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...According to West, the new McDonald's drinks are almost $1 cheaper than those at Starbucks. "Is it Starbucks quality?" asks West. "I would never say that. But they're in the ballpark. And that's where they need to be." The analyst also conducts bimonthly consumer surveys, and found that over 60% of respondents said they will trade down to McDonald's coffee if the drinks are cheaper and made faster. Given the company's pricing history and the likelihood that the McCafé system will be quicker than Starbucks baristas, consumer sentiment is trending its way. Thompson says...
...Analysts say the deal seems to fall short of a full merger. It appears that Porsche's car-making unit will not be sold to VW, but will retain some independence. And the rights issue will be dilutive to earnings because profit will be distributed among a larger number of shares. The uncertainty about the structure of the deal was fueled by comments from Bernd Osterloh, head of VW's works council, who said the two companies may not merge at all. (See pictures...
...doing it in the person’s city. What we do is we have a map and we look: right now there’s a person in Hartford that wants to do our endurance package. Once we put the tour together, we contact the person and say, “Hey we’re coming to your city, are you still interested? If you’re not a coward you better still be interested cause we’re going to work you out. We’ll show you what time...
Over a quarter (26%) of Daily Pennsylvanian readers say...
...Canadian government's bailout of Chrysler Canada the worst deal it has ever made? Quite possibly, some critics say, and more of the same is waiting just around the corner as General Motors prepares to ask that country's taxpayers to fork over a similar amount of money in a few weeks' time...