The chain wants to sell all 413 of its locations in Taiwan to a franchise operator.» Read More
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.
May 15- The likelihood is growing that Yum Brands Inc will spin off its China business, J.P. Morgan said in a client note, upgrading the company's shares to "overweight" from "neutral". J.P. Morgan analyst John Ivankoe, who attended a Yum investor conference in China this week, said in a note published on Friday that he came away with a sense that a spinoff of Yum China was...
U.S. stock index futures indicated a flat to slightly higher open on Friday, amid data releases and following a record market close on Thursday.
Take a look at some of Friday's early movers: NFLX, GMCR, SIX, DE, YUM & more
Here's the best research calls from top Wall Street firms Friday.
'Fast Money' traders discussed how to play changes at McDonald's and Shake Shack's upcoming earnings.
Here are five things Michael Yoshikami likes about Verizon's $4.4 billion purchase of AOL.
Alibaba met Michael Yoshikami's expectations on earnings but he offers this word of caution on investing in the stock.
McDonald's said nine southern California restaurants are trying out breakfast bowls made with kale.
LAS VEGAS, May 6- Billionaire investor Daniel Loeb said on Wednesday that he sees room for restaurant chain company Yum! Brands to potentially split off its China business, but said he is not pushing for that now. Keith Meister, who runs $8 billion hedge fund Corvex Management, said earlier this week that his firm had built up a stake of more than 15 million shares in...
LOS ANGELES, May 6- McDonald's Corp, which is testing a variety of new food products as part of its turnaround effort, on Wednesday said nine southern California restaurants are trying out breakfast bowls made with what is becoming a state dietary staple: kale. McDonald's rivals Chipotle Mexican Grill Inc and other quick-service chains such as Yum Brands Inc's...
These stocks in the S&P 500 have significantly moved away from their trading ranges and may be due for a drop.