New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 4, 2014
12:06 EDTYUM, DPZ, CMG, MCD, JACKYum! Brands rises after reaffirming profit growth outlook
Shares of Yum! Brands (YUM), which owns the KFC, Taco Bell and Pizza Hut restaurant concepts, are rising after the company reported mixed fourth quarter results, but reaffirmed its fiscal 2014 profit growth view of at least 20%. WHAT'S NEW: Last night, Yum! Brands reported fourth quarter adjusted earnings per share of 86c and revenue of $4.18B, compared to expectations of 80c and $4.26B, respectively. The company reported same store sales in its China division fell 4%, while U.S. SSS fell 2%. Despite the mixed results, the company's CEO David Novak said, "We are confident we have the people and resources to deliver at least 20% EPS growth in 2014 and re-establish our track record of double-digit EPS growth. ANALYST REACTION: In a note to investors this morning, research firm Stifel said Yum! Brands should be bought into strength. Stifel thought that fears about the company's China business were overblown. The firm kept a $95 price target and Buy rating on the stock. Another firm, Oppenheimer, said the company's 2014 EPS could beat expectations due to margin expansion. The firm kept an $80 price target and Outperform rating on the stock. PRICE ACTION: In early afternoon trading, Yum! Brands soared $5.47, or 8.3%, to $71.63 on more than twice its average daily trading volume. The stock is up over 11% in the past twelve months. OTHERS TO WATCH: Yum Brands' competitors include McDonald's (MCD), Chipotle Mexican Grill (CMG), Domino's Pizza (DPZ), Jack in the Box (JACK).
News For YUM;DPZ;CMG;MCD;JACK From The Last 14 Days
Check below for free stories on YUM;DPZ;CMG;MCD;JACK the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | 5 | all recent news | >>
July 18, 2014
16:47 EDTYUMMarket ends week higher as earnings, M&A offset geopolitical tensions
Subscribe for More Information
10:03 EDTJACKOn The Fly: Analyst Initiation Summary
Subscribe for More Information
09:45 EDTCMGChipotle Q2 estimate lowered, 2014, 2015 estimates raised at Janney Capital
Janney Capital lowered its Q2 EPS estimate on Chipotle ahead of the company's report Monday, citing a prior G&A expense estimate that the firm now views as too low. However, Janney raised its 2014 and 2015 EPS estimates for Chipotle and increased its fair value estimate on the stock $700. The firm maintains its Buy rating on the shares.
07:08 EDTYUMYum! Brands risk/reward attractive after decline, says Bernstein
Subscribe for More Information
July 17, 2014
19:22 EDTJACKJack in the Box initiated with a Neutral at Buckingham
Target $61.
16:52 EDTYUMOn The Fly: Closing Wrap
Subscribe for More Information
12:15 EDTYUMYum! Brands sinks after miss but analyst still upbeat
Subscribe for More Information
10:01 EDTYUMYum! Brands falls after earnings, levels to watch
Subscribe for More Information
09:43 EDTYUMYum! Brands: China to achieve 40% operating profit growth in FY14
Subscribe for More Information
09:43 EDTYUMYum! Brands sees FY14 EPS growth of 20%, consnesus $3.73
The company expects to sustain double digit EPS growth in 2015 and beyond
09:36 EDTYUMYum! Brands Taco Bell breakfast option off to a 'great start'
Subscribe for More Information
09:15 EDTYUMOn The Fly: Pre-market Movers
HIGHER: Dresser-Rand (DRC), up 15.5% after Manager Magazin says Siemens (SIEGY) preparing bid for the company. Other oil equipment companies with a market cap similar to Dresser-Rand's include Dril-Quip (DRQ) and Oil States (OIS)... Microsoft (MSFT), up 3.4% after announcing restructuring, including plans to cut up to 18K jobs. UP AFTER EARNINGS: Morgan Stanley (MS) up 1.5%... Sherwin-Williams (SHW), up 3%. DOWN AFTER EARNINGS: Mattel (MAT), down 7.3%... Sandisk (SNDK), down 7%... Yum! Brands (YUM), down 2.5%. LOWER: Orbitz (OWW), down 3% after results, 34M share spot secondary offering of stock priced at $8.25... Benefitfocus (BNFT), down 1% after 2.5M share Secondary priced at $38.50.
07:15 EDTYUMYum! Brands shares should be bought after mixed Q2 results, says Stifel
Subscribe for More Information
July 16, 2014
18:26 EDTYUMOn The Fly: After Hours Movers
Subscribe for More Information
17:06 EDTYUMYum! Brands down 2.5% after reporting Q2 results below analyst estimates
17:03 EDTYUMYum! Brands falls after results, levels to watch
The shares are down 2.4% in the extended session following earnings. At the current price of $80.69 the stock has slipped below support at the 30-day moving average. Next support below is at the 50-day moving average, last at $78.71. Resistance is at $81.20.
16:12 EDTYUMYum! Brands reports Q2 EPS 73c, consensus 74c
Subscribe for More Information
15:28 EDTYUMYum! Brands (YUM) July 82 straddle priced for 3.8% move into Q2
13:40 EDTCMGChipotle Mexican Grill July weekly volatility increases into Q2
Chipotle Mexican Grill July weekly call option implied volatility is at 62, August is at 40, September is at 30, December is at 28; compared to its 26-week average of 32 according to Track Data, suggesting large July price movement into expected the release of Q2 results after the market close on July 21.
07:26 EDTCMGChipotle likely to report another sales upside quarter, says William Blair
Subscribe for More Information
1 | 2 | 3 | 4 | 5 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use