News Snapshot:
Starbucks ' (SBUX) 12-session losing streak is finally over, with Wednesday's gain making a small dent in its recent decline of more than 10%. Despite persistent China concerns, which have been underlying the selling for nearly three weeks, we view the recent rough patch as a way to buy shares in a quality company at a discount. The rampant decline in Starbucks, which began on Nov. 17, took shares from about $107 to $95 apiece as of Tuesday's close, stripping away nearly $14 billion in market value. Even with Wednesday's nearly 1.6% advance, the stock has lost more than 2%...
