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January 27, 2013
14:21 EDTXOM, YUM, CMI, CAT, BTU, CLFChina December industrial profits up 17.3%, Reuters says
Official data shows profits from China's industrial companies are up 17.3% percent in December year over year to 895.2B yuan ($143.91B) as a fourth quarter recovery offset poor Q3 data, says Reuters. Reference Link
News For CAT;YUM;CLF;CMI;XOM;BTU From The Last 14 Days
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December 10, 2014
08:27 EDTYUMYum! Brands valuation still attractive, says Bernstein
After Yum! negatively preannounced China sales and issued FY15 EPS guidance, Bernstein thinks the company's FY15 guidance is "appropriately conservative." The firm expects the company;'s China results to accelerate in 2H15, and adds that the company will likely face added pressure to unlock value if the pace of its China recovery is slower than expected. The firm keeps an Outperform rating on the shares.
08:04 EDTXOMExxon Mobil management to meet with UBS
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07:56 EDTYUM, YUMYum! Brands downgraded to Outperform from Buy at CLSA
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07:46 EDTYUMYum! Brands shares defended at Stifel
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07:39 EDTYUMYum! Brands now a 'show me' story, says UBS
UBS noted Yum! Brands revised its forward guidance and was disappointed as it undermined the confidence in the pace of the China recovery. The firm feels the guidance could be conservative, but said Yum! Brands is now a "show me" story with less benefit of the doubt offered ahead of a demonstrated recovery. UBS reiterated its Buy rating and $85 price target on Yum! Brands shares.
07:05 EDTYUMYum! Brands guidance could be conservative, says RBC Capital
After Yum! preannounced lower than expected China sales, RBC Capital was surprised by the news, but thinks the company's outlook for at least 10% EPS growth in 2015 could be conservative. The firm trimmed its price target on the name to $82 from $85 but keeps an Outperform rating on the shares.
06:43 EDTYUMYum! Brands to allow Chinese consumers to tour KFC kitchens, Reuters reports
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December 9, 2014
18:21 EDTYUMOn The Fly: After Hours Movers
UP AFTER EARNINGS: Korn/Ferry (KFY), up 3.1%... Analogic (ALOG), up 2.7%. DOWN AFTER EARNINGS: Freshpet (FRPT), down 8.5% after reporting quarterly results... Krispy Kreme (KKD), down 4.9%... Broadcom (BRCM), reverses to down just below 1%. ALSO LOWER: Agios Pharmaceuticals (AGIO), down 1.9% after filing to sell $175M of common stock... Yum! Brands (YUM), down 4.6% after providing fiscal 2015 operating guidance.
16:27 EDTYUMYum! Brands down over 3% following FY14, FY15 guidance
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16:24 EDTYUMYum! Brands sees FY14 mid-single-digit adjusted EPS growth, consensus $3.24
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16:22 EDTYUMYum! Brands CEO says 'firmly committed to double-digit EPS growth in 2015'
Greg Creed, CEO effective January 1, 2015, said, “We are firmly committed to returning to double-digit EPS growth in 2015, delivering at least 10% growth with the potential to do significantly better. We fully expect to bounce-back in China and benefit from tremendous sales leverage as sales rebound. We have solid plans to drive same-store sales growth and margin improvement in China, while continuing to open new restaurants with confidence in the world’s fastest-growing economy. Further, sustained momentum at our KFC and Taco Bell Divisions, and the recent relaunch of our Pizza Hut U.S. business are also expected to contribute to our double-digit EPS growth. Our brands are the global leaders in their respective categories, and we expect to build on this strength with breakthrough product innovation, insight-driven marketing and digital leadership in the years ahead. Overall, we expect to open over 2,100 new international restaurants next year, further strengthening our lead in emerging markets. We remain focused on the three keys to driving shareholder value: same-store sales growth, new-unit development and generating high returns on invested capital. I’m confident we’ll deliver full-year EPS growth of at least 10% in 2015 and produce consistent double-digit EPS growth over the long term.”
16:20 EDTYUMYum! Brands provides FY15 operating guidance
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16:18 EDTYUMYum! Brands sees FY14 China division SSS negative mid-single digits
The company said, "As previously reported, China Division sales were significantly impacted by adverse publicity in July regarding improper food handling practices by a former supplier. Sales continue to recover, but at a slower pace than expected. We estimate China Division full-year same-store sales will be negative mid-single digits. With this assumption, we now estimate mid-single-digit full-year EPS growth, excluding Special Items." FY14 EPS consensus $3.24.
16:16 EDTYUMYum! Brands sees FY15 EPS growth at least 10%, consensus $3.78
Yum! expects to deliver at least 10% EPS growth in 2015, excluding Special Items.
08:55 EDTXOMExxon Mobil to hold a webcast
Vice Presidents Colton and Cohen hold a webcast to launch ExxonMobil's 2015 Outlook for Energy: A View to 2040 on December 9 at 1 pm. Webcast Link
December 8, 2014
09:13 EDTYUMYum! Brands to host analyst and investor meeting
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08:09 EDTXOMExxon Mobil management to meet with UBS
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07:53 EDTXOMClimate for Exxon E&P acquisition improved by falling prices, WSJ says
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07:26 EDTBTUPeabody still sees FY14 coal sales volumes 245M-255M tons
Peabody Energy Corporation said in a filing that it reaffirms its prior guidance regarding 2014 coal sales volumes, U.S. revenues per ton, operating costs and expenses per ton and capital spending. Specifically, Peabody continues to target full-year 2014 sales volumes of 245 to 255 million tons, including U.S. sales of 185 to 190 million tons and Australian sales of 36 to 38 million tons. Peabody's targeted 2014 Australian sales volumes include 16 to 17 million tons of metallurgical coal and 12 to 13 million tons of seaborne thermal coal. In the U.S., Peabody continues to project a 2% to 4% decrease in revenues per ton compared to the prior year. Peabody also continues to expect a 1% to 3% decrease in its U.S. operating costs and expenses per ton in 2014 compared to the prior year and 2014 Australian operating costs and expenses of approximately $70 per ton, in addition to 2014 capital spending levels of $200M-$220M.
06:46 EDTYUMYum! Brands coverage resumed with a Sell at Goldman
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