Two of the best-known names in Italian coffee are bolstering their businesses, hoping to secure their independence as global coffee giants Starbucks Corp. and Nestlé SA make incursions into their turf.
A Utah man was hospitalized last week with severe injuries after he allegedly entered a Starbucks, attacked a female employee and was shot by a patron, a probable cause statement said.
William Ackman said his activist hedge fund Pershing Square Capital Management has built a 1.1% stake in coffee giant Starbucks and sees room for the coffee giant to grow despite recent struggles.
William Ackman said on Tuesday his activist hedge fund Pershing Square Capital Management LP has built a roughly $900 million position in Starbucks Corp , betting the world's biggest coffee chain can overcome stagnant sales in its home market.
William Ackman said on Tuesday his hedge fund Pershing Square Capital Management has taken a roughly $900 million position in Starbucks Corp as he sees a chance for the world's biggest coffee chain to reignite growth even as it struggles with stagnant sales in its home market.
William Ackman's activist hedge fund Pershing Square Capital Management has taken a new position in Starbucks Corp , according to attendees at a conference where the billionaire investor spoke on Tuesday.
