Yum! Brands China outlook has improved, says RBC Capital After Yum! Brands reported higher than expected EPS, RBC Capital has increased confidence that the company's sales and margins in China will rebound. The firm thinks that Yum's risk/reward profile is "extremely favorable," and it keeps a Top Pick rating on the stock.
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.