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
Check below for free stories on YUM the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
April 14, 2014
07:23 EDTYUMJapan sees first bird flu outbreak since 2011, Mainichi reports
Subscribe for More Information
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
April 2, 2014
07:26 EDTYUMYum! Brands price target raised to $89 from $80 at Oppenheimer
Oppenheimer increased its price target on Yum! as the firm thinks the company's multiple could expand, while its earnings could surpass expectations going forward. The firm adds that Taco Bell's breakfast initiative has not been built into estimates and is thus "a free option" for investors. Oppenheimer recommends owning the stock now and keeps an Outperform rating on the shares.

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