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Chipotle's Stock Surge Is Thanks To Its New CEO
Thursday, June 28, 2018 - 3:49pm | 381Since Brian Niccol became the CEO of Chipotle Mexican Grill, Inc. (NYSE: CMG) in March, Chipotle's stock price has only gone up. According to CNBC, Chipotle's stock move has been based solely on Niccol's reputation. Prior to Chipotle, Niccol was the CEO at Taco Bell, owned by Yum!...
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Yum Brands' CEO Acknowledges Ongoing Woes At Pizza Hut Chain
Thursday, February 9, 2017 - 1:22pm | 397Yum! Brands, Inc. (NYSE: YUM) reported on Thursday mixed fourth-quarter results, which consisted of an earnings beat but a revenue miss. The parent company of Taco Bell, KFC and Pizza Hut also reported that its same-store sales rose 1 percent which fell short of the 1.7 percent analysts were...
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What Does Yum Brands' Spinoff Mean For Your Existing Shares?
Tuesday, November 1, 2016 - 2:36pm | 382Shares of Yum! Brands, Inc. (NYSE: YUM) appeared to be significantly lower on Tuesday, but that is not the actual case. Yum! Brands, the parent company behind Taco Bell, Pizza Hut and KFC, decided in 2015 that it is in the best interest of investors to split its business into two different...
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Yum Brands Has 'Unlimited' Growth Potential In China
Tuesday, November 1, 2016 - 1:17pm | 341Greg Creed, Yum! Brands, Inc. (NYSE: YUM) CEO, was a guest on CNBC Tuesday to discuss the company's business split, as Yum China Holdings Inc (NYSE: YUMC) began trading for the first time ever. Creed started off by explaining that China is merely at the beginning stages of a major...
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Yum China Becomes World's Largest Publicly Traded Franchisee
Tuesday, November 1, 2016 - 12:31pm | 460Yum! Brands, Inc., the parent company of Taco Bell, KFC and Pizza Hut, is now trading as two separate entities. The first, Yum! Brands, Inc. (NYSE: YUM) consists of the company's global operation except for China, and the second business, Yum China Holdings Inc (NYSE: YUMC), is a licensee of Yum!...
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Yum Brands CEO: Half Of The U.S. Population Eats At Taco Bell Once A Month
Wednesday, October 12, 2016 - 12:17pm | 337Greg Creed, the CEO of Yum! Brands, Inc. (NYSE: YUM), was a guest on CNBC's "Squawk Box" on Wednesday to discuss the company's business, specifically Taco Bell's successes and what areas of the business could see some improvements. Creed used to run the Taco Bell unit for eight years and said that...
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Why There's Plenty Of Upside Left In Yum! Brands
Friday, December 11, 2015 - 2:37pm | 251Yum! Brands, Inc. (NYSE: YUM) price target was raised from $80.00 to $81.00 by JPMorgan on Friday. In a research note, analysts wrote they expect upside for Yum after attending its analyst meeting in Dallas. JPMorgan indicated a high level of reaction for investors on Friday, expressing the...
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Brian Niccol To Become New Taco Bell CEO
Wednesday, May 21, 2014 - 1:05pm | 255Yum! Brands (NYSE: YUM) announced on Tuesday that Brian Niccol will become the new CEO of Taco Bell, effective January 1, 2015. Niccol will be making this move as current Taco Bell CEO Greg Creed moves on to become the CEO of Yum! Brands. Niccol commented, "It's an honor to step into this...
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Market Wrap For May 1: Markets Mixed To Start The New Month
Thursday, May 1, 2014 - 4:35pm | 2905U.S. stocks were little moved to start off the month of May as investors and traders are cautious before April's nonfarm payrolls report are released on Friday. The consensus estimate for Friday's figure stands at 215,000 which would trump March's 192,000 number. “This is a really important...
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Taco Bell's Greg Creed: We're Falsely Accused
Friday, January 28, 2011 - 10:15am | 298Speaking on the lawsuit that claims Taco Bell's meat mixture contains less than 35% beef, Greg Creed, President and Chief Concept Officer, told CNBC that his company has been falsely accused. “We've been transparent,” he said, defending the Yum! Brands, Inc. (NYSE: YUM) enterprise. “You could go...