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Cowen Boosts Yum Brands; Taco Bell Growth, Buyback Potential Excite
Tuesday, December 1, 2015 - 10:33am | 269Shares of Yum! Brands, Inc. (NYSE: YUM) have dipped 19.52 percent over the past six months, declining almost to its 52-week low on November 12. Andrew M. Charles of Cowen and Company has upgraded the rating on the company from Market Perform to Outperform, while raising the price target from...
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What's China Really Worth To A YUM-Of-The-Parts Model?
Wednesday, October 21, 2015 - 2:31pm | 463Shares of Yum! Brands, Inc. (NYSE: YUM) have lost more than 16 percent over the past three months, mostly due to ongoing China concerns. The company announced earlier this week that it will split itself into two companies: Yum! China and Yum! Brands. In a report published Tuesday, Karen...
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Wall Street Can't Reach A Consensus On Yum! Brands
Wednesday, October 7, 2015 - 11:04am | 1161Shares of Yum! Brands, Inc. (NYSE: YUM) were trading lower by 16 percent shortly after Wednesday's opening bell. Yum Brands reported it earned $1.00 per share on revenue of $3.427 billion, well below the Street's estimates of $1.07 per share and $3.684 billion in revenue. The...
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Yum! Brands Expected To Deliver Double-Digit YoY Decline In Earnings
Friday, July 10, 2015 - 2:58pm | 291Yum! Brands, Inc. (NYSE: YUM) is scheduled to announce its second quarter financial results on Tuesday, July 14, after the market closes. According to Estimize, the company is expected to deliver a double-digit year-over-year decline in earnings. In the second quarter of 2014, earnings came...
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Fast Food Gets Even Faster In Asia
Monday, July 6, 2015 - 9:15am | 345McDonald's Corporation (NYSE: MCD) has had a difficult year as consumer tastes shifted and the restaurant battled criticism over its ingredients and lack of healthy offerings. However, the burger chain has been working to restore its bottom line, especially in China, where the massive...
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Exclusive: Boston Market CEO Talks 'Chicken Wars' Strategy
Wednesday, June 3, 2015 - 8:06am | 566Benzinga recently had the chance to speak to Boston Market CEO George Michel about the company’s new All Good campaign and where the company fits into the growing shift toward healthier, more natural restaurant foods. Mr. Michel covered a range of topics, including the “Chicken Wars...
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Bojangles' Prices IPO At $19, High End Of Range
Friday, May 8, 2015 - 9:46am | 346Investors have shown an appetite for restaurant-related stocks, and investors will get their first look at Bojangles' Restaurants, Inc. (NASDAQ: BOJA) on Friday as shares will begin trading for the first time on the stock market. Bojangles' Restaurants has a menu that focuses on traditional...
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Keith Meister: Yum! Brands Is Well-Managed And Has Great Forward Opportunities
Monday, May 4, 2015 - 3:08pm | 383Yum! Brands, Inc. (NYSE: YUM) hit an all-time high of $94.13 on Monday. Shares of the company surged on back of comments made by Corvex Management founder and CIO Keith Meister at the Ira Sohn conference, revealing that his hedge fund owns $1.5 billion of Yum's stock. Additionally, Meister...
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Taco Bell's Breakfast Innovation Continues
Wednesday, April 22, 2015 - 2:15pm | 473With global fast food giant McDonald's Corporation (NYSE: MCD) reeling from slumping global sales, Yum! Brands, Inc. (NYSE: YUM) is showing no signs of stopping its push into McDonalds’ territory. Breakfast Battleground Yum’s Taco Bell launched its breakfast menu in March 2014...
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Why Yum! Brands Could Underperform, According To Credit Suisse
Wednesday, March 11, 2015 - 10:29am | 252In a report published Tuesday, Credit Suisse analyst Jason West initiated coverage of Yum! Brands, Inc. (NYSE: YUM) with an Underperform rating and $74 price target, reflecting ongoing concerns in China. According to West, the pace of recovery of Yum! Brands China business (which accounts for...
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Cramer: Yum! Brands 'Certainly Lets McDonald's Look A Lot Better'
Wednesday, December 10, 2014 - 2:29pm | 401Yum! Brands, Inc. (NYSE: YUM) fell drastically after the company announced cutting its profit forecast for the year 2014. In notes to clients, the company informed shareholders that its EPS will rise by a mid-single-digit percentage (excluding some items), which is significantly lower than the...
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Is McDonald's Going Fast Casual?
Friday, October 10, 2014 - 1:19pm | 728McDonald’s Corporation (NYSE: MCD) has been experimenting in an effort to combat falling sales. The company in September installed several build-your-own-burger kiosks in Southern California. At the stand-alone kiosks, customers could add one or more of nearly 20 toppings to one or...
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6 Of The Most Successful Fast-Food Campaigns Of All Time
Monday, August 18, 2014 - 3:01pm | 995Most people know fast-food restaurants by their slogans – past and present. For McDonald’s (NYSE: MCD), it's likely, “I’m lovin’ it.” KFC, which used to be called Kentucky Fried Chicken, immediately brings to mind, “Finger lickin’ good....
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5 Famous Fast Food Resurrections
Friday, August 15, 2014 - 2:08pm | 991Despite what many people think, fast food restaurant chains do pay attention to customer requests to bring back old favorites. When they comply, sometimes it’s only for a short while, or in limited locations, or in a “reinvented” form that barely resembles the original. Here...
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Fast Food Shares Down On China Chicken Supplier Scare
Thursday, July 31, 2014 - 11:35am | 254Fast food companies with exposure in China trended down Thursday after Yum! Brands (NYSE: YUM) said a chicken supplier in its China market is under investigation for improper food-handling practices. The issue resulted in a "significant, negative impact to same-store sales at both KFC and...