Yum! Brands drops sharply after results, breaks $60, first look The company reported slightly better results than expected for its Q4, but cut its outlook for fiscal year 2013. Next support below $60 is at $57.75. Resistance is at $60.
Yum! 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.