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Stock Market & Financial Investment News

News Breaks
July 17, 2014
09:36 EDTYUMYum! Brands Taco Bell breakfast option off to a 'great start'
The company said Taco Bell SSS only had 2% growth because Doritos Locos Tacos ultimately proved to be a niche menu item. Expects to reach 8,000 Taco Bell restaurant goal in the United States. Yum! Brands expects to have 1200 units in casual pizza dining, but is disappointed with Pizza Hut results in Q2. FY operating profit for Pizza Hut to fall well short of its original expectations. It intends to launch major initiatives beginning in Q4 to boost Pizza Hut sales, particularly in its advertising. It says it is bullish on its long-term plans for Pizza Hut based on the net unit growth. Expects a strong bounce back year from China in KFC. Comments taken from Q2 earnings conference call.
News For YUM From The Last 14 Days
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November 24, 2014
07:37 EDTYUMPizza concepts seen as possible targets for DineEquity, Bloomberg says
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November 20, 2014
16:16 EDTYUMYum! 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.
10:02 EDTYUMOn The Fly: Analyst Upgrade Summary
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07:26 EDTYUMYum! Brands upgraded to Buy at Janney Capital
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06:06 EDTYUMYum! Brands upgraded to Buy from Neutral at Janney Capital
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