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Reuters: Starbucks CEO sees "tailspin," outlines change

Started by chris, March 20, 2008, 01:01:02 AM

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chris

Starbucks CEO sees "tailspin," outlines change
      


SEATTLE (Reuters) - Warning of an economic "tailspin," Starbucks Corp  outlined long-awaited plans to turn around its U.S. business on Wednesday, but details from new coffee machines to a rewards program for frequent customers failed to excite investors, who sent shares down 4 percent.
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