New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
November 30, 2012
10:38 EDTYUMYum! Brands falls sharply after providing revised guidance, levels to watch
The stock is down over 9.8% at time of writing, close to session lows. The company yesterday updated guidance for fiscal year 2012 and 2013 which broadly disappointed. One major focus of concern, leading to a host of sell-side downgrades today, was the deceleration in growth in China same store sales. The company is estimated to get 37% of its profits from Chinese operations, which is a reduction from prior years. At the current price of $67.03, next support is at $65.81. Resistance is at $68.
News For YUM From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 23, 2014
08:01 EDTYUMMcDonald's pressured by rising competition in China, WSJ says
In addition to its food supplier issues, McDonald’s (MCD) has a bigger problem in China, namely rising competition from other foreign companies such as Yum! (YUM) and domestic chains that have gained prominence and scale, said The Wall Street Journal. Reference Link

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