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Starbucks Stock Tanks - Teavana Unit to be Shut Down

Starbucks shares fell 5.6 percent to $56.15 in after-hours trading yesterday after the company reported disappointing global sales growth Thursday. Starbucks operates 24,464 coffee shop locations world-wide. The 46-year-old coffee shop operator trimmed its adjusted earnings per share forecast to between $2.05 and $2.06 this week. At the current share price of $54.53 (at noon, Friday,…

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