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Stock Market & Financial Investment News

News Breaks
February 9, 2014
18:42 EDTWEN, YUMWendy's could reduce store ownership to 10%, Barron's says
Wendy's re-franchising initiative could continue to benefit margins, Barron's contends in its Sizing Up Small Caps column. The stock could be a takeover target for Yum! Brands, which does not own a burger chain, the paper adds. Reference Link
News For WEN;YUM From The Last 14 Days
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July 5, 2015
19:39 EDTYUMMcDonald's to test mobile ordering in China, WSJ says
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July 1, 2015
11:11 EDTYUMAnalyst says Yum! Brands could create value with China spin-off
There is a good chance that Yum! Brands could spin off its China business, adding value to its stock, UBS wrote in a note to investors earlier today. WHAT'S NEW: Activist investors will probably push Yum! to take steps to enhance its value and one of the moves the company is most likely to make is spinning off its China business, UBS analyst Keith Siegner wrote in a note to investors today. Following the spin-off of the China business, the rest of Yum, dubbed "Yum Global" by the analyst, could increase its leverage to 5-6 times and use the proceeds for share repurchases, Siegner believes. Meanwhile, the China business, which he calls "Yum China," would be a direct play on the growth of the Chinese middle class via a company that uses Western accounting standards, the analyst stated. Siegner believes that Yum Global's profits will grow by around low teen percentage levels, while those of Yum China will expand at a high teens/low twenties percentage rate. The analyst estimated that Yum Global would be worth $76 per share and Yum China would be worth $40 per share, leading him to increase his price target on Yum's current shares to $116 from $100. He kept a Buy rating on the stock. PRICE ACTION: In morning trading, Yum rose 1.5% to to $91.40.
08:33 EDTWENWendy's announces preliminary results of tender offer
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07:36 EDTYUMYum! Brands potential China separation an important catalyst, says UBS
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June 26, 2015
08:50 EDTWENWendy's 3M share Block Trade priced at $11.43
Jefferies acted as sole book running manager for the offering.

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