Talk about job security—McDonald's clown isn't going anywhere, its CEO told shareholders.» Read More
May 1- Wall Street rose at the open on Friday as healthcare and technology stocks, led by Gilead and Apple, rebounded after two weak sessions, and despite data that came in lower-than-expected. Apple shares rose 1.5 percent to $126.94 and was the biggest driver on the Dow, Nasdaq and S&P 500.. Gilead led the gains with a 3 percent increase to $103.53 after its...
Yum spiking on Dan Loeb,Third Point LLC, announcing he is taking a significant stake in the company. Sara Senatore, Sanford Bernstein senior analyst, discusses.
CNBC's Scott Wapner reports hedge fund manager Dan Loeb has taken a significant stake in Yum Brands and a new position in Devon Energy. Also Loeb is invested in Japan in a big way, reports Wapner.
SHANGHAI, April 30- Beijing authorities have fined U.S.-based J.R. Simplot's China processing unit, which supplies frozen french fries to McDonald's Corp, 3.92 million yuan for water pollution, state media and Simplot said. A local regulator in Fengtai district of Beijing found that Beijing Simplot Food Processing Co Ltd had been discharging contaminated...
Using demonstrations and campaigns in traditional and social media, consumers are increasingly forcing companies to change their ways.
12 S&P 500 companies are expected to see upside in the stocks, despite disaster of an earnings season for Q1, USA Today reports.
“Mad Money” host Jim Cramer declares the search is over for the best online stock.
Jim Cramer's five stocks that are hard to kill and ready for a big turnaround. Could they be good spec plays for your portfolio?
*Visa, MasterCard rise as China opportunity seen. April 22- U.S. stocks ended stronger on Wednesday as Visa's potential expansion into China and talk of a turnaround at McDonald's helped investors look beyond a mixed bag of quarterly earnings. Visa ended 4.07 percent higher at $68.01 after hitting a record high of $69.98, while MasterCard closed up 3.91 percent...
*Visa, MasterCard rise as China opportunity seen. Visa gained as much as 7.1 percent to hit a record of $69.98, while MasterCard came shy of its all-time high, after China said it would open up its market to foreign firms for clearing domestic bank card transactions. MasterCard was up 4.04 percent at $91.31.
April 22- Yum Brands Inc, owner of the KFC, Taco Bell and Pizza Hut restaurant brands, on Wednesday said it expects another tough quarter before a recovery in China, its No. 1 revenue and profit driver, bolsters results in the second half. Yum China's 2014 second quarter ended roughly a month before allegations of improper meat handling at OSI Group's Shanghai Husi...
Some of the names on the move ahead of the open.
RJ Hottovy, global director of Consumer Equity Research at Morningstar, explains why Yum's first-quarter earnings may have alleviated concerns over last year's food scandal.
"Fast Money" traders discussed their restaurant stock picks after big post-earnings moves in Chipotle and Yum Brands.
Earnings retain the spotlight on Wednesday, with several more blue chips and technology heavyweights set to report.
Yum! Brands is moving higher after hours, with CNBC's Jane Wells. Same-store sales fell 12 percent in China, better-than-expected.
Check out the companies making headlines after the bell Tuesday: Amgen, Yahoo, Chipotle & more.
April 21- Yum Brands Inc, owner of KFC and Pizza Hut chains, on Tuesday said business in its biggest market China is recovering from a meat scare at one of its minor suppliers and that the division would finish the year strong. Yum is making "continued progress" in China, Chief Executive Greg Creed said in a statement. "We will deliver full-year EPS growth of at least 10...
April 21- Yum Brands Inc, owner of KFC and Pizza Hut, said on Tuesday that sales at established restaurants in its biggest market China fell less than expected for the first quarter as it works to recover from a food scandal involving a minor supplier. Same-restaurant sales in China, Yum's No. 1 market for revenue and profit, declined 12 percent for the latest quarter...
Yum! Brands is reporting Q1 EPS of $0.80 adjusted on revenue of $2.62 billion, with CNBC's Jane Wells.