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Barclays on Monday raised its price target on Starbucks to $123 a share, up from $116, while maintaining an overweight rating on the stock. The call came after analysts at the bank met with Starbucks executives, who reportedly painted a bullish picture looking out to fiscal year 2024. Meanwhile, Wedbush on Monday also raised its price target on Starbucks, to $106 a share, up from $100, while reiterating a neutral rating on the stock. RBC Capital raised its price target to $111 a share, up from $99, with a sector perform rating. And Citi on Sunday took its price target to $110 a share, up from $100, maintaining a neutral rating on the stock.
Persons: Laxman Narasimhan, Narasimhan, Jim Cramer, Wedbush, Jim Cramer's, Jim, Jakub Porzyck Organizations: Street, Barclays, Starbucks, RBC Capital, Citi, Sunday, CNBC, Nurphoto, Getty Locations: China, Charleroi, Belgium
Sept 28 (Reuters) - Ryanair (RYA.I) announced on Thursday cuts to its winter schedule due to delays in the delivery of Boeing (BA.N) aircraft, but Europe's largest airline by passenger numbers said its full-year traffic forecast was unaffected "as yet". Ryanair said in a statement that it had expected to receive delivery of 27 aircraft between September and December. But due to production delays at the Spirit Fuselage facility in Wichita, Kansas, combined with Boeing repair and delivery delays in Seattle, it now expects to receive only 14 aircraft during the three-month period. "At this early date, we do not expect these delivery delays will materially affect our full-year traffic target of 183.5 million,” Group Chief Executive Michael O'Leary said. Ryanair had expected delivery of 57 Boeing aircraft between September 2023 and May 2024.
Persons: Michael O'Leary, Yadarisa, Conor Humphries, Nivedita Bhattacharjee, Sharon Singleton, Susan Fenton Organizations: Ryanair, Boeing, , East, Porto, Thomson Locations: Wichita , Kansas, Seattle, Charleroi, Belgium, Dublin, Bergamo, Naples, Pisa, East Midlands, Portugal, Cologne, Germany, Bengaluru
Boeing delivery delays disrupt Ryanair flights again
  + stars: | 2023-09-28 | by ( ) edition.cnn.com   time to read: +2 min
However, production delays at the Spirit Fuselage facility in Wichita, Kansas, combined with Boeing’s repair and delivery delays in Seattle, meant the budget airline now expects to receive only 14 aircraft between October and December. “At this early date, we do not expect these delivery delays will materially affect our full-year traffic target of 183.5 million [passengers],” Ryanair chief executive Michael O’Leary said. Asked if it could confirm the delays and when deliveries would be up to date, a spokesperson for Boeing said that the planemaker valued its partnership with Ryanair and was committed to supporting the airline. Ryanair already trimmed its full-year passenger forecast from 185 million in July, citing potential Boeing delays, as well as the impact of air traffic control strikes. Ryanair executives had said deliveries had “significantly improved” before Boeing discovered a production flaw last month that has slowed deliveries of its best-selling 737 MAX aircraft.
Persons: Michael O’Leary, O’Leary Organizations: Ryanair, Boeing, East, Porto Locations: Wichita , Kansas, Seattle, Charleroi, Belgium, Dublin, Ireland, Bergamo, Naples, Pisa, East Midlands, Portugal, Cologne, Germany
Officials believe the attacks are connected to a controversial sexual education school program. Signs protesting the so-called Evras program were discovered in some of the schools, according to authorities. “In a democracy like ours, we will never allow our schools to be a target,” De Croo said. Political Cartoons View All 1163 Images“We don’t touch our schools,” Verlinden said during a news conference with De Croo. De Croo said that sexual education has been provided in Belgium for half a century and warned that the country will not take steps backwards.
Persons: Alexander De Croo, De Croo, , Annelies Verlinden, ” Verlinden, De, Verlinden, she's, “ hypersexualization, It’s, Caroline Desir, Paul Magnette, Organizations: , Brussels Federation, Charleroi Locations: BRUSSELS, — Belgian, Wallonia, Brussels, Belgium, Charleroi, Liege
Belgian Education Minister Condemns School Arson Attacks
  + stars: | 2023-09-15 | by ( Sept. | At P.M. | ) www.usnews.com   time to read: +1 min
BRUSSELS (Reuters) - Belgian education minister Caroline Desir has condemned a series of arson attacks on schools in recent days in protest against a new mandatory sex education course, saying the attacks were acts of "extreme brutality". "They are attacking our teaching, our freedom of education. These are acts of extreme barbarity, these are acts of terrorism", Desir told Belgian broadcaster RTBF on Friday while visiting a targeted school near the southern city of Charleroi. The government is investigating the attacks but said it would not give details for security reasons. The anti-EVRAS movement plans a protest in Brussels on Sunday.
Persons: Caroline Desir, Desir, Marine Strauss, David Holmes Organizations: Education, RTBF Locations: BRUSSELS, Belgian, Charleroi, Brussels, Walloon, EVRAS
Starbucks on Tuesday reported quarterly earnings that beat analysts' expectations, but its same-store sales missed Wall Street's estimates. The company's same-store sales grew 10%, falling short of StreetAccount estimates of 11%. Same-store sales growth in both North America and its international markets was softer than expected. The coffee giant's North American same-store sales grew 7%, missing estimates of 8.4%. Outside North America, Starbucks' same-store sales increased 24%, falling short of estimates of 24.2%.
Organizations: Starbucks, Refinitiv Locations: Charleroi, Belgium, North America, China
Factbox: Europe's ongoing strike-related travel disruptions
  + stars: | 2023-07-10 | by ( ) www.reuters.com   time to read: +4 min
The travel industry is on high alert for disruption after Europe's peak season last year was hit by cancellations, causing chaos at airports. This summer, air traffic control issues are likely to be the weak spot, according to warnings from Eurocontrol, which manages European airspace. Heathrow Airport security workers on June 23 called off 31 days of strikes planned at Britain's busiest hub. At Birmingham Airport, around 100 security officers and terminal technicians will begin continuous strike action from July 18. The strikes will severely impact the airport's security and terminal maintenance, leading to flight delays, the Unite union said.
Persons: Hannah McKay, Tiago Brandao, Pierre John Felcenloben, Antonis Triantafyllou, Milla Nissi Organizations: British Airways, Heathrow Airport, REUTERS, BELGIUM Ryanair, BRITAIN, Heathrow, Birmingham Airport, Glasgow, FRANCE Air, ATC, Nantes, Ryanair, Reuters, SPAIN Pilots, Iberia Regional Air Nostrum, Air Nostrum, Air Europa, Swedish Transport Workers, Union, Geneva, Thomson Locations: London, Britain, BELGIUM, Belgium, Charleroi, Europe, Gatwick, France, Paris, Orly, Lyon, Marseille, Nice, Toulouse, Bordeaux, ITALY, PORTUGAL, Portugal, Iberia, Spain, SWEDEN
Un ciocolatier belgian a fost desemnat cel mai bun patiser-cofetar din lume de către un juriu independent de jurnaliști, consolidând astfel reputația Belgiei în domeniul producției de ciocolată de cea mai bună calitate, transmite AGERPRESPierre Marcolini a primit acest premiu atribuit de World Pastry Stars, o organizație cu sediul în Italia, compusă din maeștri bucătari din patiseria tradițională și din țări specializate în producția de ciocolată, precum Franța, Elveția și Japonia. Pierre Marcolini a deschis cofetării în mai multe țări, inclusiv în Germania și în China, care se aseamănă cu magazinele de lux. După ce a primit acest trofeu, Marcolini a spus că îl consideră un fel de justificare pentru proiectele sale „nebuneşti, care au scopul de a renova, transforma, schimba și moderniza universul patiseriei și al industriei ciocolatiere”. Ciocolatierul belgian, în vârstă de 56 de ani, s-a născut la periferia orașului Charleroi și și-a deschis prima cofetărie la Bruxelles în urmă cu 25 de ani. El speră că ciocolata ar putea să aducă oamenilor o anumită alinare în această perioadă dificilă, marcată de pandemia de coronavirus.
Persons: AGERPRES Pierre Marcolini, Pierre Marcolini, Marcolini Organizations: World, Elveția și Japonia Locations: Belgiei, AGERPRES, Italia, Franța, Elveția, Japonia, bomboanelor, Germania, China, Charleroi, Bruxelles
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