Yum! Brands Inc
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Hoping to increase sales and traffic in their restaurants, fast-food and fast-casual operators are cranking up the menu innovation to produce items that stray from the gastronomic norm.
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Brinker International Inc. rose$. 66 or 1.7 percent, to $40.60. Chipotle Mexican Grill Inc. rose$. 75 or. 2 percent, to $368.20. Darden Restaurants Inc. rose$. 26 or. 5 percent, to $53.25.
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Brinker International Inc. rose$. 44 or 1.1 percent, to $40.38. Chipotle Mexican Grill Inc. rose $2.20 or. 6 percent, to $369.65. Darden Restaurants Inc. rose$. 28 or. 5 percent, to $53.27.
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Yum Brands is strengthening its media strategy in the country in a bid to win back customer loyalty after a series of food scares that decimated sales this year.
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SHANGHAI, May 10- Yum Brands Inc, the largest foreign fast-food chain in China, is strengthening its media strategy in the country in a bid to win back customer loyalty after a series of food scares that decimated sales this year. An avian flu scare earlier this year and reports of false mutton being sold in China have affected both its KFC and Little Sheep chains.
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*Wendy's Q1 restaurant sales fall short, loses ground on "value". May 8- McDonald's Corp, Wendy's Co and other U.S. restaurants are battling for the attention of frugal diners with coupons, limited time offers and other promotions- a fight that could intensify if the costs of chicken and other key ingredients remain less pricey than feared.
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*Wendy's Q1 restaurant sales fall short, loses ground on "value". *Taco Bell promotes $1 food deals.
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McDonald's said on Wednesday that April sales at its established restaurants around the world declined 0.6 percent amid tough competition to attract frugal diners who are shopping around for the best deals.
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WELLINGTON, May 7- Following are some of the lead stories from New Zealand metropolitan newspapers on Tuesday. Aaron Gilmore to face Parliament today: Shamed National MP Aaron Gilmore has been told to front up in public and to his colleagues today to explain his boozy behaviour last Saturday, but he is unlikely to be kicked out of the party.
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SHANGHAI, May 6- Yum Brands Inc on Monday said its roughly 450 Little Sheep hot pot restaurants in China are not involved in a fake mutton scandal that is the latest tainted food saga to rock the country that is the fast-food chain's largest market.
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SHANGHAI, May 6- Yum Brands Inc on Monday said its roughly 450 Little Sheep hot pot restaurants in China are not involved in a fake mutton scandal that is the latest tainted food saga to rock the country that is the fast-food chain's largest market.
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BMC said it agreed to be acquired by a private equity group led by Bain Capital and Golden Gate Capital Corp for about $6.9 billion. **INERGY LP, Friday close $22.30, up 4 pct premarket. Some shareholders of Verizon Communications said they could be happy for the company to pay up to $130 billion for Vodafone Group Plc's stake in their U.S. wireless venture.
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NEW YORK, May 6- Yum Brands Inc:.
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A private equity group made up of Bain Capital and Golden Gate Capital Corp are nearing a deal to acquire BMC Software and an announcement could come as early as Monday, two people familiar with the matter told Reuters on Sunday.
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Shanghai authorities are testing mislabeled mutton from a wholesaler that supplies a chain of hot pot restaurants run by U.S. fast food firm Yum Brands.
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SHANGHAI, May 6- Shanghai authorities are testing mislabelled mutton from a wholesaler a government website said supplies a chain of hot pot restaurants run by U.S. fast food firm Yum Brands Inc, the latest safety scare to taint China's food industry.
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*Credit Suisse raises price target to $72 from $70; rating outperform. For a summary of rating and price target changes on U.S. companies: Reuters Eikon users, click on RCH/US Reuters 3000 Xtra users, double-click RCH/US Reuters Station users, click. 1568.
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*Raymond James Raises to market perform from underperform. For a summary of rating and price target changes on U.S. companies: Reuters Eikon users, click on RCH/US Reuters 3000 Xtra users, double-click RCH/US Reuters Station users, click. 1568.
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*Jefferies raises price target to $67 from $65; rating hold. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
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*RBC raises price target to $75 from $69; rating overweight. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
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The Dow snapped a three-day rally Wednesday, while the S&P 500 and Nasdaq finished nearly flat in lackluster trading, as investors digested a batch of corporate earnings against a disappointing durable goods orders report.