Starbucks stock price not hurt after gigantic fine - ABC6 - Providence, RI and New Bedford, MA News, Weather

Starbucks stock price not hurt after gigantic fine

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By News Staff

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Starbucks stock price wasn't hurt after being slapped with a gigantic fine.

The java giant must pay $2.7 billion dollars to settle a dispute over a coffee distribution with Kraft foods.

Starbucks share price was up. The CEO says the company can move beyond the one time hit and get back full control of its consumer packaged goods business.

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