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Stock Market & Financial Investment News

News Breaks
November 16, 2012
12:41 EDTYUMYum! Brands announces additional $1B share repurchase program
The $1B in additional share repurchases of the company's outstanding common stock is authorized through May 31, 2014. Year-to-date, the company has repurchased $815M of shares of common stock at an average price of $66.
News For YUM From The Last 14 Days
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April 21, 2014
10:01 EDTYUMOn The Fly: Analyst Downgrade Summary
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06:44 EDTYUMCompetitors gaining ground on McDonald's breakfast market, WSJ says
McDonald's (MCD) faces increased competition from Yum Brands' (YUM) new Taco Bell breakfast menu as well as Burger King (BKW), Dunkin' Brands (DD), Starbucks (SBUX), and White Castle's renewed efforts to gain ground in the breakfast market, reports the Wall Street Journal. Reference Link
05:38 EDTYUMYum! Brands downgraded to Neutral from Overweight at JPMorgan
JPMorgan downgraded Yum! Brands to Neutral citing valuation as it believes shares are already pricing in a China recovery through FY15. The firm raised its price target for shares to $80 from $77.
April 14, 2014
07:23 EDTYUMJapan sees first bird flu outbreak since 2011, Mainichi reports
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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

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