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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.
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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.
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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.
Pizza Hut is testing out an Uber-like delivery service to increase sales.
NEW YORK, May 6- Amy Paternite, a real estate agent in Maplewood, New Jersey, is getting used to hearing from clients in their late twenties and early thirties who say they never thought they would leave New York City for the suburbs. "They still want good restaurants, but now it's also about space, affordability and being able to send their kids to a good public school,"...
Taco Bell wants your breakfast business and is giving out free tacos today to tempt you.
NEW YORK, May 4- Billionaire hedge fund manager David Einhorn, who often moves a stock simply by speaking its name, on Monday kicked off the year's most prominent investment conference by laying out a case against oil frackers, arguing these companies drill "lots and lots of holes" and burn through plenty of cash. Einhorn, who often unveils so-called short-bets...
Some of the biggest hedge fund managers in the world gathered in New York to present their best ideas at the annual Sohn Investment Conference.
NEW YORK, May 4- Billionaire hedge fund manager David Einhorn kicked off the 20th annual Sohn Investment Conference in New York on Monday by laying out his case against oil frackers, arguing that these companies drill "lots and lots of holes" and burn through plenty of cash. Activist investor Barry Rosenstein discussed two investment ideas that were already well...
Keith Meister, Corvex Management founder and CIO, shares his proposal to Yum Brands.
For investors nervous about a market correction, few attractive options present themselves.
U.S. stocks closed higher, recovering from the prior day's selloff, as investors eyed higher Treasury yields and looked for signs of economic growth.