Yum! Brands visibility remains limited, says Goldman Goldman said Yum reported inline May CHina same-store-sales of down 19% but visibility into recovery timing remains limited. The firm remains Neutral rated given risk to Q4 estimates and valuation.
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.