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SWINGS TO NET PROFIT IN Q3 Total revenue fell to $2.4 billion from $2.6 billion Starbucks global same-store sales fell 5 percent. Russo said the forecast for the current quarter was roughlyin-line with expectations. Consumers are having adifficult time, unemployment continues to rise," Alstead said. The CFO forecast earnings for the current fourth quarter torange from 19 cents to 20 cents per share, excluding items,below Wall Street's average expectation for 21 cents per share,according to Reuters Estimates. Alstead declined to say when the company's closely-watchedsales at established restaurants would turn positive, addingthat he expects the economy will take a long time to recover "We're not prepared to make that projection yet .. it'sstill a very, very uncertain economy. Starbucks is not seeing its dominant market share dented bylower-cost rivals such as fast-food giant McDonald's Corp(MCD.N), Chief Financial Officer Troy Alstead told ReutersTelevision.

For fiscal 2010, Starbucks expects earnings per sharegrowth of 13 percent to 18 percent, excluding restructuringcharges. "You saw adjusted EPS rise year-over-year for the firsttime in six quarters," said Greg Schroeder, analyst at WiscoResearch LLC, an independent research firm. That bested analysts' average forecast of 19 cents pershare, according to Reuters Estimates. A year earlier,Starbucks reported a net loss of $6.7 million, or 1 cent pershare -- its first quarterly net loss as a public company.

Excluding restructuring charges, Starbucks earned 24 centsa share in the latest quarter. Results were helped by costcuts, eliminating unproductive stores, lower tax rates andhigher interest income, Edward Jones analyst Jack Russo said. Net income for its fiscal third-quarter ended June 28 was$151.5 million, or 20 cents per share. stores fall 6 percent * CFO sees no market share loss to McDonald's, others * Shares jump 9.7 percent after hours (Adds executive and analyst comment, forecast, byline, detailsthroughout) By Lisa Baertlein LOS ANGELES, July 21 (Reuters) - Starbucks Corp (SBUX.O)posted much better-than-expected quarterly earnings on Tuesdayas the coffee chain began reaping rewards from slashing costsand closing stores, sending its shares up 9.7 percent. * Q3 adj EPS 24 cents tops Wall Street view of 19 cents Stocks * Sales at established U.S. Commonunits of TC PipeLines, LP are quoted on the NASDAQ Stock Market and tradeunder the symbol "TCLP." For more information about TC PipeLines, LP,visit the Partnership's website at PipeLines, LPMedia Inquiries:Cecily Dobson/Terry Cunha(403) 920-7859 or (800) 608-7859TC PipeLines, LPUnitholder and Analyst Inquiries:Terry Hook(877) 290-2772Email: Copyright 2009, Market Wire, All rights reserved.-0-.

TCPipeLines, LP is managed by its general partner, TC PipeLines GP, Inc.,an indirect wholly owned subsidiary of TransCanada Corporation TCPipeLines GP, Inc also holds common units of TC PipeLines, LP. North Baja is an 80-mile natural gas pipeline thatextends from Southwestern Arizona to a point on the California/Mexicoborder and connects with a natural gas pipeline system in Mexico. The1,249-mile Northern Border Pipeline transports natural gas from theMontana-Saskatchewan border to markets in the midwestern United States.Tuscarora owns a 240-mile pipeline system that transports natural gasfrom Oregon, where it interconnects TransCanada's Gas TransmissionNorthwest System, to markets in Oregon, Northern California, andNorthwestern Nevada. Great Lakes is a 2,115-mile pipelineserving markets in Minnesota, Wisconsin, Michigan and eastern Canada. (CDT) and midnight (EDT),Thursday, August 6, 2009, by dialing (800) 408-3053, then entering passcode 6521618#.TC PipeLines, LP has interests in approximately 3,700 miles of federallyregulated U.S. interstate natural gas pipelines, including Great LakesGas Transmission Limited Partnership (46.45 per cent ownership), NorthernBorder Pipeline Company (50 per cent ownership), Tuscarora GasTransmission Company (100 per cent ownership) and North Baja Pipeline,LLC (100 per cent ownership). A live webcast of the conference call will also be availablethrough the Partnership's website at An audioreplay of the call will be maintained on the website.A replay of the conference call will also be available two hours afterthe conclusion of the call and until 11:00 p.m.

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