a not another starbucks rally. i never heard of an anti- starbucks protest before.nothing to do with the coffee, a group of local residents are trying to keep a starbucks location from opening on the corner of state marks place and avenue way. the east village you think funky. it is a by small businesses, small shops and coffee shops. starbucks could be the last off for a lot of smaller independent run businesses. these villages special because of the unique, small shops and that is why people live here and people come here to open new businesses. a national chain sex money out, creates a level of homogenization that looks at diversity. >> they want the area rezoned in a way that prohibits chain. >> the kids play in the park, it's the kind of neighbors that people want. >> people live in west village for the weekend, they -- >> aaron cook opened up the caÉe on avenue a about eight months ago. you can hear the jackhammer for the new starbucks in his brand-new sparkling cafÉ. he says if he loses 5% of his income he would be in trouble. >> there's 15 starbucks location

just before 9 oclock, a group of teenagers stormed into this starbucks. one of them got very close to hamm and took off down this alley with his macbook pro. gene hamm/robbery victim: made a beeline for me. and another one went past me. so this guy comes right in my face. he's about that close, and just grabs the computer just off knock the drinks off and he's out the door. these guys seem pretty professional they knew what they were doing. they knew where to go., get in, get out. and probably down through the tunnel or on the freeway or some palce. . hamm, who is a professional animator says his life's work was on that computer. now, he says, he has to start over. and that the incident has left him shaken gene hamm/robbery victim: i'm kind of looking at everybody twice. i'm kind of swiveling my head while i wasn't before. hamm is not the only one robbed at this starbucks. a similar incident took place on july 18th. multiple young men ran into the store and stole the laptops of two other victims. we spoke to people who come to the cafe to work.. they say

starbucks really has two issues going right now.r one, because they really are large -- a law of large number situation right now, there's starbucks everywhere, they are really trying to expand their offerings. they are going more into food and really trying to become more of a destination than a coffee pickup spot and the china is a big deal for starbucks they need to expand to china obviously they are having challenges there, but i think that's really the future of this company. it's a global company. the u.s., they are going to try to fix it as much has they can, but i think in the end it's all about china. >> well, it's interesting that they actually bought in to jv in china today, so that will be creative down the road. >> exactly. >> not for a bit of time michael, totally agree with you. china is the growth vehicle. 2,800 stores going to 5,000 by 2020. >> right. >> and i think that's really -- the story is going to shift, but until then you need to do a pretty decent comp in north america for them to be okay. >> last word and

we're live at the starbucks at atlantic and webster in alameda. that's where it happened. >> reporter: eric, gene hamm says he won't be creating any new projects from this starbucks any time soon. his laptop ripped off. police don't believe starbucks is the target, but it is one of the few coffee houses in town that's open late. >> sorry i'm late. i'm so happy you'll be talking about aviation. >> reporter: this is an educational dvd for kids created by animator gene hamm. >> never been that scared in my life. >> reporter: hamm was working on his laptop computer inside this starbucks saturday night, creating a new project when he became the victim of a brazen robbery. hamm says four young men wearing hoodies stormed inside the starbucks. one headed right for him. >> suddenly he grabs my laptop right out of my hand, knocks the drink over and out the door with it. >> reporter: another customer had her lap stop stolen, too, during the strong-arm robbery and tried chasing down the suspects but they got away through the parking lot. on july 18th two cus

susan lee back at hq listening in on starbucks we'll bring you the headlines. better moving those stocks later on in the show but first we start with narcotics opening day at record highs before a big midday reversal let's get to bob for those details. >> there's not a lot of interest in bidding up the market in these prices they can cascade into larger drops. it always starts with the lee leaders. this time it moved into faang stocks like apple and then bio tech names like celgene for example. then secondary leadership like materials that could have done well this month. moving on is the relative strength index it charged the momentum of an index or stock for a short period of time that's a scale of 1 to 100 so a reading above 70 is considered overbought and oversold. at the open the nasdaq composite. i have never seen this reading in 20 years on a major index 99.3 out of 100. i'm not sure if that's a historic high but a reading of 99.3 is absurdly overbought. and in the past they usually turn back. i'm not trying to turn anybody into a technical analyst i'm w

we're live at the starbucks at atlantic and webster in alameda. that's where it happened. >> reporter: eric, gene hamm says he won't be creating any new projects from this starbucks any time soon. his laptop ripped off. police don't believe starbucks is the target, but it is one of the few coffee houses in town that's open late. >> sorry i'm late. i'm so happy you'll be talking about aviation. >> reporter: this is an educational dvd for kids created by animator gene hamm. >> never been that scared in my life. >> reporter: hamm was working on his laptop computer inside this starbucks saturday night, creating a new project when he became the victim of a brazen robbery. hamm says four young men wearing hoodies stormed inside the starbucks. one headed right for him. >> suddenly he grabs my laptop right out of my hand, knocks the drink over and out the door with it. >> reporter: another customer had her lap stop stolen, too, during the strong-arm robbery and tried chasing down the suspects but they got away through the parking lot. on july 18th two cus

please put up a five chart of starbucks. it made a new high then failed >> that's what they do half the time by what i see, i see -- i see -- >> then explode. how it works the fact that it came in so hard, so quickly -- sounds like a gamble we talk about this all the time. i use tech talls as an input it's as much putting your fincke ner the air and just saying this to me, what is the case that this thing should go back and make a new high and trade at 27 times earnings without a meaningful fundamental sort of catalyst that's a big input cost. so what are we looking at? consistent underpinning business growing at the top line. we have that to me, i look at it, made that new high >> you don't want to buy things that are going up. >> i would wait for it to make a few percent back then lay it out. >> got a question out there. send us a tweet. for everything options action, check out our website. while you're there, check out our supercool newsletter i'll be reading that this holiday weekend. so what are you waiting for? here's

let's go to asia now, where coffee giant starbucks is splashing out in china.ding $1.3 billion on the 50% of the business it doesn't already own. it's the biggest deal starbucks has ever done. what has been the reaction to this announcement? quite a bit, reason why they are doing really is because china is starbucks's fastest—growing market outside the us a number of stores, the deal will really help the company reach its target of operating some 500,000 stores in mainland china by 2021. this announcement of course percolating just as the seattle —based site —— starbucks announced its profit, income fell about 8.3% untiljuly which matched market expectations and of course the latest results come, really, the first under the new chief executive kevinjohnson who took over from the co—founder how witchell in december. he describes the china buyout as part of the firm's long game to deal with calling growth in the us. we know of course starbucks is the world ‘s largest coffee chain, it has really been affected by reduced footfall in america's high street and shoppi

one that keeps you connected to what matters most. >>> starbucks taking a hit after posting earningslast night. our partners at kensho show the stock has dropped 7% or more 11 times since 2005 when sold a month later, it's up 10.22% on average. tripling the average s&p gain. for more kensho, go to cnbc.com/kensho. now back to scott wapner and the halftime traders >>> all right, stifel and guggenheim both caugutting starbucks today to a hold. mark is the the analyst behind that call. he joins us now for our call of the day. mark, welcome to half. >> thanks for having me. >> were you surprised what starbucks had to say yesterday >> i guess we weren't entirely surprised, considering they've mussed the expectations they laid out or had trouble, at least, hitting the low end of the last call at four or five quarters now so the fact that the quarter was actually better or at least better than people were expecting and the guidance is even more surprising, but their view of things getting worse suggested that perhaps it was a little bit too good and there were things that they may have pull

(jr stone) and this isn't the first time a starbucks was robbed...last weekend we showed you this video... where a customer tries to stop an armed robbery at a starbucks in fresno... the robber walked into the starbucks with a knife and a fake gun and demanded money. a customer saw what was going on and picked up a metal chair and hit the man in the back. the two began fighting and the robber stabbed the man in the neck. the man then got the knife away from the robber and stabbed him several times before he fled. police later found the robber and arrested him. both men are doing okay. (justine) and now a story you'll only see here on kron4 news... a 33-foot sailing vessel sunk in the middle of the san francisco bay. a viewer sent us this video and said he almost crashed into it. the coast guard says the boat sank yesterday and it is about a mile northeast of treasure island... not clear why the boat sunk. but we know - no one was hurt. the owner of the boat is working with the coast guard... and is getting a private salvage company to remove the vess

about starbucks.tocks down almost 8% in the premarket. expected sales lowering the forecast, the ceo is with us to discuss the quarter. we'll talk to kevin johnson after a break. ♪ if you could book a flight, then add a hotel, or car, or activity in one place and save, where would you go? ♪ expedia. [ intense music playing ] ] it's here, but it's going by fast. the opportunity of the year is back: the mercedes-benz summer event. get to your dealer today for incredible once-a-season offers, and start firing up those grilles. lease the e300 for $569 a month at your local mercedes-benz dealer. mercedes-benz. the best or nothing. >>> starbucks ceo kevin johnson, thank you for joining us. >> good morning, jim. >> okay. let's get to what i think a lot of people are concerned about. you obviously had some terrific numbers. a 5% comp. that's what we should be talking about that a lot of problems have been solved but yet the tenor of the research this morning has come like what he has said cut to hold, ability

break it down for us, carter. >> make a play on starbucks.has been weak and i think maybe has some bounce potential. start with the long term chart and work backwards to the here and now. what we have on the screen is ten year chart you can kind of of see the lines i've drawn often if you do break out as you see here from a well-defined formation, whether you want to call it a triangle, a wedge, you represent the debate or resolved up, often you will fall back to the point from which you broke out before ultimately going again. yes, now that's the premise here so let's look at a few other ways to draw the lines here is a five-year chart. you have this great run up, almost a double, and then this consolidation. now one way to draw the line is this, again that wedge and here we have the phenomenon where you rank out and then you revisit the apex before presumptively going again. another way you can draw the lines is a cup and handle, pretty appropriate for starbucks. yes, here's your coffee cup. the rest of the handle will be like that. okay ne

starbucks.rouble with your name scott. what do you make of this. we were expecting a bit of concern about what is going on. we have a bit of a weakness here . >> numbers came in ok. what is important about this is the have been able to overcome the operational issues they were experiencing in some of their u.s. stores. >> when we were talking before about amazon you are pointing out the depth of brands. we went from greeting greek yogurt to icelandic beer. how does starbucks avoid that and it leading all of their customers to the blue bottles at all the other coffee shops that are more trendy. >> traditional advertising is effectively becoming a tax that only the poor or technologically illiterate have to pay. or advertising or marketing is still very important to the store level. as evidenced by probably the most valuable app in history. starbucks is the original gangster. they said we are not going to advertise, we will pour all of our money into this point of branding called a store. it conti

and i think starbucks owes me that. >> reporter: starbucks tells abc7 news it's working with local authorities on the investigation. the safety of customers and employees remains a top priority. in alameda, cornell bernard, abc7 news. >> police in the north bad are looking for the thieves who stole thousands of dollars worth of jewelry today from a costco store. these photos from a resident showed the smashed digs play indications at the novato costco. this happened around 10:00 this morning when three thieves wearing surgical masks burst in, took the merchandise and got away with in a black chevy with temporary license plates. the value is $50,000. they are investigating to see if this case is connected with other recent robberies at other bay area costco stores. >>> for the second day in a row robbers targeted bart passengers in downtown oakland. the latest robbery happened yesterday afternoon when a robber grabbed the phone of a victim on the train of the west oakland station. she chased the suspect and when confronted him he shoved her to the ground and ran off. on friday a man wearing a s

it happened saturday night at the starbucks on atlantic avenue.s one of the teens knocked over his drink, grabbed his macbook pro and ran down an alley. the man is a professional animator and says his life's work is on that computer. he says the incident has left him shaken. ( tiffany ) a similar incident happened at that starbucks earlier this month. multiple young men ran into the store and stole laptops. starbucks says it's working with police to help catch the robbers. ( mark ) happening now... fremont police are asking for help finding a man who has been missing for nearly 3 weeks. 32-year-old-paul gonzalez was last seen on july 11th in hayward. police releasing these pictures overnight. police say he is about 6 feet tall 200 pounds. he has short b

. >>> a warning today if you're headed to starbucks to get some work done. the coffee chain is warning customers to be on alert after the second strong armed robbery at an alameda store in less than two weeks. the latest attack happened at this starbucks on atlantic avenue and webster street. a cartoon animator was working on a project when four people in hoodies burst through the door. >> started heading right towards me, and i just couldn't believe it was happening, and then suddenly he just grabs my laptop right out of my hand, knocks the drink over and is out the door with it so i've got to start over and get new software, have to get a new computer, and i think starbucks owes me that. >> reporter: on july 18th two customers had their laptops taken inside the starbucks on park street in alameda. starbucks tells abc 7 news toys working with local authorities on both investigations, adding that the safety of customers and eployees is a top priority. >>> a huge change is coming for commuters who use the alameda harbor bay ferry terminal. beginning tomorrow

and i think starbucks owes me that. >> reporter: starbucks tells abc7 news it's working with local authorities on the investigation. the safety of customers and employees remains a top priority. in alameda, cornell barnard, abc7 news. >>> facebook has shut down an artificial intelligence program after two bots began communicating with each other in a language they created and that humans could not understand. that's according to online reports. the bots developed code words to make things more efficient, but when they began forming those words into a new language, human programmers didn't understand it, and it was time to pull the plug. researchers say it's not the first time a.i. bots have formed their own language. >>> people who lack sufficient sleep generally have bigger waistlines according to a new study. researchers found that adults hours a night had a waist x - circumference three centimeters larger than people who got nine hours of sleep. the study is published in the >> we're getting a look at what san francisco's first ever floating fire station will look like. the 16,000 square fo

it happened saturday night at the starbucks on atlantic avenue. the man says one of the teens knocked over his drink, grabbed his macbook pro and ran down an alley. the man is a professional animator and says his life's work is on that computer. he says the incident has left him shaken. ( tiffany ) a similar incident happened at that starbucks earlier this month. multiple young men ran into the store and stole laptops. starbucks says it's working with police to help catch the robbers. (mark) police are searching for the gunmen who fired several gun shots into two homes in berkeley. the shooting happened monday afternoon near san pablo park but we are just learning about it this morning. a large group of teens shot into two homes from their car while dri

starbucks a very different story. tepid results, and that puts greater pressure on the deal they have made with china, offer ono china to sales. they are missing sales projections. they are closing stores. tea venture didn't work. they are cutting more than 3000 jobs. the chinese deal is the largest in the history of starbucks. they are trying to take over control of 1300 cafes in china that they hope will make the difference going forward. on chinaoubling down for sure, starbucks. meanwhile, we just talked about oil. wti within striking distance of $50 a barrel. with the oil companies cutting their drilling budget, what behind that move? companies could need oral to get above $50, and it's not there yet. andeed oil to get above $50 it's not there yet. it hasn't been above $50 since may. while oil is moving higher on two things, yes, the opec cart is starting to take effect, but there is a huge drop in u.s. inventory since the beginning of the year, since january. that also is pegging prices higher. theset's look at c

starbuck apologized but it's too late and i decided to make my own coffee at home.times i have problems. all right, tyrus, this is how you do it. you show up and pay, you don't show up in lecture but you show up and -- >> it doesn't get better than that. i hope the people that were teasing her were on because she'll be like back and they thought shall be like with your friends. yes, how's that coffee. they made a great point and you respect the stuff, you understood why and starbucks apologized and well done. stated they could've thrown rocks and chanting in awkward success but it wasn't necessary. that is a great protest. greg: cat, are you seeing in evolution of the right becoming confident in their taking it to the left with humor and doing things they never would've done before? >> in some cases i think there are, of course, some people who would -- i don't like to say these people are the right or even from supporters. the lunatics and maniacs that are on twitter and tweets say negative things about trump and i don't think there people such as nightmares. of co

another starbucks worker did not notice what was happening and continued to clean the tables.ber ran away but was captured a short time later and taken to the hospital. he is facing charges of armed robbery and assault with a deadly weapon. craig jerry had minor injuries but is expected to completely recover. >>> we are following a developing story in san jose where hazardous material team was called into the hotel, we will take you live at 7:00. >>> the navy's newest aircraft carrier and we will show you how the uss gerald r. ford is a lot different from other ships. >>> possible relief for college students and what it means for the future of student loans. >>> it will be a different commute in some areas and for example completely light in marin county and we will let you know more about your commute coming out. >>> inland communities get relief from the heat as we track the cooldown for the bay area monday, more coming up. >>> welcome back to mornings on 2 as we take a live look at the dow, down 38 points, 21,540. the nasdaq and s&p 500 down by each, 4 points. it is a big w

of this starbucks in alameda. starbucks says it's working with local authorities on both investigations, adding the safety of customers and employees is top priority. >> two bay area men are facing uncertain futures. the undocumented men were arrested by immigration agents thursday in hayward. they're held for deportation. the men both have american-born children and have lived in the u.s. for more than a decade. two other men were picked up in may. the marin ij reports one of the men's attorneys blames the policies of the trump administration for i.c.e.'s crackdown. >> nancy pelosi believes president trump is taking the wrong approach when it comes to his effort to repeal obamacare. the president indicated he's ready to cut off payments to insurance companies beginning tomorrow. certain parts of the health care system could collapse if the payments stop. mr. trump has also said the senate should once again focus on repealing and replacing the affordable care act. the repeal bill failed last week. >>> california s

a man walks into a starbucks store wearing a transformers mask. carrying a replica handgun and demanded money. when the cashier seemed to hesitate the robber pulled out a large knife and that's when the 58-year-old grabbed a chair and hit the robber from behind twice the the suspect turned the knife on him but he overpowered him and managed to stab him several times. another starbucks worker did not seem to notice that commotion and kept cleaning the stable -- claiming the tables. he faces armed robbery and assault with a deadly weapon charges.>>> two me area residents when the 40th san francisco marathon today. we were at the marathon and how the event affected traffic on the golden gate bridge. >> from 6:00 a.m. until 9:00 the length had been shut down to traffic that things are back to normal with traffic moving back on the bridge promptly at 9:00. the final renders were moved onto the sidewalk and you see traffic act open again. at 7:30 am that's when you can really see the most people running on the golden gate bridge. there were an estimated

the next starbucks employee did not notice the commotion and continue cleaning tables. the robber was caught a short time later and facing armed robbery, assault with a deadly weapon charge, and jerry did receive minor injuries but is expected to completely recover. >> that is incredible. >>> it is 4:38 am. >>> after several car break-ins in livermore and brentwood, the damage caused in only a few minutes to dozens of vehicles in the east bay. >>> the record-setting day of the san francisco marathon, the details on the winners and the closure of the golden gate bridge. >>> we have no major traffic problems right now when it comes to the major roadways. highway 24 looks okay heading up toward the tunnel. >>> cooler weather to start for your bay area on this monday, and we will show you what to expect coming up. food. water. internet. we need it to live. but what we don't need are surprises, like extra monthly fees. i see you, fee, played by legendary actress anjelica huston. you got me, mark. we just want fast internet for one, simple rate. for all the streaming and the

starbucks is shutting down its teavana stores. all storefronts are closing - including a local one at the pentagon mall. starbucks says meet performance expectations. the closures impact 33-hundred workers. firefighters are known to save cats in trees. but this was a much different kind of animal rescue. take a look at this video from miami beach. and that's a firefighter- jumping into the bay - to help a distressed dog, trying to swim. they use a backboard to help hoist him up out of the water. and a short time later, there was a joyful reunion as the pup finds his owner waiting for him at city hall. there is much more ahead on good morning washington. sam sweeney what are you working on for 5 o-clock? fios is not cable. we're a 100% fiber optic network. you get our fastest... internet ever. with download speeds up to 940 megs - 20 times faster than most people have. switch to fios gigabit connection with tv and phone for $79.99 a month online for the first year. plus hbo for one year