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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
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August 31, 2014
13:49 EDTYUMNomura to hold a forum
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August 19, 2014
06:02 EDTYUMTaco Bell introducing dollar menu, LA Times reports
Taco Bell (YUM) is introducing its new Dollar Cravings menu, which features 11 items, the LA Times reports. McDonald's (MCD) and Wendy's (WEN) both offer dollar menus. Reference Link

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