Jefferies Cuts Price Target on Yum! Brands (YUM) Following China Spin-Off
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Yum! Brands (YUM) Approves $2B Stock Buyback Plan
November 17, 2016 4:17 PM ESTYum! Brands, Inc. (NYSE: YUM) announced that its Board of Directors authorized repurchases of up to $2 billion in shares of common stock through year end 2017. This is in addition to all prior authorizations. The anticipated share repurchases are part of Yum! Brands commitment to returning significant capital to shareholders.
... MoreMcDonald's investor renews push for antibiotic reduction in all meat
November 17, 2016 10:40 AM ESTBy Lisa Baertlein
(Reuters) - A McDonald's Corp (NYSE: MCD) shareholder is redoubling efforts to convince the fast-food chain to stop all of its global restaurants from serving the meat of animals raised with antibiotics that are vital for fighting human infections.
More than 70 percent of medically important antibiotics in the United States are sold for livestock use. Scientists have warned that the routine use of antibiotics to promote growth and prevent illness in healthy farms animals contributes to the rise of dangerous, antibiotic-resistant "superbug" infections, which kill at least 23,000... More
