Yum! Brands shares should be bought at current levels, says Oppenheimer Oppenheimer believes that Yum's China comp trends suggest that there is a good chance the company's comps will grow by double digit percentage levels in 1Q14. The firm expects the company's 2014 earnings to surpass expectations and it keeps an Outperform rating on the shares.
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.