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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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May 29, 2015
10:01 EDTYUMOn The Fly: Analyst Initiation Summary
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06:30 EDTYUMYum! Brands initiated with a Hold at Deutsche Bank
Target $90.
May 27, 2015
19:42 EDTYUMYum! Brands CEO says hypothetical Taco Bell delivery service would be 'huge'
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10:30 EDTYUMYum! Brands says KFC still 'quintessential' QSR brand and not just China brand
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10:23 EDTYUMYum! Brands sees positive SSS in China in 2H15
Also sees improvement restaurant margin and operating profit in 2H15. Expects 20,000 restaurants in China for the long-term. The company said it expects to aggressively test more unique value options in Pizza Hut, including competitive price points. Expects to open 600 new units in its international division this year for Pizza Hut International. Says Taco Bell is "firing on all cylinders." Comments taken from Bernstein Annual Strategic Decisions Conference.
May 26, 2015
20:50 EDTYUMBernstein to hold a conference
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13:02 EDTYUMYum! Brands says Pizza Hut to remove artificial colors, flavors from pizzas
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13:01 EDTYUMYum! Brands says Taco Bell to remove artificial colors, flavors
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May 22, 2015
10:34 EDTYUMYum! Brands management to meet with Oppenheimer
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May 18, 2015
08:35 EDTYUMYum! Brands price target raised to $105 from $90 at Oppenheimer
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