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Stock Market & Financial Investment News

News Breaks
January 2, 2013
15:35 EDTYUM, MCDMcDonald's not sourcing chicken from scandal-hit supplier, World Poultry says
McDonald's (MCD) has stopped sourcing chicken from Liuhe Group, the supplier that had a factory shut down for selling chickens with excessive antibiotic residues and was named in the recent KFC (YUM) scandal in China, reported World Poultry. The Fly notes that Bloomberg reported this morning that McDonald's said it saw no "material impact" to its sales in China related to chicken concerns, citing a company spokesperson. Reference Link
News For MCD;YUM From The Last 14 Days
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May 27, 2015
19:42 EDTYUMYum! Brands CEO says hypothetical Taco Bell delivery service would be 'huge'
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10:30 EDTYUMYum! Brands says KFC still 'quintessential' QSR brand and not just China brand
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10:23 EDTYUMYum! Brands sees positive SSS in China in 2H15
Also sees improvement restaurant margin and operating profit in 2H15. Expects 20,000 restaurants in China for the long-term. The company said it expects to aggressively test more unique value options in Pizza Hut, including competitive price points. Expects to open 600 new units in its international division this year for Pizza Hut International. Says Taco Bell is "firing on all cylinders." Comments taken from Bernstein Annual Strategic Decisions Conference.
09:14 EDTMCDMcDonald's to reportedly stop monthly sales reporting as of June
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May 26, 2015
20:50 EDTYUMBernstein to hold a conference
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13:02 EDTYUMYum! Brands says Pizza Hut to remove artificial colors, flavors from pizzas
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13:01 EDTYUMYum! Brands says Taco Bell to remove artificial colors, flavors
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May 22, 2015
10:34 EDTYUMYum! Brands management to meet with Oppenheimer
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May 20, 2015
09:36 EDTMCDActive equity options trading on open
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07:12 EDTMCDMcDonald's annual meeting expected to be greeted with protests, Reuters says
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05:56 EDTMCDStocks with implied volatility movement; MCD USO
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May 19, 2015
08:13 EDTMCDUnion group asks FTC to probe McDonald's, other big franchisers, WSJ reports
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May 18, 2015
08:35 EDTYUMYum! Brands price target raised to $105 from $90 at Oppenheimer
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May 15, 2015
16:01 EDTMCDOptions Update; May 15, 2015
iPath S&P 500 VIX Short-Term Futures down 20c to 20.06 Option volume leaders: AAPL BAC FB NFLX TWTR BABA CSCO TSLA MU GILD T MSFT AMZN MCD
12:15 EDTMCDMcDonald's call activity attributed to activist speculation
McDonald's May 97.5 and 98 calls are active eon total call volume of 56K (4K puts) on activist speculation. May call option implied volatility is at 18, May weekly is at 17, June is at 18, September is at 19; compared to 90-day average of 19 according to Track Data, suggesting large near term price movement.
12:13 EDTYUMThird Point gives quarterly update on stakes
NEW STAKES: Yum! Brands (YUM), NXP Semiconductors (NXPI), FedEx (FDX), McKesson (MCK), and J M Smucker (SJM). INCREASED STAKES: Actavis (ACT), Roper Technologies (ROP), Delta Air Lines (DAL), and FleetCor Technologies (FLT). DECREASED STAKES: Ally Financial (ALLY), Amgen (AMGN), Phillips 66 (PSX), eBay (EBAY), and Anheuser Busch Inbev SA (BUD). LIQUIDATED STAKES: Alibaba Group (BABA), Citigroup (C), EMC Corporation (EMC), Anglo American (AAL), and Williams Companies (WMB).
12:07 EDTYUMThird Point reports new stakes in Yum! Brands, FedEx, McKesson
11:09 EDTMCDRumor: McDonald's move higher attributed to activist speculation
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10:01 EDTYUMOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Aspen Technology (AZPN) upgraded to Overweight from Sector Weight at Pacific Crest... Canadian National (CNI) upgraded to Outperform from Sector Perform at Scotia Capital... Connecticut Water (CTWS) upgraded to Outperform from Market Perform at Wells Fargo... Hanesbrands (HBI) upgraded to Buy from Neutral at DA Davidson... Impala Platinum (IMPUY) upgraded to Buy from Neutral at Goldman... Inovalon (INOV) upgraded to Buy from Neutral at Goldman... J.C. Penney (JCP) upgraded to Market Perform at BMO Capital... Sovran Self Storage (SSS) upgraded to Buy from Neutral at UBS... Syngenta (SYT) upgraded to Neutral from Underperform at Exane BNP Paribas... UPS (UPS) upgraded to Buy from Neutral at Goldman... Union Pacific (UNP) upgraded to Buy from Hold at TD Securities... Yum! Brands (YUM) upgraded to Overweight from Neutral at JPMorgan.
06:47 EDTYUMYum! Brands upgraded to Overweight from Neutral at JPMorgan
JPMorgan upgraded Yum! Brands to Overweight saying it believes a spin-off of China and levering up of the franchise business has moved from a "possibility" to a "probability." After attending the Yum China investor conference, the firm thinks the company is now welcome to ideas that can drive short and long term shareholder value. It raised its price target for the stock to $108 from $83.

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