MarketFoolery: 06.05.2012
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 5 June 2012
⏱️ 24 minutes
🧾️ Download transcript
Summary
Starbucks buys a bakery. Google buys a social network. And Amazon buys a book publisher.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | It's Tuesday, June 5th. |
| 0:04.0 | Welcome to Market. |
| 0:05.0 | I'm Chris Hill. |
| 0:06.0 | Joining me in studio today from Motley Fool Pro and from Motley Full Options, Jeff Fisher and Brian Henman. |
| 0:12.0 | Gentlemen, good to have you here. |
| 0:14.0 | Hey Chris, thank you. |
| 0:15.0 | You oversold us right from the start with a gentleman label, |
| 0:18.0 | but we'll try. |
| 0:19.0 | We'll try to live up to that. |
| 0:20.0 | I think long-time listeners know just I was just being polite. I feel like |
| 0:26.2 | this is our acquisition special because we've got Starbucks Google and Amazon |
| 0:31.0 | all making acquisitions we'll get into each of them, but let's start with Starbucks. |
| 0:35.0 | Starbucks is buying La Bolange for $100 million. |
| 0:40.0 | Well said. Thank you. |
| 0:41.0 | Not bad for a guy who never took French. He ate croissants all morning. Just to prep. La Valanche has 19 retail locations in the San Francisco area and guys the plan appears to be not only to expand the retailer to other |
| 0:55.1 | locations but to take their their pastries and their sandwiches and get them |
| 0:59.1 | into Starbucks locations across America. Jeff I'll start with you. |
| 1:04.0 | I'm a long time Starbucks shareholder and I'm the first to say the baked goods at Starbucks just |
| 1:09.7 | aren't cutting it. |
| 1:10.9 | So on the one hand, I'm very pleased about this and yet shares were |
| 1:14.1 | down this morning why is that this seems like a natural fit they were they were down |
| 1:18.7 | and I think that's mainly because Starbucks said this will cut about two cents per share from earnings in the second |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from The Motley Fool, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of The Motley Fool and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

