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Stock Market & Financial Investment News

News Breaks
February 9, 2014
18:42 EDTYUM, WENWendy'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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April 14, 2014
07:23 EDTYUMJapan sees first bird flu outbreak since 2011, Mainichi reports
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April 10, 2014
10:29 EDTWENWendy's initiated with a Buy at Tigress Financial
April 8, 2014
07:54 EDTYUMYum! Brands testing new Super Chix concept, AdAge reports
Yum Brands will start testing Super Chix, a new concept restaurant, AdAge reports. This week, Super Chix will launch in Arlington, Texas, with a limited menu including chicken sandwiches, chicken tenders, fries, salads and custards. A spokesperson for Yum says the concept "may in the future be considered for international purposes." Reference Link
April 4, 2014
06:44 EDTWENMost senators resisting compromise on minimum wage increase, Politico reports
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April 3, 2014
06:34 EDTWENStates moving on minimum wage hikes, NY Times says
Since President Obama called for an increase in the federal minimum wage 14 months ago, seven states and Washington, DC have passed such an increase, according to The New York Times. Meanwhile, 34 other state legislatures have started debating the issue and activists in another eight states are looking to get proposals for minimum wage increases on voter ballots, the newspaper stated. Companies that could be affected by minimum wage increases include McDonald's (MCD), Burger King (BKW), Wendy's (WEN), Jack in the Box (JACK), Dunkin Donuts (DNKN), and Sonic Corporation (SONC). Reference Link
April 2, 2014
07:26 EDTYUMYum! Brands price target raised to $89 from $80 at Oppenheimer
Oppenheimer increased its price target on Yum! as the firm thinks the company's multiple could expand, while its earnings could surpass expectations going forward. The firm adds that Taco Bell's breakfast initiative has not been built into estimates and is thus "a free option" for investors. Oppenheimer recommends owning the stock now and keeps an Outperform rating on the shares.

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