Restaurant operator KFC files lawsuit against three companies in China whose social media accounts spread claims about its food.» Read More
NEW YORK— McDonald's is tweaking how it cooks it burgers in hopes of winning back customers. To improve the taste of its food, the chain is toasting its buns longer so sandwiches will be warmer, said McDonald's CEO Steve Easterbrook at the Bernstein's Strategic Decisions Conference in New York. McDonald's Corp., based in Oak Brook, Illinois, said June will be the...
May 26- Taco Bell and Pizza Hut, two of Yum Brands Inc's largest restaurant chains, said they would remove artificial colors and flavors from their food as consumers shift to products perceived as healthier. Taco Bell said on Tuesday it planned to replace all artificial flavors and colors and some additives such as trans-fats in its foods with natural...
NEW YORK— Taco Bell and Pizza Hut say they're getting rid of artificial colors and flavors, making them the latest big food companies scrambling to distance themselves from ingredients people might find unappetizing. Instead of "black pepper flavor," for instance, Taco Bell will start using actual black pepper in its seasoned beef, says Liz Matthews, the chain's...
KFC brings back a marketing icon as part of a major brand refresh.
With data from the latest SEC filings, CNBC Pro ran a study of more than 40 prominent hedge funds to find where the big money is placing bets.
What's old is new again at fast food chain Kentucky Fried Chicken.
Here's the best research calls from top Wall Street firms Tuesday.
Stock-picking hedge funds are finally beating low-cost equity index funds this year—here's how the best did it.
Exclusive data to CNBC from Brandwatch shows which food, restaurant, and beverage brands have the best and worst presence on social media.
Here's the real reason why Netflix is at $600, says Michael Yoshikami.
May 15- Some of the top U.S. hedge fund investors and activists, including Jana Partners LLC took new positions or raised their equity stakes in fast food chain McDonald's Corp during the first quarter, according to regulatory filings on Friday. Highfields Capital Management LP raised its stake more than 1,000 percent to 9.8 million shares, valued at about...
NEW YORK, May 15- Top U.S. hedge fund management firms, including Dan Loeb's Third Point LLC and Farallon Capital Management, trimmed some of their equity exposure in eBay Inc, but kept high positions in the e-commerce company's shares during the first quarter, according to regulatory filings. MD Sass Investors Services Inc liquidated its position in eBay,...
As many first-quarter filings from hedge funds surfaced, traders discussed how to play stocks top funds were buying and selling.
*Yum Brands up after J.P. Morgan upgrade. *Netflix jumps after report of China entry. May 15- U.S. shares ended little changed on Friday, with the S&P 500 edging up to a record high for a second straight session after a ream of weak economic data.
U.S. stocks closed narrowly mixed in choppy trade on Friday, as disappointing data weighed on investor sentiment amid dollar declines and lower bond yields
Before the presidential race heats up, Congress should pass an open-Internet law, says Jamal Simmons.
JPMorgan upgraded Yum Brands to "overweight" on the thesis that spinning off the China business is no longer a "possibility" but a "probability."
*Yum Brands up after J.P. Morgan upgrade. *Netflix jumps after report of China entry. "With the markets treading, it's really reflecting what's happening in the general economy," said Warren West, principal at Greentree Brokerage Services in Philadelphia.
Sarat Sethi, Douglas C. Lane & Associates, shares his view of Yum Brands' growth in China, and if a spinoff is right for the company.
Sysco's CEO says the FTC, which is suing to block the company's merger with US Foods, has it all wrong.