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Stock Market & Financial Investment News

News Breaks
January 13, 2014
05:44 EDTYUMYum struggles in China a year after KFC crisis began, WSJ reports
As China head for Yum Brands, Sam Su built its KFC unit into the biggest foreign restaurant chain in the world's most populous market. But that is under threat from a persistent public backlash over the reported use of growth hormones and antibiotics by two KFC chicken suppliers, reports the Wall Street Journal. The backlash is expected to push Yum's China annual same-store sales down for the first time at least since Yum started breaking out China in financial reports in 2005. Reference Link
News For YUM From The Last 14 Days
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October 23, 2014
08:01 EDTYUMMcDonald's pressured by rising competition in China, WSJ says
In addition to its food supplier issues, McDonald’s (MCD) has a bigger problem in China, namely rising competition from other foreign companies such as Yum! (YUM) and domestic chains that have gained prominence and scale, said The Wall Street Journal. Reference Link

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