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
Sign up for a free trial to see the rest of the stories you've been missing.
September 30, 2014
07:55 EDTJACKJack in the Box price target raised to $75 from $66 at BofA/Merrill
Subscribe for More Information
07:32 EDTCMGWells Fargo to hold a summit
Subscribe for More Information
September 29, 2014
15:01 EDTMCDMcDonald's calls active on speculation of a large investor stake
McDonald's October weekly 95, 96 and 97 calls are active on total call volume of 34K contracts (5K) on speculation of a large investor stake. October weekly call option implied volatility is at 23, October is at 16, November is at 15, January is at 14; compared to its 26-week average of 15 according to Track Data. Active call volume suggests trader’s takers taking positions for large price movement.
14:53 EDTMCDRumor: McDonald's moves up on speculation of a large investor stake
Subscribe for More Information
09:30 EDTJACKJack in the Box price target raised to $80 from $68 at KeyBanc
Subscribe for More Information
September 26, 2014
13:46 EDTMCDMcDonald's HQ evacuated after suspicious package found, Chicago Business reports
Subscribe for More Information
September 24, 2014
07:51 EDTCMGChipotle Mexican Grill October volatility elevated
Subscribe for More Information
September 23, 2014
05:49 EDTCMGStocks with implied volatility movement; HLF CMG
Subscribe for More Information
September 19, 2014
07:31 EDTMCDMcDonald's dividend increase unfavorable, says Wells Fargo
Subscribe for More Information
September 18, 2014
16:32 EDTMCDMcDonald's expects to return $18B-$20B to shareholders between 2014-2016
Subscribe for More Information
16:31 EDTMCDMcDonald's raises quarterly dividend 5% to 85c per share
The dividend is payable on December 15 to shareholders of record at the close of business on December 1.
13:47 EDTYUMPizza Hut opens first restaurant in Africa, plans to open dozens more
Subscribe for More Information
07:52 EDTYUMPizza Hut testing 30% lower calorie pie, USA Today reports
Subscribe for More Information

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