Low Volume Tuesday - Why are Starbucks (SBUX) and NetFlix (NFLX) in the news?

Markets followed a mixed Monday with minor gains on Tuesday while investors away important economic news in Europe. The G-7 is meeting to discuss the ongoing economic woes of the continent with hopes of curtailing its tail spin. The euro slid today on worries over Spain's stability. US markets were able to proceed upward, however slightly, despite low volume. Stocks teetered between losses and gains the majority of the day. In corporate news, Starbucks (SBUX) head Howard Schultz stated his desire to turn the company into the "IBM of coffee" as the firm scoops up bakeries and other food outlets.

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Published on Jun 5, 2012
By InvestorGuide Staff

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