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AI Gunning For Fast Food Jobs Next? KFC, Taco Bell Operator Yum Brands Planning ChatGPT-Like Bots To Boost Operations
Wednesday, April 3, 2024 - 11:13pm | 642Yum Brands (NYSE:YUM), the parent company of fast food chains like Taco Bell, Pizza Hut, KFC, and Habit Burger Grill, is set to revolutionize its operations by adopting an “AI-first mentality.” What Happened: As detailed in an Ars Technica article, Yum’s commitment to AI will span...
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Elon Musk's Morning Fuel: The Taco Bell Breakfast Delight He Declares 'Amazing'
Friday, August 18, 2023 - 10:05pm | 567Elon Musk, the entrepreneur behind Tesla Inc. and SpaceX, has revealed one of his culinary cravings — and it involves Yum! Brands, Inc. (NYSE:YUM) -owned Taco Bell’s Breakfast Crunchwrap! What Happened: On Friday, a user took to Musk’s Twitter, now rebranded as X, and shared their love...
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GrubHub Integrates Venmo As Payment Option; Stephens Says Peers Are At Competitive Disadvantage
Tuesday, April 17, 2018 - 2:02pm | 645GrubHub Inc (NYSE: GRUB)'s first-mover advantage in food delivery positions the company to capitalize on rapid growth in the sector, according to Stephens. Its announcement Tuesday that Paypal Holdings Inc (NASDAQ: PYPL)'s Venmo is being integrated into the platform makes it...
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Yum China's Growth Story Remains Unchanged
Thursday, July 6, 2017 - 10:03am | 469Yum China Holdings Inc (NYSE: YUMC)'s earnings report on Wednesday sent the stock tumbling by more than 7 percent ahead of Thursday's market open. The restaurant operator of KFC and Pizza Hut locations in China reported that its revenue fell short of expectations in the quarter, which begs the...
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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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New Year's Earnings: PepsiCo, Yum Brands, Walgreens
Tuesday, December 27, 2016 - 12:53pm | 821This week, not surprisingly, will be very quiet on the earnings front. A beverage giant, a fast-food giant and a leading drug store operator are likely to report after the first of the year. The new earnings season really kicks into high gear in mid-January. It is little surprise that there are...
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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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High Hopes For Yum Brands Earnings, Not So Much For Micron and Monsanto
Sunday, October 2, 2016 - 10:30am | 824Three quarterly reports will highlight a quiet week on the earnings front. Wall Street analysts are looking for net losses from two of them. Other news may overshadow the latest results from the third. The third quarter may have ended but the Q3 earnings reporting season doesn...
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Morningstar Analyst: Pick Yum! Brands Over McDonald's
Wednesday, May 25, 2016 - 10:43am | 340McDonald's Corporation (NYSE: MCD) has seen its stock gain around 25 percent over the past year. On the other hand, Yum! Brands, Inc. (NYSE: YUM) has seen its stock fall around 10 percent over the same period. So why is R.J. Hottovy of Morningstar throwing his support behind Yum Brands over...
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Here Are The Consortiums That Are Interested In Yum Brands' China Stake
Thursday, May 19, 2016 - 8:14am | 264Yum! Brands, Inc. (NYSE: YUM) search for a buyer to acquire a minority stake in its China unit appears to be advancing with several parties interested. Reuters, citing "people familiar with the matter," reported Singapore's government-backed Temasek Holdings and a consortium that also includes...
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China Investment Corp. Seeking Majority Stake in Yum Brands' China Business
Tuesday, April 19, 2016 - 1:56pm | 237A consortium of investors, led by China Investment Corp is exploring a majority stake in Yum! Brands, Inc. (NYSE: YUM)'s China business which consists of more than 7,100 KFC and Pizza Hut restaurants across the country. Bloomberg, citing "people with knowledge of the matter,"...
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Yum Licks Street On Earnings Ahead Of China Spin
Wednesday, February 3, 2016 - 6:27pm | 142At least one company isn't feeling the effects of the Chinese economy's slowdown. Yum! Brands, Inc. (NYSE: YUM) posted a strong fourth-quarter earnings report after market close Wednesday, beating the Street on fourth-quarter and fiscal year earnings ahead of a planned spin-off of its...
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Google, Yahoo And LinkedIn: Who Can Beat Earnings Expectations?
Sunday, January 31, 2016 - 8:41pm | 640Three Internet giants are on deck to share their latest earnings results this week. Analysts are looking for strong earnings growth from Google-parent Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) and LinkedIn Corp (NYSE: LNKD). Expectations for Yahoo! Inc. (NASDAQ: YHOO) are considerably more...