2012年4月23日星期一

The charges will mean a negative impact of 6 cents a share

Disney (DIS), the world's largest theme park company, cheap beats by dr dre on Monday announced a deal with Starbucks (SBUX), the world's largest coffee chain, to open stores in its theme parks at Disneyland Park and Walt Disney World Resort. The first of six Starbucks cafes will open in June at Disney California Adventure. For Disney, which has often been criticized for the limited food and beverage choices at its parks, this is a huge move forward. For Starbucks, which is running out of ways to expand in the U.S., this is a slam-dunk move in a captive market ripe for growth. "I don't expect to see Mickey drinking coffee any time Monster Beats Studio MLB Philadelphia Phillies soon," says Ron Paul, president of the research firm Technomic. "But from a marketing perspective, you have two iconic brands coming together, which has to be a positive." While the full size and scope of the deal was not revealed, the logical extension is for Starbucks to ultimately open in all Disney Parks inside and outside the U.S. For now, however, it plans to open at the Magic Kingdom, Epcot, Disney's Hollywood Studios and Disney's Animal Kingdom. "We know food and beverage offerings are an louis vuitton sunglasses important part of the memories our guests make at Disney Parks," says Maribeth Bisienere, vice president, food and beverage line of business for Walt Disney Parks and Resorts. "Many of our guests have shared their passion for Starbucks with us." At Disney California Adventure, Starbucks will be located in the Fiddler, Fifer and Practical Café on Buena Vista Street, a place that transports guests to 1920s Los Angeles, when Walt Disney arrived in California and a cup of coffee was the perfect way to jump-start a busy day. The store's location plays off the Spanish/Mexican architecture of the period, and baristas will wear 1920s-inspired attire. The café will serve Starbucks items including coffee and Ray ban sunglasses espresso beverages, Frappuccino blended beverages, and breakfast sandwiches and pastries. The move could nudge some folks to come to Disney parks a bit earlier — for that Starbucks cup o' joe — or even stay later, says Paul. That is precisely what Disney wants, of course. Starbucks is not completely new to Disney. In June 2009, the company opened a store in Disney Village at Disneyland Paris, which has been a hit. "Starbucks and Disney have many things in common," says Arthur Rubinfeld, president, global development, for Starbucks. "We share a passion that every experience burberry ties with our brand exceeds our customers' expectations." He says Starbucks customers have asked for a Disney park tie-in through MyStarbucksIdea.com since the consumer site launched more than four years ago. TI TXN -1.79% was up nearly 4% in after-hours trading as analysts also noted the company’s upbeat portrait of the chip market. The Dallas-based company reported a first-quarter profit of $265 million, or 22 cents a share, compared with a profit of $666 million, or 55 cents a share, for the year-earlier period. Revenue was $3.12 billion, down from $3.39 billion. The chipmaker’s results include a 10 cents a share charge related to the company’s acquisition’s of burberry handbags National Semiconductor. Analysts were expecting the Dallas-based chipmaker to report a profit of 29 cents a share, on revenue of $3.06 billion, according to a consensus survey by Thomson Reuters. For the current quarter, the company said it expects earnings in the range of 30 cents to 38 cents a share and revenue in the range of $3.22 billion to $3.48 billion. That suggest a higher sales projection than the current consensus revenue of $3.29 billion, according to data from louis vuitton handbags Thomson Reuters. TI said its second-quarter results will also include $100 million in acquisition charges and about $10 million in restructuring charges. The charges will mean a negative impact of 6 cents a share. ”As we expected, our business cycle bottomed in the first quarter, and early signs of growth began to emerge,” Chief Executive Rich Templeton said in a statement. “Orders were up 13%, and backlog is growing again,” he added. “Particularly encouraging is the breadth of increased orders across geographical regions oakley sunglasses and markets, including the industrial sector. Wedbush analyst Betsy Van Hees said the company’s results “supports our view that the semiconductor industry’s recovery has begun.” Evercore Partners analyst Patrick Wang echoed this view saying in an e-mail that TI “delivered a better than expected beat and raise, impressively guiding second-quarter revenues above an already high bar that the Street had set.” Wang added: “This has all of the positive elements that Discount louis vuitton bracelets for women classic best outlet silvery investors are looking for,” including he said, the “conviction that we’re past the bottom.”

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