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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.
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April 22, 2014
12:02 EDTYUMMcDonald's says hasn't felt impact from Taco Bell's breakfast
McDonald's says it will optimize capital structure. Says has had no safety issues in Russia, Crimea.
April 21, 2014
14:04 EDTYUMYum! Brands Apr 65 weekly straddle priced for 4.4% movement into Q1
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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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