News Breaks |
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| November 12, 2012 |
| 10:00 EDT |  | JBT, ICPT, YUM, MCD, DNDN, BERY, OVSC | On The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Dendreon (DNDN) initiated with a Buy at Needham... OvaScience (OVSC) initiated with an Outperform at Leerink... Intercept Pharmaceuticals (ICPT) initiated with a Buy at BofA/Merrill... Berry Plastics (BERY) initiated with an Outperform at Wells Fargo... McDonald's (MCD) initiated with a Buy at Davenport... Yum! Brands (YUM) initiated with a Buy at Davenport... JBT Corporation (JBT) initiated with a Buy at Sidoti. |
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News For DNDN;OVSC;BERY;ICPT;MCD;YUM;JBT From The Last 14 Days Check below for free stories on DNDN;OVSC;BERY;ICPT;MCD;YUM;JBT the last two weeks. |
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| May 20, 2013 |
| 08:02 EDT |  | ICPT | Intercept announces positive initial results for OBADIAH trial
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| 07:42 EDT |  | MCD | Cohasset Associates to host a conference
National Conference on Managing Electronic Records is being held in Chicago on May 20-22. |
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| May 17, 2013 |
| 06:15 EDT |  | MCD | McDonald's to reduce its menu, Bloomberg reports
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| May 16, 2013 |
| 16:48 EDT | | YUM | Yum! Brands Taco Bell CEO sees doubling revenue to $14B in 10 years
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| 16:22 EDT | | JBT | JBT Corporation boosts dividend 29% to 9c per share
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| May 13, 2013 |
| 10:12 EDT | | YUM | Yum! Brands falls after reporting 29% China sales decline
Shares of Yum! Brands (YUM) are retreating after the company disclosed that its same store sales had tumbled 29% in China last month, versus the same period in 2012. WHAT'S NEW: The 29% decline in Yum's same-store sales in China, which the company announced on Friday night in an SEC filing, was roughly in-line with the its previous guidance for a decline of about 30%. The outbreak of avian flu in China had a significant negative impact on sales of Yum's KFC restaurants in that country last month, Yum! stated. Historically, the impact of avian flu outbreaks on KFC sales has been "relatively short-lived," Yum! added. ANALYST REACTION: In a note earlier today to investors, Oppenheimer analyst Brian Bittner wrote that Yum's sales in China had probably bottomed last month, as he believes that the avian flu outbreak is unlikely to accelerate. Yum should meet analysts' 2013 consensus estimates, and the company is poised to rebound significantly next year, added the analyst. He kept an Outperform rating on the stock. TODAY'S PRICE ACTION: In early trading, Yum! fell $1.73, or 2.5%, to $68.60. |
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| 10:07 EDT |  | YUM | Yum! Brands July and October volatility low
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| 08:13 EDT |  | YUM | Yum! Brands China comps likely bottomed in Q1, says Oppenheimer
After Yum! Brands reported in-line April China comps of down 29%, Oppenheimer believes that the company's China comps likely bottomed in Q1 as the firm doesn't expect the avian flu outbreak in China to worsen. The firm expects Yum! to meet 2013 expectations, and it thinks the company could rebound significantly next year. The firm reiterates an Outperform rating on the stock. |
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| May 10, 2013 |
| 16:32 EDT | | YUM | Yum! Brands April same-store sales for China division down 29%
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| 11:35 EDT | | ICPT | Intercept management to meet with Oppenheimer
Meeting to be held in Denver on May 16 hosted by Oppenheimer. |
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| 10:00 EDT |  | DNDN | On The Fly: Analyst Downgrade Summary
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| 09:49 EDT | | YUM | Yum! Brands embarking on media campaign in China, Reuters reports
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| 09:38 EDT | | DNDN | Active equity option families trading
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| 09:21 EDT | | DNDN | On The Fly: Pre-market Movers
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| 07:55 EDT | | DNDN | Dendreon may generate near-term trading opportunity, says RW Baird
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| 07:44 EDT | | DNDN | Dendreon price target lowered to $1 from $5 at BofA/Merrill
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| 07:40 EDT | | DNDN | Dendreon price target lowered to $6.50 from $9 at Bernstein
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| 07:35 EDT | | YUM | Yum! Brands cleared in China after meat safety concern, WSJ says
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| 06:59 EDT | | MCD | McDonald's to stop selling Angus burgers, Angus snack wraps, AP reports
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| 05:51 EDT | | DNDN | Dendreon downgraded to Sell from Neutral at Citigroup
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