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Stock Market & Financial Investment News

News Breaks
July 10, 2014
17:02 EDTCOSI, YUMCosi names Scott Carlock as CFO
Cosi (COSI) announced that it has hired Scott Carlock as CFO. Carlock joins Cosi from quick-service restaurant leader Yum! Brands (YUM) where he has been employed for the past 13 years. He has held several senior finance and accounting roles with Yum! Brands, including Senior Manager of Finance for KFC US, Business Unit Controller and Senior Manager of KFC and Long John Silver, Associate Manager of SEC Reporting, and most recently, Tax Controller and Director where he led global tax planning and reporting.
News For COSI;YUM From The Last 14 Days
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February 11, 2016
07:31 EDTYUMHyatt names former Yum! CFO Patrick Grismer as CFO
Hyatt Hotels (H) announced the selection of Patrick J. Grismer as CFO, reporting to Mark Hoplamazian, president and CEO, effective March 14, 2016. Grismer joins Hyatt from his post as CFOat YUM! Brands, where he previously held a number of roles including chief planning and control officer and chief financial officer for YUM! Restaurants International.
February 4, 2016
09:51 EDTYUMYum! Brands: Economics in China 'not what they used to be'
09:39 EDTYUMYum! Brands says 2H operating profit to be 'directionally stronger' than 1H
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09:24 EDTYUMYum! Brands sees China SSS up low single digits in Q1
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06:15 EDTYUMYum! Brands names David Russell as interim CFO
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February 3, 2016
16:24 EDTYUMYum! Brands reports Q4 China KFC SSS up 6%
Reports Q4 China Pizza Hut Casual Dining SSS down 8%.
16:22 EDTYUMYum! Brands backs FY16 ex-currency operating profit growth 10%
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16:20 EDTYUMYum! Brands says China spin-off 'on track'
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16:20 EDTYUMYum! Brands sees opening nearly 2,400 locations in 2016
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16:19 EDTYUMYum! Brands reports China SSS up 2%
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16:16 EDTYUMYum! Brands reports Q4 adjusted EPS 68c, consensus 66c
Reports Q4 revenue $3.95B, consensus $4.02B.
14:48 EDTYUMNotable companies reporting after market close
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12:22 EDTYUMYum! Brands technical notes ahead of results
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06:34 EDTCOSICosi reports January comparable restaurant sales down 1.7%
Reports January company-owned restaurant sales down 0.5% and franchise restaurant sales down 4.3%. The company commented, "While I am disappointed with the sales results for the period, I am encouraged by three things. First, we are on track with our internal cash projections. We took a very conservative approach in forecasting sales for the period, being mindful of risks, and we are taking steps to mitigate those risks on a daily basis. Second, we continue to see 20-30% of our restaurants growing double digit sales. And third, Boston continues to drive strong positive results month after month."
05:59 EDTYUMYum! Brands volatility elevated into Q4 and outlook
Yum! Brands February weekly call option implied volatility is at 86, February is at 44, March is at 34; compared to its 52-week range of 19 to 47, suggesting large near term price movement into the expected release of Q4 results today.

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