Company
NYSE:YUM
Yum! Brands Inc is focused on building KFC, Pizza Hut, Taco Bell and The Habit Burger Grill to be the world’s most loved, trusted and fastest growing restaurant brands. As a global company that serves millions of consumers at 55,000 restaurants across 155 countries and territories, we aim to make the world better by acting responsibly with respect to food, planet and people.
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Outbreaks of foodborne illnesses at its restaurants have damaged the burrito chain’s reputation in recent years, while analysts have criticized a perceived lack of innovation - all things Brian Niccol will be tasked with changing
Investments and investor services
The blue-chip index closed at 7,214, up 46 points on the day
David Gibbs: "We are on track with our strategic transformation to accelerate growth and make significant progress towards achieving these objectives in 2017”
The owner of fast food chains Pizza Hut, KFC and Taco Bell, reported global same-restaurant sales growth of 3% in the quarter, beating market expectations for a rise of 1.7%
The new pouches contain three layers of materials, including a PET Aluminum Radiant Barrier that reflects heat
The company also announced that Joey Wat, the current president and chief operating officer, will succeed Mickey Pant as CEO in March 2018
The fast food chains were upgraded by RBC, while there was a major earnings miss for Bed Bath and Beyond
Sales missed expectations as its pizza restaurant chain failed to cut the mustard
US stocks closed solidly higher on Thursday, and close to fresh record highs negotiated intraday after President Donald Trump vowed “phenomenal” corporate tax cuts within weeks
Taco Bell wants annual sales to hit US$15bn over the next six years.
US stocks closed lower in a broad fall on Tuesday, led by dividend-paying sectors, as traders eyed a safer haven-inspired drop in Treasury bond yields as well as headlines on the looming presidential election a week away
The company expects having an even greater proportion of franchisors will improve cash flow
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Twitter shares may have ended 21.4% higher at $22.62 on takeover rumours on Friday, but the micro-blogging site was given a cautionary note by RBC tech analyst Mark Mahaney
Shares in Yum Brands (NYSE:YUM) jumped up over 4% in pre-market as first quarter sales beat market expectations, thanks to a good performance in China.
Benjamin Golden could face up to a year in jail and 10,000 in fines.
Analyst believes decision indicates conditions in China becoming increasingly challenging.
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The Dow fluctuates; the S&P 500 is down less than 0.1%.
Below are the main news driven share price changes at 2:53 p.m. in New York on Tuesday:
Split follows pressure from activist investor Keith Meister
