yahoo Finance· 2025-10-21 11:24
By Nora Eckert and Nathan Gomes (Reuters) -General Motors lifted its financial outlook for the year and slightly lowered its expected hit from tariffs, as the automaker awaits expected relief on tariffs in the U.S. while confronting a weakening market for electric vehicles. The company now expects its annual adjusted core profit to be between $12.0 billion to $13.0 billion, compared with its prior estimate of $10.0 billion to $12.5 billion. The Detroit automaker said tariffs would hit its bottom line les ...