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McDonald's Supplier Forced To Suspend Meat Production By Shanghai FDA
Monday, July 21, 2014 - 7:47am | 1107Read More...On Sunday night, Shanghai Husi Foods suspended production meat supplied McDonald's (NYSE: MCD) and YUM! Brands (NYSE: YUM) KFC and Pizza Hut chains. The Shanghai Food and Drug Administration issued a suspension of operations for Shanghai Husi Foods after the agency's...
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Yum Brands Q2 2014 Earnings Call Highlights
Thursday, July 17, 2014 - 1:55pm | 590Read More...Yum Brands (NYSE: YUM) released its Q2 2014 earnings call consisting of outstanding growth in China division and solid growth in Taco bell Division. Before the call, Yum reported EPS for Q2 of $0.73 compared to analyst expectations of $0.72. Revenues for the quarter came out to 3.2 billion, coming...
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Yum! Brands Down On Q2 Report, Despite Strong International Growth
Wednesday, July 16, 2014 - 5:00pm | 226Read More...Yum! Brands (NYSE: YUM) shares are trending lower Wednesday following the food giant’s second-quarter results. The company reported sales of $3.2 billion for the quarter, slightly missing the $3.23 billion estimate. Year over year this is a 10.3 percent improvement. Sales growth was...
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Yum! Brands Conference Call Highlights; All About China
Wednesday, April 23, 2014 - 4:23pm | 1832Read More...Yum! Brands (NYSE: YUM) reported its first quarter earnings on April 23, 2014. Shares of the company are down 0.86 percent or $.67 per share to $76.81. Below are some key takeaways from its conference call: David Novak, Chairman and CEO: • Based on first quarter results and current sales...
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Yum! Brands Earnings Preview: A Delicious Treat Or Indigestion?
Tuesday, April 22, 2014 - 1:39pm | 873Read More...Yum! Brands (NYSE: YUM) will report its first quarter results on Tuesday after the closing bell. Analysts are expecting the fast-food chain operator to earn $0.85 per share on revenue of $2.80 billion. The last time Yum! Brands reported its earnings was on February 3 when the company earned $0.70...
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Yum! Brands vs. Wendy's - Who Would You Rather Invest In?
Friday, February 28, 2014 - 12:51pm | 582Read More...The restaurant business is one of the most difficult to successfully operate. Countless headaches afflict it, including location, supply chains, public attitudes and tastes, and governmental regulations. The franchise restaurant concept alleviates most of this pain, and has exploded in popularity...
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Yum! Brands Delivers A Tasty Quarterly Result
Tuesday, February 4, 2014 - 4:19pm | 922Read More...After the closing bell on Monday, Yum! Brands (NYSE: YUM) reported its fourth quarter results. The company announced an EPS of $0.86, beating the consensus estimate of $0.80. Revenue of $4.17 billion missed the consensus estimate of $4.08 billion. Same-store sales declined overall by four...
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Yum! Brands Rises After Q4 Results
Monday, February 3, 2014 - 6:01pm | 277Read More...Yum! Brands (NYSE: YUM) is up more than three percent in after hours trading after the company announced its fourth quarter results. The fast food conglomerate reported a Q4 EPS of $0.86 versus the Street estimate of $0.80. Earnings per share were up four percent from the year-ago period....
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Taxpayers Foot $1.2 Billion Public Assistance Bill for McDonald's Employees
Thursday, October 17, 2013 - 6:45am | 675Read More...Each year, U.S. taxpayers pay out $1.2 billion in public assistance to workers at McDonald’s (NYSE: MCD), according to a study released Tuesday by the National Employment Law Project. The NELP study used data from another one conducted by economists at the University of California-Berkeley and...
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Yum! Brands Earnings Preview: Signs of a Turnaround? (YUM)
Tuesday, July 9, 2013 - 7:32am | 727Read More...Yum! Brands (NYSE: YUM), which is slowly recovering from last December's KFC chicken scare and subsequent avian flu fears in China, is scheduled to report its second-quarter results Wednesday, July 10, after the markets close. Yum! Brands makes much of its revenue in China, and investors have...
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These 11 Companies Are Paying Less and Keeping Americans Poor
Saturday, May 11, 2013 - 11:11am | 295Read More...The National Employment Law Office has uncovered a disturbing statistic. Since the job market hit a bottom in February 2010, lower-wage jobs have grown nearly three times faster than jobs that pay more. While the recession has seen companies like McDonald's (NYSE: MCD) thrive -- a 130 percent...
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McCormick & Company Posts Spicy First Quarter, Sour Guidance
Tuesday, April 2, 2013 - 10:33am | 404Read More...McCormick & Company (NYSE: MKC) posted better-than-expected earnings and revenue in the first quarter of fiscal 2013. The Sparks, Maryland firm posted earnings of $0.57 per share, up 3.6 percent versus Q1 2012. This edged the Wall Street consensus of $0.56. First quarter revenue climbed three...
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Yum! Continues Climb on Better-Than-Expected Sales in China
Tuesday, March 12, 2013 - 12:07pm | 549Read More...On Monday, Benzinga reported Yum!'s (NYSE: YUM) after-hours spike of over seven percent. The spike was due to word of better-than-expected February sales in China. For the first quarter, same-store sales were down 20 percent. This was largely impacted by a steep decline in KFC sales, as the brand...
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Yum Brands Tumbles on Chinese Guidance
Monday, February 4, 2013 - 5:58pm | 146Read More...Yum Brands (NASDAQ: YUM) traded down after reporting earnings Monday afternoon. Shares fell more than 4 percent in after-hours trading. Yum Brands reported fourth quarter earnings per shares of $0.83, more than a $0.82 estimate, on revenue of $4.15 billion -- greater than the $4.12 billion that...
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Yum! Brands Earnings Preview: China Still in Focus
Saturday, February 2, 2013 - 4:16pm | 732Read More...Yum! Brands (NYSE: YUM), which is facing lawsuits related to its KFC brand in China, is scheduled to report its fourth-quarter and 2012 results Monday, February 4, after the markets close. Yum! Brands makes much of its revenue in China, so investors will be keeping a close eye on developments there...
