Showing posts with label Starbucks. Show all posts
Showing posts with label Starbucks. Show all posts

2019-07-05

Starbucks 15-Year Journey to 100% Ethically Sourced Coffee (video)

The Starbucks 15-Year Journey to 100% Ethically Sourced Coffee with Conservation International

Starbucks has partnerships with organizations like Conservation International and the Eastern Congo Initiative to ensure its coffee is as close to 100% ethically sourced as possible. Starbucks video above published Jun 11, 2019.

How Starbucks $SBUX Created Its Iconic Mermaid Logo

How Starbucks Found Its Mythical Mermaid: the story about how a much-loved novel provided inspiration for the Starbucks logo. Video by Leila Hussain. Bloomberg.com video first published Apr 30, 2018.

Stock exchange: shares | NASDAQ: SBUX

Domain: starbucks.com


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2019-01-25

Starbucks $SBUX Teams Up With Uber Eats to Deliver Orders to Your Door

Starbucks Teams Up With Uber Eats to Bring Orders to Your Door

Fortune Magazine video above published Jan 22, 2019.

Uber Eats is an online food ordering and delivery platform launched by Uber (uber.com) in 2014, based in San Francisco, California. Users can order food from participating restaurants via the Uber Eats website ubereats.com or app.


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2019-01-24

Starbucks $SBUX Q1 FY19 Earnings LIVE Webcast, Jan 24, 5pm EST

How Starbucks Became An $80B Business

It's no secret that Starbucks has been struggling to get U.S. customers to frequent its cafes more often. While sales have been positive, the number of customer visits continues to stagnate. Same-store sales, a key metric in the restaurant industry, have dwindled over the last 12 months as competition heated up and customers were uninspired by some of Starbucks' limited-time offerings. While comparable-store sales exceeded expectations in the quarter that ended Sept. 30, rising 4 percent, much of that was due Starbucks charging more for its lattes.

In its 47-year history, Starbucks has transformed from a single coffee bean store in Seattle to a 30,000 cafe international coffee power house. But massive expansion hasn't come without growing pains. Under the leadership of Howard Schultz, Starbucks pursued a strategy of aggressive expansion in the late '80s and early '90s.

Overexpansion of Starbucks Stores
By the time Starbucks went public in 1992, it had 165 stores, and four years later, Starbucks opened its 1,000th location, including international cafes in Japan and Singapore. Just two years later, Starbucks opened its 2,000th cafe. While unit expansion helped boost sales throughout the last two decades — Starbucks has had positive same-store sales growth since 2010 — it has spread itself too thin. With more than 14,000 locations in the United States alone today, Starbucks is regrouping and rethinking its expansion, and is expected to close 150 underperforming locations in 2019, three times the amount it typically does.

Changing consumer preferences are also an issue which CEO Kevin Johnson has addressed with investors. In 2015, sales of Frappuccinos were 14 percent of Starbucks revenue. However, in the first half of 2018, Frappucino sales were down 3 percent — and accounted for only about 11 percent of the company's revenue. Frappuccino sales were also hurt by a lack of innovation said analysts. CNBC video above published Jan 10, 2019.

 Starbucks Corporation
Starbucks Corporation (NASDAQ: SBUX) (domain: starbucks.com)
$SBUX
Starbucks Q1 Fiscal Year 2019 Earnings LIVE Webcast January 24, 2019 5:00 pm EST.

Listen to the webcast -- a replay of the webcast will be available on the Starbucks Investor Relations website (until end of day Friday, February 22, 2019) -- investor.starbucks.com (investor relations).

UPDATE: Starbucks Reports Q1 Fiscal 2019 Results -- Press Release  01/24/19 highlights below:
  • Q1 Consolidated Net Revenues Up 9% to Record $6.6 Billion
  • Q1 Comparable Store Sales Up 4% Globally Driven by 4% Growth in the U.S.
  • China Comparable Store Sales Up 1% in Q1 and Total China Stores Up 18% Versus Prior Year
  • GAAP EPS of $0.61; Non-GAAP EPS of $0.75, Up 15% Year-Over-Year Including Income Tax Favorability
  • Active Starbucks RewardsTM Membership in the U.S. Increases 14% Year-Over-Year to 16.3 Million
Questions re: Q1 FY19 Starbucks $SBUX: top line revenue hit the consensus mark of $6.5B? Shift of prior FY19 guidance for global comparable store sales growth near the lower end of the 3% to 5% range? How is the UberEats pilot progressing? Impact in China from slowing GDP, trade tensions, and competitor Luckin Coffee?
source: statista.com
Starbucks has a 55% market share of China’s coffee market, however, it faces competition from McDonalds, Costa Coffee, Peets and Luckin, and hundreds of thousands of smaller operators.


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2018-12-24

Happy Holidays! Time-Out for a Peppermint Mocha! (video)

Starbucks Holiday 2018 | Peppermint Mocha

Sip a cup of magic, Starbucks Peppermint Mocha. Enjoy!

The NASDAQ and New York Stock Exchange close early Christmas Eve (Monday, 1:00 pm EST) and both exchanges are closed Christmas Day.

Starbucks $SBUX (domain: starbucks.com)


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2018-09-14

Costa Cofffee + Coca-Cola $KO vs Starbucks $SBUX (video)

Coca-Cola & Costa Coffee: How The Street Reacted

News that Coca-Cola CEO James Quincey signed off on the $5.1 billion deal for international coffee brand Costa Coffee broke on Friday, August 31, 2018. The push into coffee follows Coca-Cola buying a stake in surging sports drink brand BodyArmor earlier in the month. Both deals are likely to prove lucrative says TheStreet.com's Brian Sozzi in the video above published Aug 31, 2018.

Principal domains: costacoffee.co.ukcoca-cola.com  |  starbucks.com

Investor Relations: coca-colacompany.com/investors  |  investor.starbucks.com

Coca-Cola $KO vs Starbucks $SBUX:
$KO
$SBUX
Background on Coca-Cola's Costa Coffee Deal

Financial Times (ft.com) video above about Coca-Cola agreeing to buy the Costa Coffee chain from UK leisure group Whitbread in a £3.9bn deal.

Coca-Cola CEO James Quincey on Costa Coffee

The Coca-Cola Co. video above published Aug 31, 2018: Coca-Cola President and CEO James Quincey Talks About Planned Acquisition of the Global Coffee Brandon Costa Coffee.

See also:


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2018-09-08

Tech Review: 1) Apple $AAPL 9/12 Event; 2) Facebook $FB HQ Expansion

graphic "Tech Review" ©2017 DomainMondo.com
Tech Review (TR 2018-09-08)--Domain Mondo's weekly review of tech investing news with commentary, analysis and opinion: Features • 1) Apple $AAPL 9/12 Event,  2)Facebook $FB HQ Expansion, 3) Investing: The Week & Notes, 4)ICYMI Tech News: SpaceX, Tencent, Amazon, China, Starbucks. Nike.

UPDATE LIVE Apple Event September 12 REPLAY -- new iPhones & Watch Series 4
 Apple Event September 12, 2018

1) New Products Apple Is Expected to Announce September 12

New Products Apple $AAPL Is Expected to Announce on Wednesday Sept 12, 2018, 1:00pm EDT.
$AAPL

2) Inside Facebook's Epic HQ Expansion

In an effort to attract top tech talent, Facebook $FB is spending $1 billion to expand its Menlo Park headquarters. It just opened a new building, called MPK 21, that was designed by architect Frank Gehry and cost about $300 million. The 525,000 square-foot building will house about 3,000 employees and includes a 3.6-acre rooftop garden, a redwood forest in a courtyard and a tiered outdoor amphitheater akin to a botanical garden. CNBC.com video above published Sep 4, 2018.
$FB
See also:

3) Investing
graphic: "INVESTING"  ©2017 DomainMondo.com
The Week: NASDAQ Composite -2.6% | S&P 500 Index -1.0% | DJIA -0.2%
What drove the markets this week following August's strong close? "Near-term likelihood of U.S.-China trade pact seen dimming--relaxing of tensions with Mexico, Canada and the EU has made it easier to forge a united front against China"--marketwatch.com Sep 7, 2018.
Wall Street's Charging Bull--where's he headed next?
graphic of Charging Bull | DomainMondo.com
Investing Notes:

US: Jobless claims fall to 203,000. They haven’t been this low since Dec. 6, 1969 | marketwatch.com Sep 6, 2018.

US economy: US wages grow at fastest pace in nine years--Data keeps Federal Reserve on track to raise rates this month--FT.com Sep 7, 2018.

DC Drama: Why Trump‘s potential constitutional crisis isn’t rattling stock-market investors | marketwatch.com Sep 6, 2018. See also Trump Saboteur Op-Ed Backfires: LA Times Calls "A Coward"; Greenwald: "Unelected Cabal"--zerohedge.com.

Europe: European Stocks Are At A Critical Technical Support Level | zerohedge.com.

Europe will be "the big loser" in the trade war between the U.S. and China, said economist Mathilde Lemoine at the MEDEF Summer University in Paris, adding that a lack of structural reform in European countries such as Italy and France would continue to fuel weakness across the euro zone--CNBC.com.

Emerging Markets: Emerging-market stocks edged near bear territory Thursday (September 6), as fear of contagion spread throughout the developing world--"I don’t think the rout is over yet ... With more tariffs on China possible and further Fed tightening, it’s hard to see it ending soon. About the only outlet for some countries in this case is a cheaper currency, especially China."--Kathy Jones, chief fixed income strategist at Charles Schwab in New York, as reported in Bloomberg.com.

Nike Inc.’s (NYSE:NKEmarket capitalization (as of Sep 6, 2018) is down $3.4 billion since the company released its latest ad campaign featuring controversial quarterback-turned-activist Colin Kaepernick:
$NKE
In addition, Nike's favorability rating has dropped from 69 percent net favorability to 35 percent net favorability among American adults after the ad featuring Kaepernick was released, according to MorningConsult.com
"Purchasing Consideration Also Down: Before the announcement, 49 percent of Americans said they were absolutely certain or very likely to buy Nike products. That figure is down to 39 percent now."

4) ICYMI Tech News:
graphic: "ICYMI Tech News" ©2017 DomainMondo.com

-- John Poole, Editor, Domain Mondo  

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2018-08-30

Starbucks Reserve Roastery Shanghai, World's Largest Starbucks

Inside the world's largest, fanciest Starbucks

CNBC International video above published Aug 22, 2018: Starbucks Reserve Roastery in China has it's own roasting facility and innovation lab which offers beer-infused with coffee. CNBC's Uptin Saiidi recently visited it in Shanghai.
Principal domain: starbucks.com
Stock Market: Symbol -- NASDAQ: SBUX
$SBUX
Starbucks Is Closing 150 U.S. Stores

Fortune.com video published Jun 20, 2018: Starbucks has so many stores, some are starting to cannibalize each other’s sales, so the company is closing 150 U.S. stores.


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2018-03-08

$SBUX Starbucks Reserve First Store, Could Expand to 1000 Locations

Starbucks Opens Its First Reserve Store

Starbucks’ Reserve store, now open on the ground floor of the company’s Seattle headquarters, is part of a broader strategy to offer customers more high-end retail experiences. See also Starbucks Opened Its First Reserve Store (And It Serves Booze) | foodandwine.com"The Reserve Store concept could expand to 1,000 locations." Fortune Magazine video above published on Feb 27, 2018.
  • Starbucks Corporation (starbucks.com) (NASDAQ: SBUX) Mar 7, 4:32 pm ET: $57.03, Mkt cap $80.16B, P/E ratio 18.25, Div yield 2.10%
  • Starbucks Reserve domain: starbucksreserve.com
Starbucks Reserve Roasteries and Bar Locations | starbucksreserve.com"STARBUCKS RESERVE™ STORES + BARS Apart from the full-scale theatricality of the Starbucks Reserve™ Roasteries, our bars and stores offer a more intimate small-lot coffee experience. These are the perfect places to pick up Starbucks Reserve™ whole bean coffee, enjoy a handcrafted Starbucks Reserve™ beverage and chat with a barista about all things coffee."
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2018-01-29

Starbucks $SBUX CEO Kevin Johnson On Earnings & Future Of The Brand

Starbucks CEO Kevin Johnson Talks Earnings And Future Of The Brand

CNBC.com video above published Jan 26, 2018: Kevin Johnson, Starbucks CEO, speaks to "Squawk on the Street" about the coffee giant's quarterly earnings, the state of the business in the U.S. and China and what innovations could come for the brand.

Principal domain: starbucks.com

Stock: NASDAQ: SBUX
$SBUX

Don't Worry, Starbucks Corporation (SBUX) Stock Will Bounce Back | usnews.com: "A disappointing quarter doesn't change the big picture for one of retail's best operating companies."

Goldman Sachs Removes Starbucks (NYSE:SBUX) From Conviction List, Maintains Buy Rating | Benzinga.com

Starbucks Reports Q1 Fiscal 2018 Results | investor.starbucks.com Jan 25, 2018: "... Net Revenues Up 6% to a Record $6 Billion; Global and U.S. Comp Store Sales Up 2%, China Net Revenues Up 30%; China Comps Up 6% Q1 GAAP EPS of $1.57; Non-GAAP EPS of $0.65 Includes $0.07 Benefit from U.S. Tax Law Change Company Adds 1.4 Million Active Starbucks Rewards™ Members in the U.S. to 14.2 Million, Up 11% Year-Over-Year ..."

Starbucks lower after comparable sales disappoint - Starbucks Corporation (NASDAQ:SBUX) | SeekingAlpha.com"Global comparable store sales rose 2.0% during the quarter to fall short of the +3.0% consensus estimate."

Starbucks' (SBUX) CEO Kevin Johnson on Q1 2018 Results - Earnings Call Transcript | SeekingAlpha.com

SEC filings



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2018-01-03

Starbucks $SBUX Makes A Super-Sized Bet On China (video)

Starbucks makes super-sized bet on China

Financial Times (ft.com) video above published Dec 5, 2017: Starbucks (NASDAQ: SBUX) (domain: starbucks.com) is opening a premium roastery that will be its largest outlet in the world in an effort to maintain its upscale reputation in an increasingly important market
Starbucks Corporation is an American coffee company and coffeehouse chain, headquartered in Seattle, Washington. Starbucks was founded in 1971, and as of November 2016, operated 23,768 locations worldwide.


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2017-08-26

Tech Review | Chrome OS: Say Goodbye To Microsoft Windows Forever

Tech Review (TR 2017-08-26)--Domain Mondo's weekly review of tech news:
Features • 1) Chrome OS: Say Goodbye To Microsoft Windows Forever, 2) Cash is King, 3)Trump's Tweeting Worth $2B to Twitter $TWTR, 4) Investing: Unintended Bets,  Streaming Media Content Wars, AT&T debt, 5)ICYMI Tech News.

1)  Chrome OS: Say Goodbye To Microsoft Windows Forever

Google Chromebooks Are Moving Onto Microsoft's Core Customer Turf: Big Business. Chrome Enterprise will integrate with Microsoft Active Directory and VMware AirWatch software. Video above published Aug 23, 2017, by CNBC.com.

If you are sick of hearing or reading stuff like Windows 10 Insiders: Microsoft won't tell you about known bugs anymore | ZDNet.com, there's a way out, even for enterprises (large businesses).

For large businesses adopting Chrome OS devices, Google now offers Chrome Enterprise subscriptions, which cost $50 per device per year, rebranding and upgrading what was formerly known as Chromebooks for Work.

Other business options are available, see
Also note Google plans to launch a new Chromebook Pixel, mini version of Google Home alongside new Pixel phones | androidpolice.com.

But caveat: Chromebooks will not move into business if they cannot be bought | ZDNet.com"When it comes to Chromebooks, there are those available in the United States, and then there are those for the rest of the world ... It's a strange state of affairs when OEMs in Asia do not make a selection of their products available on their side of the Pacific, particularly when we are talking about the lower end of the market that has myriad configurations and models available otherwise. With such a haphazard approach, it seems the business push for Chromebooks is not wholehearted, which seems to be the pattern of many projects from Google."

2) Cash is King--America Wasted $160 Million Trying to Get Afghanistan to Use E-Payments | Motherboard.vice.com--"... Agents across the country told SIGAR the same story: cash is fast, cash is efficient, cash is king. The unspoken truth is that cash is good for a quick buck on the side and cheaper for everyone involved. You don't pay taxes on transactions you don't report ..." See also Amazon Top Up - In Store | Amazon.co.ukAmazon Cash comes to UK as Amazon Top Up, allowing users to load between £5 and £250 onto their Amazon UK accounts at certain retailers.

3)  What Is Trump Worth to Twitter? One Analyst Estimates $2 Billion | Bloomberg.com reports that "Without Donald Trump, Twitter Inc. could lose almost a fifth of its value,citing Monness Crespi Hardt & Co. [domain: mchny.com] analyst James Cakmak, who said Twitter $TWTR would lose as much as $2 billion in market value if @realDonaldTrump quit tweeting.

4) Investing
  • Avoid Unintended Bets in Your Investment Portfolio | cfainstitute.org“Be conscious what’s driving the risk in your portfolio ... Don’t tell me you underweight Apple without realizing that you are underweighting the technology sector without buying other tech stocks, or that you are making a size bet, or a bet against trends in consumer electronics. Those are all the implied bets when you underweight the largest name in your universe.”
  • The Streaming Media Content Wars: Apple $AAPL vs Amazon $AMZN, Netflix $NFLX, Google/YouTube, et al: Apple TV: Go Freemium | SeekingAlpha.com 
  • AT&T Inc. (NYSE:T) (domain: att.com): the nearly completed merger with Time Warner will expand the debt load massively, and the debt will be the single greatest risk to the company--SeekingAlpha.com

5) ICYMI Tech News:
  • Amazon to cut Whole Foods prices, escalating grocery turf war | Reuters.com
  • Gmail tip: Gmail does not recognise a plus sign "+" in an email address or any words after it--"If your email address is inewsisgreat @gmail.com, emails sent to inewsisgreat+informative @gmail.com will also be received."--inews.co.uk. Same thing applies if you are using Google Apps email (G Suite) via your own custom domain name. The above tip allows you to categorize and sort incoming subscription, group, etc., emails before you have even read them.

-- John Poole, Editor, Domain Mondo  

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2017-07-10

Evolution of Starbucks $SBUX & Coffee (video)

Fortune 500: Starbucks’ Evolution of Coffee I Fortune

Video above published Jun 8, 2017: Timeline of Starbucks’ evolution over the years.
  • Stock exchange: symbol  |  NASDAQ: SBUX
  • Principal domain: starbucks.com
Here's a look Inside This New and Unique Starbucks Cafe in Japan

Video above published June 30, 2017: This Starbucks is modeled after a Japanese teahouse.



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2016-12-10

Tech Review: Internet, Tech and Media Outlook 2017 (slides)

Domain Mondo's weekly review of technology news:

Feature •  Activate.com, a leading strategy and technology consulting firm for media, technology, entertainment and information businesses, released the Activate Tech and Media Outlook 2017, its annual report on the state of the internet, tech, media and entertainment industries. The report was initially delivered by Activate CEO, Michael Wolf, at the Wall Street Journal D Live Conference (Oct. 24-26, 2016) in Laguna Beach, California:

Activate Tech and Media Outlook 2017 from Activate:


Trends noted in the report include:
  • In the next 5 years, tech and media revenues will grow by over $400B, outpacing global GDP growth. 
  • Messaging will be a huge driver of growth in tech and media attention. In less than six months, each of the major tech platforms either launched a bot platform, created a messaging app, or both. Messaging will also monetize, with Apple iMessage and Facebook Messenger growing from an average revenue per user of zero in 2016 to $5-$6 by 2020.
  • eSports is the next big phenomenon, and will have almost 500 million fans globally by 2020.
See also What’s Next for Tech and Media in 2017 | WSJ.comDigital gatekeepers will fare better than content media, analyst Michael Wolf says at WSJ tech conference.

Other Tech News:

•   How does that make you feel? Twitter founder Jack Dorsey feels 'complicated' about Donald Trump's tweeting--TheGuardian.com.

•  Trump roundtable with tech leaders December 14th in New York: invites sent by Trump's transition team adviser Peter Thiel, chief of staff Reince Priebus, and Jared Kushner (Trump's son-in-law). Facebook’s Mark Zuckerberg, Apple’s Tim Cook and Google’s Sundar Pichai, Cisco CEO Chuck Robbins and Oracle Co-CEO Safra Catz are expected to attend--NYTimes.com and  USAtoday.com. See also Silicon Valley makes nice with Trump | TheHill.com and Start-up CEO Sacks resigns; report says Trump team next | USAtoday.com"Zenefits CEO David Sacks is stepping down amid speculation that he has been tapped by billionaire technology investor Peter Thiel to assist president-elect Donald Trump ..."

•  Shoddy Samsung So Sorry: Samsung confirms it will render the US Note 7 useless with next update | TheVerge.com"Update will be released December 19th and rolled out within 30 days." But see Verizon statement regarding Samsung Galaxy Note7 | Verizon.com"We will not push a software upgrade that will eliminate the ability for the Note7 to work as a mobile device in the heart of the holiday travel season." But Samsung catches a break in the Supreme CourtSupreme Court's Text Message in Samsung v. Apple | Bloomberg.com.

•  Keep It Simple: separate branding not needed--Android for Work and Play for Work (for enterprises) now simply part of Android and Google Play"... going forward we’ll refer to enterprise capabilities simply as part of Android and Google Play. With platform-level support shipping with every GMS compatible device, Android for Work and Play for Work have become a core part of Android and Google Play."--blog.google

•  Alphabetization--Google makes so much money the other parts of Alphabet never had to worry about financial discipline until Ruth Porat came aboard as CFO--"... former top Google executives who spoke on the condition of anonymity ... describe a company having trouble balancing innovation and its core business, search advertising. Over the 12 months ended in September, Google’s ad business accounted for 89 percent of Alphabet’s revenue, or $76.1 billion. As one ex-executive puts it, 'No one wants to face the reality that this is an advertising company with a bunch of hobbies.'"--Bloomberg.com

•  Tencent and Starbucks strategic cooperation: WeChat Pay (pay.weixin.qq.com) now available in about 2,500 Starbucks stores in China via WeChat Wallet--ChinaInternetWatch.com.

•  Silicon Valley Culture in China“[M]ost Chinese companies have not fully absorbed the [Silicon Valley] culture. Many are still highly top-down and bureaucratic, and open office plans often mask more deeply conservative customs. In place of California’s sunny suburbs, China’s innovation hub sits in the traffic and smog-choked northwestern part of Beijing, crammed into office towers above malls that sell all manner of electronics."--NYTimes.com

•  Apple's iPhone Blues"Apple has always been about the brand, and since it has lost a lot of its innovative edge over the last six to seven years, it hasn't been able to gain the foothold it had hoped to in China with its iPhone. A lot of its competitors there offer features close enough to Apple's to cause consumers to think the extra cost of an iPhone isn't worth it." --Seeking Alpha.com and  "... iPhone sales consistently underperform the global market as a whole. iPhone may be the most popular single phone but it is cheaper Android phones that are 88% of all phones sold ..."--BusinessInsider.com.

•  Microsoft: Requiem For A Smartphone | SeekingAlpha.com"Windows Phone (mostly Lumias) will probably be allowed to die, but this isn't the end of Windows on mobile devices. Surface Phone, running an Intel processor and a full version of Windows ... "

•  ICYMIHearing | United States Senate Committee on the Judiciary (video): Examining the Competitive Impact of the AT&T-Time Warner Transaction Subcommittee on Antitrust, Competition Policy & Consumer Rights; Date: Wednesday, December 7, 2016; Time: 10:00 AM; Location: Dirksen Senate Office Building 226; Presiding: Chairman Lee. Witnesses included Randall Stephenson, AT&T Chairman & CEO; Jeffrey Bewkes, Time Warner Chairman & CEO; and  Mark Cuban.

•  Are You Lying to Yourself? "One would think after the great dot-com crash of April 2000, companies like Cisco, Siebel, and HP would realize that they would soon face a slowdown as many of their customers hit the wall, but despite perhaps the most massive and public early warning system of all time, each CEO reiterated strong guidance right up until the point where they dramatically whiffed their quarters. I asked Andy (Grove) why these great CEOs would lie about their impending fate. He said they were not lying to investors, but rather, they were lying to themselves. Andy explained that humans, particularly those who build things, only listen to leading indicators of good news."--Ben's Blog | bhorowitz.com.

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