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Solar Storm Alert: Earth To Be Bombarded By Solar Particles In A Few Days

There is an upcoming solar storm expected this weekend. Researchers have noticed a sunspot that will bombard the Earth with solar particles on Monday.

Sunspots are patches of darkness on the Sun which are caused by an underlying magnetism beneath the surface. A solar storm occurs when that magnetism bubbles up and is released in the form of solar flares, which spew cosmic particles into space. Earth is in the path of these particles, so we can expect an exceptional aural display at the poles soon!

Auroras are caused when solar particles hit the atmosphere. These include the northern lights, or aurora borealis and southern lights, or aurora australis. Both are expected to put on incredible shows thanks to this solar storm. The light show will appear when the magnetosphere gets bombarded by solar winds and that layer of the atmosphere deflects the particles.

According to the Express, a cosmic forecasting website called Space Weather said:

“A minor hole in the sun’s atmosphere is turning toward Earth and spewing a stream of solar wind in our direction. The estimated time of arrival is April 22nd. Geomagnetic unrest and polar auroras are possible when the gaseous material arrives.”

Solar particles have been responsible for power grid failures and disruption in communications systems on Earth when they’ve been strong enough. A surge of particles can lead to high currents in the magnetosphere, which can cause a higher than normal level of electricity in power lines. The results could be devastating, especially considering Earth’s magnetic field is weakening. Eventually, as a solar storm could cause electrical transformers and power stations blowouts and a loss of power. Solar storms can also affect satellites in orbit, potentially leading to a lack of GPS navigation, mobile phone signals, and satellite TV.

Earth’s magnetic field is getting significantly weaker, the magnetic north pole is shifting at an accelerating pace, and scientists readily admit that a sudden pole shift could potentially cause “trillions of dollars” in damage. Today, most of us take the protection provided by Earth’s magnetic field completely for granted. It is essentially a colossal force field which surrounds our planet and makes life possible. And even with such protection, a giant solar storm could still potentially hit our planet and completely fry our power grid. But as our magnetic field continues to get weaker and weaker, even much smaller solar storms will have the potential to be cataclysmic. And once the magnetic field gets weak enough, we will be facing much bigger problems. As you will see below, if enough solar radiation starts reaching our planet none of us will survive. -Michael Snyder, The Economic Collapse Blog

The weakening magnetic field could have apocalyptic implications for all of us. Increased cancer rates will occur and there will be increasingly dangerous outcomes of fairly minor solar storms such as the one expected on Monday.



Alex Jones talks over the phone with callers and gauges their reactions to AG Barr discussing the redacted first part of Mueller’s report.

Source: InfoWars

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After synagogue attack, Pittsburgh tries again to curb guns

Gun-control legislation introduced in wake of the Pittsburgh synagogue massacre is moving through the City Council, but Second Amendment advocates are promising a swift legal challenge if the city's latest effort to regulate firearms becomes law.

The legislation would place restrictions on military-style assault weapons like the AR-15 rifle that authorities say was used in the Oct. 27 rampage at Tree of Life Synagogue that killed 11 and wounded seven. It would also ban most uses of armor-piercing ammunition and high-capacity magazines, and would allow the temporary seizure of guns from people who are determined to be a danger to themselves or others.

Council is scheduled to hold an initial vote Wednesday. If it passes, a final vote will be held April 2.

"It's time to fight back against this senseless violence," Democratic Councilman Corey O'Connor, a co-sponsor, said in an interview ahead of the vote.

The three-bill package — proposed not long after the deadliest attack on Jews in U.S. history — was watered down last week in an effort to make it more likely to survive a court challenge.

State law has long prohibited municipalities from regulating the ownership or possession of guns or ammunition. While one of the Pittsburgh bills originally included an outright ban on assault weapons, the revised measure bars the "use" of assault weapons in public places. A full ban on possession would only take effect if state lawmakers or the state Supreme Court give municipalities the right to regulate guns — which even the bill's boosters say is an unlikely prospect in a largely rural state where legislative majorities have been fiercely protective of gun rights.

"It's an uphill battle, but we're trying to look at every angle to get a win," O'Connor said.

Pro-gun advocates cast the amended legislation as an attack on the right to bear arms and said they will immediately file suit if City Council approves the bills.

"All of it's illegal. Pennsylvania preemption law says that no municipality, period, may in any manner regulate. And that's at the heart of what they're doing," said Kim Stolfer, president and co-founder of Firearms Owners Against Crime.

Allegheny County District Attorney Stephen Zappala Jr., a Democrat, told city council members in January that while he understood their desire to curtail gun violence, their proposed remedies were unconstitutional. A spokesman said Zappala had not seen the revised legislation, and declined comment on its merits.

Pittsburgh and its larger counterpart to the east, Philadelphia, have tried before to enact gun legislation, with mixed results.

Both cities passed assault-weapons bans in 1993. The state Legislature quickly took action to invalidate the measures, and the Pennsylvania Supreme Court ruled that city officials had overstepped.

Philadelphia tried again in 2008, enacting limits on gun purchases and another ban on assault weapons. The state Supreme Court threw out both ordinances, but ruled the city could enforce three other measures: one that requires people to report lost or stolen firearms; another that empowers police to seize guns from people posing a risk to themselves or others; and a third that bans gun ownership for anyone subject to a protection-from-abuse order.

Pittsburgh has had its own lost-and-stolen law for more than a decade, but it's never been enforced. Tim McNulty, a spokesman for Democratic Mayor Bill Peduto, said the city is reconsidering that stance in wake of the synagogue massacre and a recent announcement by Philadelphia District Attorney Larry Krasner that he intended to begin enforcing that city's lost-and-stolen ordinance.

Peduto, who has long advocated for stricter gun laws, has thrown his weight behind the new legislation.

"Pittsburgh owes it to those murdered at Tree of Life and countless others living in fear of gun violence every day in city neighborhoods to take this cause on," McNulty said.

Second Amendment attorney Joshua Prince, who represents Stolfer's pro-gun group and has won a string of victories against Pennsylvania municipalities that enacted gun measures, called the latest Pittsburgh effort to restrict firearms "political grandstanding" and predicted it will fail.

Source: Fox News National

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France repatriates small children from camps in Syria

France says it has brought back several small children held in camps in Syria, as governments debate what do with the Islamic State group's foreign fighters and their families.

The French Foreign Ministry said in a statement that the French children were brought back Friday from camps in northeastern Syria. The children are all 5 or younger, and some are orphans.

The statement said the Western-backed Syrian Democratic Forces made the handover possible, without elaborating. The SDF is working to defeat IS in its last bastion in Syria.

The ministry said the children will get medical and psychological treatment, and stressed that French adults who fought with IS should be prosecuted in the country where they committed crimes.

French jihadis made up the largest contingent of European recruits to IS.

Source: Fox News World

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Fires at Missouri city hall, police station, ex-mayor’s home have some suspecting cover-up, others hate crime

Shortly after Tyus Byrd ended her tenure as mayor and swore in a new leader for Parma, Missouri -- the politician who had bested Byrd in the election --  fires broke out at Byrd's home, the city's police station and city hall.

Police have called the fire in the former mayor’s home suspicious, and say the blaze at Parma City Hall was caused by arson.

The fires caused considerable damage. Byrd’s home was completely destroyed, and the main computer and many official records at Parma City Hall have been ruined, officials said.

Adding further intrigue is an announcement by state auditors about an investigation into the handling of finances -- while Byrd was mayor.

Several government agencies at the local, county and state levels are offering rewards for information leading to a conviction, KFVS12.com reported.

But in the absence of a clear suspect, there are predominantly two theories swirling about the multiple blazes, according to The New York Times. One possibility is that the fires may have been set to destroy evidence. Others, however, believe the blazes targeted Byrd, who was the city's first black mayor.

“There are tons of theories,” New Madrid County Deputy Sheriff Chris Hensley told the New York Times. “Whenever we go to the local store to get water or sodas, people are steadily talking about this and trying to help us with it.”

MICHIGAN MOTHER ORDERED TO STAND TRIAL AFTER FIRE KILLS KIDS 

The new mayor, Rufus Williamson Jr., is trying to stay clear of the speculation, but the fires have undeniably affected the nascent administration, which has to get up and running without the assistance of some crucial town records.

“I hear a lot of rumors, a lot of this and that,” he told the Times. “But I don’t really have anything to tell you I can put my foot on.”

The investigation into the city’s finances during Byrd's time in office arose from a whistle-blower tip the state auditor received about questionable practices in payroll and the management of municipal assets, among other things.

The state started the investigation in January and found the tip to be credible, the Times reported, leading the agency to take a deeper look.

Those who believe Byrd, because of her race, is not a suspect but a victim of the near-simultaneous fires note the resignations of several Parma employees -- including four of the city’s six police officers – just before Byrd was sworn in as mayor in 2015. Byrd, a former city clerk, took office after defeating Randall Ramsey, who had held the job for 37 years.

Since the employees who quit were all white, and their resignations happened amid the backdrop of protests and racial tensions in Ferguson, Missouri following the police shooting of Michael Brown, an African-American teenager, the exodus was viewed by some as being racially motivated.

But, the New York Times noted, others attributed it to differences between the former mayoral administration and Byrd’s incoming one.

A Parma city official, Alderman Allen Hampton, told the Times the Internal Revenue Service said the city was thousands of dollars in arrears. Businesses accused the former administration of not paying money owed to them.

Hampton, for one, believes the fires were an attempt at a cover-up.

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“It was definitely arson,” he said. “And it was, everyone would assume, to cover up and burn evidence."

Meanwhile, Byrd’s husband, Adrian, is convinced the fire at their home was a hate crime.

But Hensley, the deputy sheriff, said there is no evidence pointing authorities to such a conclusion.

Byrd’s father, Simon Wofford, who is a city alderman, denied any attempt to destroy financial records.

“When my daughter came in the office, she made some changes to make things better,” Wofford said.

Source: Fox News National

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Italian cabinet infighting overshadows growth plan

FILE PHOTO: Matteo Salvini, Italy's Deputy Prime Minister and leader of the far-right League Party, speaks as he launches campaigning for the European elections
FILE PHOTO: Matteo Salvini, Italy's Deputy Prime Minister and leader of the far-right League Party, speaks as he launches campaigning for the European elections, in Milan, Italy April 8, 2019. REUTERS/Alessandro Garofalo/File Photo

April 24, 2019

By Giuseppe Fonte and Gavin Jones

ROME (Reuters) – Italy’s government approved an economic growth plan in the early hours of Wednesday after a bad-tempered cabinet meeting that exposed divisions in the ruling coalition and fuelled speculation about a government collapse.

The infighting overshadowed media coverage of the “growth decree” which called for tax breaks and investment incentives and for simplified procedures for public tenders.

The ruling parties, the right-wing League and anti-establishment 5-Star Movement, are feuding as they compete for votes ahead of European Parliament elections on May 26, stoking investor fears that the government could fall.

The government had presented the decree as a landmark in its efforts to kickstart Italian growth, which has lagged euro zone peers for two decades, but it instead served to underline an intensifying feud between the coalition partners’ leaders.

5-Star chief Luigi Di Maio showed up for the meeting more than an hour late, after using a TV appearance to call for a junior League minister to resign over a corruption scandal. League leader Matteo Salvini has refused to sack the minister.

“It’s official – there are two governments,” read the front-page headline in national daily newspaper La Repubblica.

Di Maio and Salvini repeatedly say they want the alliance to continue even as they attack each other on a range of issues, and they have shown no willingness to compromise over the future of the League official at the centre of the scandal.

Armando Siri, a transport ministry undersecretary and economic adviser to Salvini, has been put under investigation for allegedly accepting bribes to promote the interests of renewable energy firms. Siri denies any wrongdoing.

“I plan to govern for a full mandate and I have no intention of sending Italians to (early) elections,” Salvini told reporters on Wednesday.

He added that he would not push for a cabinet reshuffle to have more weight in government after the EU elections, where the League is likely to be the largest party, opinion polls suggest.

He said Prime Minister Giuseppe Conte – an academic who is from neither ruling party but is close to 5-Star – had not asked for Siri’s resignation. Shortly afterwards Conte said he would speak to Siri, without giving further details.

DEBT RELIEF CHANGE

The growth decree contained few surprises, though the dispute was reflected in a change to one of the decree’s major measures – debt relief for the municipality of Rome, which is run by 5-Star.

The decree was less generous than an original draft of the plan after criticism from the League.

Cabinet also broadened the scope of its plan to compensate savers hit by the country’s recent banking crisis, making the money available to those with an annual income of up to 35,000 euros ($39,000) or with assets of up 200,000 euros.

The asset test was raised from 100,000 euros in the original draft, but it later emerged the amended scheme with the higher threshold would be conditional on EU approval.

The decree also gave the green light for the government to potentially take an equity stake in any vehicle set up to rescue loss-making airline Alitalia. The government is desperate to save the carrier and avoid mass layoffs.

Italy last year unveiled a big-spending budget for 2019, rattling the euro and other financial markets, but it has so far had little impact on growth. The economy slipped into technical recession at the end of 2018 and is now barely expanding.

Italy, the euro zone’s second-most indebted nation after Greece, had public debts equalling 132.2 percent of GDP in 2018, up from 131.4 percent in 2017.

($1 = 0.8923 euros)

(Editing by Giselda Vagnoni, Mark Bendeich and Alison Williams)

Source: OANN

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Biogen first-quarter profit rises 20 percent on Spinraza strength

A sign marks a Biogen facility in Cambridge
FILE PHOTO: A sign marks a Biogen facility in Cambridge, Massachusetts, U.S. January 26, 2017. REUTERS/Brian Snyder

April 24, 2019

(Reuters) – Drugmaker Biogen Inc reported a 20 percent rise in first-quarter profit on Wednesday, driven by higher sales of its muscle disease treatment Spinraza.

Spinal muscular atrophy treatment Spinraza brought in $518 million in the quarter, beating Refinitiv IBES estimates of $486.4 million.

Multiple sclerosis drug Tecfidera, which brought in $999 million in the quarter, missed estimates, and faces several challenges to its intellectual property, which is key to shielding the blockbuster drug from generic competition.

Net income attributable to the company rose to $1.41 billion, or $7.15 per share, in the quarter ended March 31, from $1.17 billion, or $5.54 per share, a year earlier. (https://bit.ly/2L1UlKL)

On an adjusted basis, the company earned $6.98 per share.

Total revenue rose to $3.49 billion, beating estimates of $3.39 billion.

(Reporting by Manojna Maddipatla and Saumya Sibi Joseph in Bengaluru; Editing by Shounak Dasgupta)

Source: OANN

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Rep. Tim Ryan launches presidential bid, says he can send Trump back to Mar-a-Lago

Touting his ability to win the midwestern states that vaulted Donald Trump into the White House in 2016, Democratic Rep. Tim Ryan of Ohio on Thursday declared his candidacy for the presidency.

“I’m going to run for president of the United States,” Ryan said during an appearance on ABC's “The View.”

RYAN WARNS DEMOCRATS NOT TO BE 'HOSTILE TO BUSINESS'

Ryan, who’s represented much of northeastern Ohio in Congress for nearly two decades, highlighted on his new campaign website his inspiration to launch a presidential bid.

“When our local GM factory was shut down last Thanksgiving, I got a call from my daughter who was consoling her friend whose father was an auto worker and was just laid off. My daughter said to me, with tears in her voice, ‘You have to do something,’” Ryan explained.

Ryan, who describes himself as a "lifelong Rust Belt native," said in his TV appearance that “I can win western PA, I can win Ohio. I can win Michigan. I can win Wisconsin. And that means Donald Trump is going back to Mar-a-Lago (the Florida resort owned by Trump) full time.”

And criticizing his own party, the congressman spotlighted that “we stopped going to rural America. We stopped going to these working-class towns.”

With many of his rivals for the Democratic nomination pushing progressive policies favored by the party’s activist class, Ryan pushed back against the perception that he’s a strictly centrist or moderate politician.

“I’ve got a really long record around progressive politics, especially when it comes to the economy. Voted against the Bush tax cuts. Voted against the Trump tax cuts. Believe in investment into lifting people up, closing the opportunity gaps that exist in our society,” he stressed.

The congressman highlighted that “I’m a progressive who knows how to talk to working-class people and I know how to get elected in working-class districts. Because at the end of the day the progressive agenda is what’s best for working families.”

But in an interview in February with Fox News, Ryan warned that his party has to be “very careful” not to appear too anti-business as it tries to win back the White House.

“I think we’ve got to be very careful. We come off sometimes as hostile to business,” he lamented as he spoke the day after self-proclaimed democratic socialist Sen. Bernie Sanders of Vermont launched his second straight White House campaign.

Asked by Fox News how he’d stand out in a large field of 2020 Democratic contenders including many with bigger names and bigger fundraising figures, Ryan pointed to his experience living in northeast Ohio, where he’s watched “this economic train wreck happen to my family, my friends, my community ... and in 16 years in Congress, I’ve been working extremely hard to rebuild these communities.”

Ryan gained national stature in 2016 as he launched an unsuccessful challenge to unseat Nancy Pelosi as Democratic House leader. The nine-term congressman also was one of the leaders late last year of the failed intra-party attempt to prevent Pelosi returning to the House speakership.

Ryan will formally launch his campaign Saturday in Ohio.

Source: Fox News Politics

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A worker walks on the roof of a new home under construction in Carlsbad
FILE PHOTO: A worker walks on the roof of a new home under construction in Carlsbad, California September 22, 2014. REUTERS/Mike Blake

April 26, 2019

NEW YORK (Reuters) – The U.S. economy is growing at a 2.08% annualized pace in the second quarter based on upbeat data on durable goods orders and new home sales in March, the New York Federal Reserve’s Nowcast model showed on Friday.

This was faster than the 1.92% growth rate calculated by the N.Y. Fed model the week before.

(Reporting by Richard Leong; Editing by Chizu Nomiyama)

Source: OANN

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Extraordinary European Union leaders summit in Brussels
FILE PHOTO: Italian Prime Minister Giuseppe Conte arrives at an extraordinary European Union leaders summit to discuss Brexit, in Brussels, Belgium April 10, 2019. REUTERS/Yves Herman

April 26, 2019

(Reuters) – Italian Prime Minister Giuseppe Conte said on Friday he had assured China’s Huawei Technologies that it would not face discrimination in the rollout of Italy’s 5G telecoms network.

Conte was speaking on a visit to China where he said he met Huawei’s chief executive, Ren Zhengfei. The prime minister’s comments were carried in Italy by TV broadcaster Sky Italia.

“I told him that we have adopted some precautions, some measures to protect our interests that demand very high levels of security … not only from Huawei but any company entering into the 5G arena,” he said.

Huawei, the world’s biggest producer of telecoms equipment, is under intense scrutiny after the United States told allies not to use its technology because of fears it could be a vehicle for Chinese spying. Huawei has categorically denied this.

(Writing by by Mark Bendeich; Editing by Angelo Amante)

Source: OANN

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U.S. President Trump departs for travel to Indianapolis from the White House in Washington
U.S. President Donald Trump talks to reporters as he departs for travel to Indianapolis, Indiana from the White House in Washington, U.S., April 26, 2019. REUTERS/Jonathan Ernst

April 26, 2019

WASHINGTON (Reuters) – President Donald Trump on Friday was expected to announce his intention to revoke the United States’ status as a signatory of the Arms Trade Treaty, which was signed in 2013 by then-President Barack Obama but never ratified by Congress, two U.S. officials said.

Trump was expected to announce the decision in a speech in Indianapolis, to the National Rifle Association, the officials said. The NRA, a powerful gun lobby group, has long been opposed to the treaty, which was negotiated at the United Nations.

(Reporting By Steve Holland; Editing by Bill Trott)

Source: OANN

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A remote controlled robot for the 'Isotopium: Chernobyl' game is seen at the game's location in Brovary
A remote controlled robot for the ‘Isotopium: Chernobyl’ game is seen at the game’s location in Brovary, Ukraine April 25, 2019. REUTERS/Valentyn Ogirenko

April 26, 2019

By Margaryta Chornokondratenko

KIEV (Reuters) – A Ukrainian computer game that brings to life a town abandoned after the Chernobyl nuclear disaster may not sound like everyone’s idea of fun but has attracted 60,000 people globally since its launch in October.

Players of “Isotopium: Chernobyl” drive tanks around the ghost town of Prypyat near Chernobyl, knocking out competitors as they search for an energy source called isotopium and collecting points every time they find some.

While the game takes its theme from the nuclear disaster at Chernobyl in northern Ukraine, which marked its 33rd anniversary on Friday, it was also inspired by the 2009 science fiction film “Avatar”.

Newcomers to the game think they have entered a virtual world when in fact they are controlling a real robot, equipped with a camera and computer, which makes its way around a model of the town rendered down to the tiniest detail.

“When playing our game, for the first 5-10 minutes many players don’t understand that it is not fictional,” said the game’s co-founder Sergey Beskrestnov. “They message us saying: ‘You have cool texture, you have good graphics, your designer is good, well done. You have a cool operating system.’

“People then reply: ‘It is not an operating system, it is real,’ and the player can’t believe it is real,” said Beskrestnov, speaking mid-game from Prypyat city square as he towers over surrounding five-storey buildings.

Kiev-born Beskrestnov was just 12 years old when on April 26, 1986 a botched test at the nuclear plant in the then Soviet Union sent clouds of smoldering nuclear material across large swathes of Europe, forced over 50,000 people, including Beskrestnov’s family, to evacuate and poisoned unknown numbers of workers involved in its clean-up.

Beskrestnov and his partner Alexey Fateyev used Google maps and hundreds of pictures from the Chernobyl area to recreate Prypyat landmarks, including residential buildings, a hotel, concert hall, amusement park and a stadium.

The game’s real-scale model occupies a 180 square meter (1,938 sq. ft) basement of a residential building in the Ukraine city of Brovary, just 150 km (93 miles) from the Chernobyl Exclusion Zone and 30 km east of Kiev.

Miniature radioactivity warning signs, graffiti on the walls of abandoned buildings and tables and chairs left scattered inside a small cafe all add to the creepy atmosphere of a once lively town.

“It’s a really neat concept …,” Shaun Prescott wrote in a review of the game published by PC Gamer magazine in January. “Controlling the tanks is kinda cumbersome, but they are tanks, after all.”

An attentive player will notice at least one inaccuracy – the real Chernobyl nuclear power plant is not located in town as it is in the game.

It costs $9 to immerse in the atmosphere of a post-apocalyptic town for an hour but only 20 people at a time can play simultaneously. Beskrestnov’s company, Remote Games, said 62,615 people around the world have registered to play the game, including around 15,000 in France and 10,000 in the United States.

A camera fixed on top of a moving tank broadcasts high quality signal in real time, allowing players from as far apart as Australia and Canada enjoy the game without facing any time delay in delivering video signals.

Its creators next ambition is to devise a game featuring the colonization of Mars in which 1,000 people will be able to simultaneously control robots on different missions involved in the operation.

“Many people advise us to contact Elon Musk directly because it resonates his dreams and ideas,” Beskrestnov jokes.    

(Editing by Susan Fenton)

Source: OANN

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FILE PHOTO: A Starbucks sign is show on one of the companies stores in Los Angeles, California
FILE PHOTO: A Starbucks sign is show on one of the companies stores in Los Angeles, California, U.S. October 19,2018. REUTERS/Mike Blake/File Photo

April 26, 2019

(Reuters) – Initial optimism over first-quarter results from Starbucks Corp was waning fast on Wall Street on Friday, as analysts questioned the longer-term prospects of its new sales push given subdued overall customer traffic numbers especially in China.

The company on Thursday beat brokerage estimates for quarterly same-store sales on the back of demand for its new Cloud Macchiato, Matcha tea and cold brews in the United States.

However, BTIG’s Peter Saleh was one of a number of sector analysts who said while customers forking out for higher-priced new drinks had helped drive growth in same-store sales, “anemic” traffic at cafes remained a concern.

He and others pointed to a 1 percent decline in footfall at cafes in the Chinese market, viewed as crucial to the chain’s growth for the foreseeable future.

More broadly, transaction numbers, the substitute analysts use for customer traffic, were unchanged in all three of the company’s global regions.

Shares in the company, which hit a record high after the results on Thursday, fell 1 percent in morning trade.

“We remain cautious given near-term headwinds surrounding China, including cannibalization, increasing competition (and) a slowing economy,” Wedbush analyst Nick Setyan said.

Starbucks has also poured money into beefing up its delivery network in China as it battles with local startup Luckin Coffee, whose speedy growth led it to file for an IPO in the United States earlier this week.

New menu items and partnerships with delivery services, the heart of the company’s strategy to win back customers lost to artisanal coffee shops and cheaper fast-food rivals, did help Starbucks’ sales in its home market.

However, analysts said growth in China may continue to be subdued.

Wells Fargo analyst Bonnie Herzog said she expects store expansion in China to take priority over comparable sales growth.

She downgraded her rating on Starbucks’ to “market perform” from “outperform”, arguing that the company facing tough sales comparisons later on in 2019 from last year and the current rich valuation of shares meant the stock had limited room to rise.

“Investors will be hesitant to invest new money in a stock with a topline that, while still strong, is unlikely to meaningfully accelerate,” Herzog said.

Still, the company’s solid same-store growth in the United States, improving profit margins and a lower tax rate for the rest of the year led at least 6 Wall Street brokerages to raise their price targets on the stock to as high as $81.

11 of 29 brokerages rate Starbucks “buy” or higher, 17 “hold” and 1 “sell” or lower. Their median price target is $75.

(Reporting by Uday Sampath in Bengaluru)

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