Starbucks and the New York City Sugary Drink Debacle
The following video is from Monday's Investor Beat, in which host Chris Hill and analysts Ron Gross and Jason Moser dissect the hardest-hitting investing stories of the day.
In today's installment, a judge blocks New York City's ban on large-sized sugary drinks. The ban was set to take effect on Tuesday. Starbucks had said it would defy the ban while Dunkin' Donuts was ready to comply. That story plus a wrap-up of the Dow today, a discussion of the day's four biggest market movers, and two stocks we're going to be watching closely this week.
One of the biggest movers on the market today was General Electric. For GE, the recent financial crisis struck a blow, but management took advantage of the market's dip to make strategic bets in energy. If you're a GE investor, you need to understand how these bets could drive this company to become the world's infrastructure leader. At the same time, you need to be aware of the threats to GE's portfolio. To help, we're offering comprehensive coverage for investors in a premium report on General Electric, in which our industrials analyst breaks down GE's multiple businesses. You'll find reasons to buy or sell GE today. To get started, click here now.
The article Starbucks and the New York City Sugary Drink Debacle originally appeared on Fool.com.Ron Gross owns shares of Costco Wholesale. Chris Hill owns shares of Starbucks. Jason Moser owns shares of Starbucks. The Motley Fool recommends and owns shares of Costco Wholesale and Starbucks. It also owns shares of General Electric. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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