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What Does Yum Brands' Spinoff Mean For Your Existing Shares?
Tuesday, November 1, 2016 - 2:36pm | 382Read More...Shares 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 | 341Read More...Greg 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 | 460Read More...Yum! 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 And The China Chicken Contraction
Wednesday, August 10, 2016 - 1:28pm | 250Read More...A shortage of chicken supplies in China posses a risk for Yum! Brands, Inc. (NYSE: YUM) given its high level of exposure to the country. In a research report published Wednesday, Jeremy Scott of CLSA pointed out that the USDA Beijing Bureau is expecting a "more significant"...
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Here Are The Consortiums That Are Interested In Yum Brands' China Stake
Thursday, May 19, 2016 - 8:14am | 264Read More...Yum! 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 | 237Read More...A 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 Sales Fall 3%, $6.2 Billion To Be Returned To Shareholders Before China Separation
Thursday, December 10, 2015 - 2:02pm | 298Read More...Yum! Brands, Inc. (NYSE: YUM) sales fell 3 percent on Thursday. The company will return $6.2 billion to its shareholders between the separation announcement date of October 20 and the actual business separation, which is expected to be completed by the end of 2016. For 2016, Yum also released...
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Credit Suisse: Here's How Yum! Is Doing In China
Friday, November 13, 2015 - 2:59pm | 362Read More...Shares of Yum! Brands, Inc. (NYSE: YUM) gained nearly 3 percent on Friday. Yum Brands reported a 5 percent increase in its China same-store sales for the month of October. Jason West of Credit Suisse commented on the metrics, noting that investors should "avoid being overly buoyed." Shares of Yum...
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Wall Street Can't Reach A Consensus On Yum! Brands
Wednesday, October 7, 2015 - 11:04am | 1161Read More...Shares 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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Why Yum China's CEO Departure Doesn't Look Like A Warning Sign
Wednesday, August 19, 2015 - 11:46am | 341Read More...Yum! Brands, Inc. (NYSE: YUM)'s long-time China CEO, Sam Su, announced his plans to retire. The executive served as Acting General Manager for China back in December 1989 when China KFC had only four units and has been with the company since then in various senior roles. Jefferies: Business...
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Oppenheimer Says Yum! Brands Reward Outweighs Risk, Places $90 Price Target
Monday, April 20, 2015 - 2:40pm | 295Read More...In a report published Monday, Oppenheimer analyst Brian Bittner reiterated an Outperform rating on shares of Yum! Brands, Inc. (NYSE: YUM) with a price target boosted to $90 from a previous $80, noting that the company's near-term results are "tough to call" but the fundamental setup may improve...
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Why Yum! Brands Could Underperform, According To Credit Suisse
Wednesday, March 11, 2015 - 10:29am | 252Read More...In 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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Goldman Sachs Sees Structural Concerns Over Yum! Brands China Business
Monday, December 8, 2014 - 1:00pm | 257Read More...Karen Houlthouse of Goldman Sachs resumed coverage of Yum! Brands (NYSE: YUM) on Monday with a Sell rating and $70 price target due to “structural” concerns over the company's China business. “We believe the local competition will arrive more quickly [in China] than in...
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Market Wrap For January 7: Markets Reverse 3-Day Slump
Tuesday, January 7, 2014 - 5:39pm | 2743Read More...For the first time in the new year, markets ended the day on a positive note. While it is only a few days in, markets appear to have started off 2014 on uncertain footing. Investors and traders found some positives in the U.S. trade deficit which fell to its lowest level in four years, an...
