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Stock Market & Financial Investment News

News Breaks
February 4, 2014
12:06 EDTMCD, YUM, CMG, JACK, DPZYum! 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
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July 22, 2015
11:10 EDTCMGChipotle hits 52-week high despite lower than expected comp sales
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10:15 EDTCMGOptions with decreasing implied volatility
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08:43 EDTCMGChipotle price target raised to $850 from $800 at Baird
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08:26 EDTCMGChipotle July comp guidance likely to be viewed as encouraging, says Bernstein
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08:25 EDTMCDMcDonald's July weekly volatility elevated into Q2 and outlook
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08:05 EDTCMGChipotle has several positive catalysts, says Oppenheimer
After Chipotle reported lower than expected Q2 comps, Oppenheimer notes that the company said that its traffic had accelerated so far in Q3. The firm says that this data point should reduce worries about the company's difficult Q3 comparison. Oppenheimer says that the company's margin outlook is improving, while its comp growth is set to accelerate next quarter and analysts may raise their 2016 EPS estimates. The firm keeps a $775 price target and Outperform rating.
07:33 EDTCMGChipotle long-term growth story remains intact, says JPMorgan
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06:45 EDTCMGChipotle price target raised to $740 from $700 at Piper Jaffray
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July 21, 2015
18:42 EDTCMGChipotle sees 'significant progress' on pork shortage
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18:29 EDTMCDMcDonald's may offer all-day breakfast nationwide in October, WSJ reports
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16:04 EDTCMGChipotle sees FY15 SSS increases in low-to-mid single digit
Sees new restaurant openings at or above the high end of the previously announced range of 190-205 in FY15. Sees an effective full year tax rate of approximately 38.7% in FY15.
16:01 EDTCMGChipotle reports Q2 EPS $4.45, consensus $4.44
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16:00 EDTCMGChipotle July weekly 677.5 straddle priced for 8.3% movement into Q2
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15:02 EDTCMGNotable companies reporting after market close
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11:57 EDTCMGChipotle technical view ahead of earnings
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10:24 EDTYUMOptions with decreasing implied volatility
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06:44 EDTCMGChipotle volatility elevated into Q2 and outlook
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05:57 EDTCMGStocks with implied volatility above IV index mean; CMG GMCR
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July 20, 2015
10:13 EDTYUMOptions with decreasing implied volatility
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08:24 EDTMCDMcDonald's U.S. outlook improving, says RBC Capital
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