Yum! Brands Taco Bell trends encouraging, says Bernstein After attending the Analyst Day held by Yum Brands' Taco Bell, Bernstein reports that Taco Bell's breakfast initiative appears to be significantly increasing its sales, while the company seems to be at least breaking even on the initiative. The firm is upbeat on Taco Bell's digital media strategy and expects Yum to at least meet its 10% EPS growth model. Bernstein keeps an Outperform rating on Yum!.
Yum! Brands March weekly calls active amid renewed spin-off speculation Yum! Brands March weekly 79 and 80 calls are active on total call volume of 10,500 contracts (500 puts) amid renewed spin-off speculation. March weekly call option implied volatility is at 30, April is at 23, May is at 26; compared to its 26-week average of 22 according to Track Data. Active call volume suggests traders taking large positions for upside price movement.