Jefferies Reiterates Hold on Yum! Brands (YUM) Following 2Q Results

Oppenheimer Remains Bullish on Yum! Brands (YUM) Following 2Q EPS Beat

July 15, 2015 9:45 AM EDT

Oppenheimer reiterates an Outperform rating and $105.00 price target on Yum! Brands (NYSE: YUM) following 2Q15 results. Adjusted EPS of $0.69 beat Street's $0.62, and management reconfirm its '15 EPS growth outlook of 10%+.

Analyst Brian Bittner commented, "We believe YUM could be worth $140-150 in... More

RBC Capital Reiterates Top Pick on Yum! Brands (YUM) Following 2Q Earnings

July 15, 2015 8:19 AM EDT

RBC Capital reiterates a Top Pick rating and $103.00 price target on Yum! Brands (NYSE: YUM) following 2Q15 earnings results. Reported adjusted EPS was $0.69 (compared to $0.62 consensus). Analyst David Palmer believes significant stock appreciation beyond base case is possible over the next year.

Palmer... More

Futures steady ahead of Yellen speech, Greek vote

July 15, 2015 7:53 AM EDT

By Tanya Agrawal

(Reuters) - U.S. stock index futures were little changed on Wednesday as investors await Federal Reserve Chair Janet Yellen's comments on raising interest rates and the outcome of a Greek parliament vote on the terms of a third bailout.

* Bank of America's (NYSE: BAC) quarterly profit more than doubled as legal costs dropped sharply, driving expenses down to their lowest since 2008. Its shares rose 2.5 percent to $17.55 in premarket trading.

* At her semi-annual testimony on monetary policy, Yellen is likely to face questions on how... More

Market Wrap: DJIA Climbs Back Over 18k; Retail Sales Miss in June; Twitter Gets Active on False Hope

July 14, 2015 5:22 PM EDT

Market wrap for July 14th

End of the Day: S&P 500 up 9.4 to 2,108.95; Dow Jones up 75.9 to 18,053.58; Nasdaq up 33.4 to 5,104.89

Market Brief: U.S. stocks closed higher for the fourth-straight session Tuesday, moving the DJIA back above the 18,000 level for the first time in three weeks.

Twitter popped higher on a supposed Bloomberg M&A story, which turned out to be fake. Shares quickly gave back gains.

Celgene and Receptos had a late-session announcement for Celgene to acquire Receptos for $232 per... More

Yum! Brands (YUM) Tops Q2 EPS by 6c; China Comps Fell 10%

July 14, 2015 4:11 PM EDT

Yum! Brands (NYSE: YUM) reported Q2 EPS of $0.69, $0.06 better than the analyst estimate of $0.63. Revenue for the quarter came in at $3.11 billion versus the consensus estimate of $3.19 billion.

China Division system sales declined 4%, as 7% unit growth was offset by a 10% same-store sales decline. Restaurant margin decreased 2.2 percentage points to 14.6%. Operating profit decreased 25%.

GREG CREED COMMENTS

Greg Creed, CEO, said EPS exceeded our original expectations in the second quarter and I'm pleased with the continued progress we are making... More

Yum! Brands (YUM) Up Modestly Ahead of Q2 Print

July 14, 2015 3:11 PM EDT

Yum! Brands (NYSE: YUM) is up 0.5% into second quarter earnings after the close tonight. Analysts on average are looking for EPS of $0.63 on revenues of $3.19 billion, suggesting a drop of 13.7% and 0.3% respectively from last... More

Trading Radar for 7/13: JPMorgan (JPM), Johnson & Johnson (JNJ), Fastenal (FAST), Yum! Brands (YUM), CSX (CSX) Report

July 13, 2015 2:06 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EDT

Retail Sales - Street sees 0.3%Export Prices: ex. Ag - no Street consensusImport Prices: ex. Oil - no Street... More