Yum Brands News
News on Yum Brands (Ticker: YUM) continually updated from thousands of sources around the net.
2 hrs ago | Seeking Alpha
A key concern for investors heading into Chipotle's earnings report was as to how customers were reacting to newly raised prices.
8 hrs ago | USA Today
Talk about a bad July. But rather than panicking, investors keeping their eyes open might find some deals - or at least try to.
10 hrs ago | Business Journal
Just as Yum! Brands Inc. was seeing a rebound in China sales, the most recent meat supply scandal is having a "significant, negative impact" on the company's performance in the Asian nation.
14 hrs ago | Seeking Alpha
McDonald's reported mediocre Q2 results last week, with EPS of $1.40 and revenue of $7.18 billion, both up 1%.
China winners will be fast food companies, along with their partners, utilizing preventive food safety practices to mitigate risk, enhance brand perception, and win the confidence of Chinese consumers.
As of 9:52 a.m. ET, the Dow Jones Industrial Average fell 117 points, or 0.69%, to 16762, the S&P 500 dipped 13.9 points, or 0.71%, to 1956 and the Nasdaq Composite dropped 37.6 points, or 0.85%, to 4425.
The firm currently has a "not rated" rating on the stock. Telsey Advisory Group's target price points to a potential upside of 2.74% from the company's current price.
After the market closed yesterday, Yum! Brands , owner of brands including KFC, Pizza Hut and Taco Bell, filed with the SEC that the latest rotten meat fallout in China has significantly affected its sales there.
Yum Brands Inc. said news coverage concerning Shanghai Husi Food Co. has caused a "significant, negative impact" to same-store sales at KFC and Pizza Hut locations in China over the last 10 days.
Consumers are becoming more wary about fast food chains especially after some of the biggest brands around the world were involved in scandals.
It's worth noting that while the company beat estimates of the top and bottom lines and the stock should have increased in price, it actually dropped 0.56%.
Talk of an increase in the minimum wage ahead of November elections may limit upside but any increase will ultimately be mitigated by price increases.
The O'Keefe Reinhard & Paul boutique ad shop is giving clients a reason to like visiting Chicago's West Loop neighborhood.
Updated: Fri Aug 01, 2014 05:41 pm
Copyright © 2014 Topix LLC