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January 14, 2014
05:56 EDTYUMYum's Pizza Hut testing 'by the slice' in two locations, AP reports
Pizza Hut, part of Yum! Brands, will offer pizza by the slice in two locations -- one in York, Nebraska, and the other in Pawtucket, Rhode Island -- beginning today, the Associated Press reports. The "by the slice" plan is part of a test to refresh its image. Reference Link
News For YUM From The Last 14 Days
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May 5, 2015
06:56 EDTYUMYum! sees strong 2H, delivering at least 10% EPS growth in 2015, WSJ reports
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May 4, 2015
13:24 EDTYUMMeister says Corvex owns over 15M shares of Yum! Brands
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13:21 EDTYUMMeister says he, Loeb have never spoken about Yum! Brands
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13:12 EDTYUMMeister says Yum! China separation would create value
Meister proposes Yum consider spinning off its China business, then enter into franchise agreement with remaining company to pay 3.5% royalty fee, which he believes could unlock $16 per share in value. Meister believes Yum! Brands non-China business can grow earnings 20% per year after a spinoff and that Yum China is worth about $40-$70 per share.
13:04 EDTYUMMeister says Yum! Brands can make $3 EPS in China in 2017
13:00 EDTYUMYum! Brands has three iconic brands, underearning asset in China, Meister says
Meister said Yum! Brands has a high quality management team, that its problems in China are being fixed and the recovery has begun in China. Yum's lack of willingness to change its capital structure has helped made its stock range bound, Meister said. The investor added that other fast food companies have better financial performance with more franchising than Yum.
12:52 EDTYUMKeith Meister confirms Corvex has new investment in Yum! Brands
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05:56 EDTYUMStocks with implied volatility movement; CCE YUM
Stocks with implied volatility movement; Coca-Cola Enterprises (CCE) 27, Yum! Brands (YUM) 26 according to iVolatility.
May 1, 2015
12:45 EDTYUMOn The Fly: Top stock stories at midday
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11:47 EDTYUMYum! Brands calls active on reports Corvex and Third Point have stakes
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11:35 EDTYUMMeister reportedly joins Loeb in Yum! Brands stake
Keith Meister's Corvex Management took a large stake in Yum! Brands (YUM) early in the first quarter, CNBC's Scott Wapner reports, citing sources. The stake is a top five position for Corvex. Earlier today, Dan Loeb's Third Point wrote in its quarterly letter that it has taken a "significant stake" in the owner of KFC, Pizza Hut and Taco Bell. Meister is expected to speak about his Yum! position at Monday's Ira Sohn Conference. Shares of the Yum! are up $4.33 to $90.29 near midday trading.
11:30 EDTYUMCorvex takes big stake in Yum! Brands, CNBC reports
10:13 EDTYUMNY AG announces $375,000 settlement with KFC franchise for underpaying workers
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09:55 EDTYUMYum! Brands, Devon Energy jump after Third Point reveals new stakes
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09:45 EDTYUMThird Point announces 'significant stake' in Yum! Brands
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April 30, 2015
07:51 EDTYUMYum! Brands price target raised to $100 from $85 at UBS
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