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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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November 24, 2014
07:37 EDTYUMPizza concepts seen as possible targets for DineEquity, Bloomberg says
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November 20, 2014
16:16 EDTYUMYum! Brands authorizes up to $1B in share repurchases
Yum! Brands board authorized the company to repurchase up to $1B in additional shares of common stock. The $1B in additional share repurchases of the company’s outstanding common stock is authorized through May 31, 2016.
10:02 EDTYUMOn The Fly: Analyst Upgrade Summary
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07:26 EDTYUMYum! Brands upgraded to Buy at Janney Capital
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06:06 EDTYUMYum! Brands upgraded to Buy from Neutral at Janney Capital
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November 10, 2014
07:36 EDTYUMPizza Hut to unveil major menu expansion, CNBC reports
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