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Buy The Weakness in Yum China Shares, Says Morgan Stanley Analyst
Tuesday, March 20, 2018 - 3:15pm | 405Yum China Holdings Inc (NYSE: YUMC) reported fourth-quarter results in early February that prompted a 10-percent sell-off in the stock, which should be viewed as a buying opportunity, according to Morgan Stanley. The Analyst Morgan Stanley's Lillian Lou maintains an Overweight rating on Yum...
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Today In Blockchain: KFC Buckets, Marathon Patent, Cleantech Solutions
Friday, January 12, 2018 - 6:24pm | 421The past few weeks have seen multiple stocks moving sharply on blockchain-related news, a trend that continued Friday. Yum Yum! Brands, Inc., (NYSE: YUM), operator of fast food franchises Taco Bell, KFC, WingStreet and Pizza Hut, rose 1.54 after KFC Canada launched “Bitcoin Bucket”,...
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KFC Follows A Select Few Twitter Accounts, And For Good Reason
Friday, October 20, 2017 - 12:18pm | 525No detail is too small when it comes to Yum! Brands, Inc. (NYSE: YUM)’s quirky, comedic KFC marketing campaign featuring multiple Colonel Sanders (or at least multiple actors) and off-the-wall commercials. This week, one Twitter Inc (NYSE: TWTR) user picked up on a strange pattern in the...
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McDonald's Proposed Chinese Expansion
Tuesday, August 15, 2017 - 1:43pm | 702Despite the ordeal of climbing over the Chinese barriers, many companies have made a beeline to China and have persisted with their attempts despite the rebuffs. Fast food chain McDonald's Corporation (NYSE: MCD) isn't the one to let the Chinese opportunity go by and this was evident from an...
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Retro Tech Is Hot: Polaroid, Old Nintendo, The iPod And Even A CGI Colonel Sanders Make Comebacks
Sunday, August 13, 2017 - 5:21pm | 794Retro tech is back, if it paradoxically ever went away. For example: Sales of Apple Inc. (NASDAQ: AAPL)'s iPod shot up 929 percent on Australia’s eBay Inc (NASDAQ: EBAY) in the week after the opening there of the movie “Baby Driver,” which featured the MP3 player prominently....
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Get It While It's Hot: KFC Has A Smartphone
Wednesday, July 12, 2017 - 9:46am | 564KFC is officially in the tech industry, sort of. The Yum! Brands, Inc. (NYSE: YUM) subsidiary’s Chinese segment has partnered with Huawei, the world’s third-largest smartphone maker, to produce a KFC-branded phone. KFC operates in China under Yum China Holdings Inc (NYSE: YUMC), which...
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KFC's New 'Zinger' Sandwich Is Good, But Is It The Best In The Zinger Family?
Wednesday, April 26, 2017 - 9:18am | 363As Benzinga welcomes a new addition to the kin of Zing, a Zinger sandwich from Yum! Brands, Inc. (NYSE: YUM)’s Kentucky Fried Chicken, we wanted to flip through the family album to celebrate the crazy uncles and embarrassing third-cousins that make the Zinger clan what it is. Here are some of...
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7 Best Fast Foods Not Available In The US: Fried Chicken Pizza, Fried Brussel Sprout Patty And More
Wednesday, February 15, 2017 - 8:48am | 676It shouldn't be a surprise global fast food chains offer different menu items in different countries to cater to local preferences. Here's a list of some of the menu items found in other countries that American fast food lovers might love to eat at home. Singapore: KFC's Fried Chicken...
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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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Dunkin Brands Vs. Yum Brands: Q4 Restaurant Earnings Face-Off This Week
Monday, February 6, 2017 - 3:10pm | 521This Thursday will see both Yum! Brands, Inc. (NYSE: YUM) and Dunkin Brands Group Inc (NASDAQ: DNKN) reporting their fourth-quarter results amid broad-based industry softness. Interestingly, Yum Brands will be reporting its first quarterly report since the spinoff of the China division. Yum Brands...
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The Chinese Fast Food Market
Wednesday, January 11, 2017 - 2:15pm | 650Late last year, Yum! Brands, Inc. (NYSE: YUM) spun off its China business into a separately traded company called Yum China Holdings Inc (NYSE: YUMC). The rationale? The Asian business of the company can be better served with a more focused strategy. The thrust to alter strategy stemmed...
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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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Yum Brands Lays Out Yum China Separation Plans
Tuesday, October 11, 2016 - 8:13am | 320Yum! Brands, Inc. (NYSE: YUM) revealed its plans after the separation from China, which will happen at the close of the month. The company indicated its focus would be on three iconic global brands, boosting its franchise ownership and establish a leaner and most cost efficient structure. The...
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Yum Brands Investors Focusing On Weak China Comps In Q3
Thursday, October 6, 2016 - 10:32am | 408Yum! Brands, Inc. (NYSE: YUM) reported its Q3:16 results modestly below expectations, and BTIG’s Peter Saleh believes investors are likely to focus on “China comps and the lack of expected improvement.” Saleh maintains a Neutral rating on the company. China Concerns “While...
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KFC Launches Fried Chicken Scented Sunscreen
Wednesday, August 24, 2016 - 2:09pm | 415Tuesday, Kentucky Fried Chicken (Yum! Brands, Inc. (NYSE: YUM)), a fast food restaurant chain best known for its comfort cooking, gave away bottles of its limited-edition offering — sunscreen. Within hours, consumers emptied the restaurant's stock of the lotion. Related Link: Before...