Nomura Securities Raises Price Target on Yum! Brands (YUM) Following 2Q Release
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Yum! Brands (YUM) Says China Comps up Low-Single-Digits So Far in Q3 - Conf. Call
July 14, 2016 9:45 AM EDTYum! Brands (NYSE: YUM) says China comparable-store sales up in the low-single-digits range so far this quarter (FQ316), according to the company's conference call on Thursday.
... MoreOppenheimer Reiterates Outperform on Yum! Brands (YUM) Following 2Q Results
July 14, 2016 9:43 AM EDTOppenheimer reiterated an Outperform rating and $93.00 price target on Yum! Brands (NYSE: YUM) following the company's 2Q earnings report. Yum reported adjusted EPS of $0.75, a penny ahead of consensus. Each segment was essentially in line, except for KFC, which was light. This was... More
Pre-Open Stock Movers 07/14: (SUNW) (CREE) (YUM) (JPM) Higher; (ACHN) (LXU) (SUM) Lower (more...)
July 14, 2016 9:27 AM EDTToday's Pre-Open Stock Mover:
Sunworks, Inc. (NASDAQ: SUNW) 16.5% HIGHER; announced today that Amazon has contracted with Sunworks to oversee the rooftop solar installations of 1 Megawatt mounted projects in both Reno, Nevada and Windsor, Connecticut. Sunworks was selected based on its history, experience and reputation as a quality solar provider.
Cree, Inc. (Nasdaq: CREE) 9.4% HIGHER; announced execution of a definitive agreement to sell its Wolfspeed... More
Yum! Brands (YUM): PT Increases but Rating Stays At Market Perform - Wells Fargo
July 14, 2016 7:34 AM EDTWells Fargo analyst, Jeff Farmer reiterated his Market Perform rating on Yum! Brands (NYSE: YUM). Overall, a decent quarter driven by better margins offset by softer sales, but 1-year same-store sales (SSS) trend improvement in China and FY16 guidance raise will likely move... More
Wall Street sets another record as JPMorgan leads banks higher
July 14, 2016 7:25 AM EDTBy Rodrigo Campos
NEW YORK (Reuters) - Financial stocks led the S&P 500 and the Dow industrials to record highs on Thursday after JPMorgan's strong quarterly results, while upbeat economic data cemented bets that the current rally on Wall Street can chug along.
JPMorgan (NYSE: JPM), the biggest U.S. bank by assets and the first among its peers to issue results this earnings season, reported a much better-than-expected rise in quarterly revenue.
The bank's shares rose 1.5 percent to $64.12, while the S&P financial index rose 0.89 percent.
... MoreBTIG Sees Positives in Relatively Weak Q2 Report from Yum! Brands (YUM); Affirms at 'Neutral'
July 14, 2016 6:53 AM EDTBTIG affirms Yum! Brands (NYSE: YUM) with a Neutral rating following Q2 results issued Wednesday night.
Analyst Peter Saleh summarized: Results were weaker than expected on the top-line though still had enough positive elements, including the guidance increase and recent improvement... More
Yum! Brands (YUM) volatility elevated into inline Q2 and update on separation of China unit
July 14, 2016 5:59 AM EDTYum! Brands (NYSE: YUM) July call option implied volatility is at 82, August is at 27; compared to its 52-week range of 21 to 45 into reporting inline Q2 results and a upbeat commentary on the separation of its China unit.
... MoreAfter-Hours Stock Movers 07/13: (YUM) (RARE) (MON) Higher; (LXU) (LGF) Lower (more...)
July 13, 2016 5:50 PM EDTToday's After-Hours Mover
Yum! Brands (NYSE: YUM) 4.4% HIGHER; reported Q2 EPS of $0.75, $0.01 better than the analyst estimate of $0.74. Revenue for the quarter came in at $3.01 billion versus the consensus estimate of $3.07 billion. China comps rose 3 percent, which was flat with... More
Yum! Brands (YUM) Tops Q2 EPS by 1c; China Comps Growth Inline with Views
July 13, 2016 4:16 PM EDTYum! Brands (NYSE: YUM) reported Q2 EPS of $0.75, $0.01 better than the analyst estimate of $0.74. Revenue for the quarter came in at $3.01 billion versus the consensus estimate of $3.07 billion.
China comps rose 3 percent, which was flat with expectations.
SECOND-QUARTER HIGHLIGHTS
Opened 373 new restaurants worldwide; 72% of international development occurred in emerging markets.On track to finalize China separation with targeted completion date around October 31, 2016.Foreign currency translation negatively impacted operating profit by $16 million.... MoreTrading Radar for 7/13: Yum! Brands (YUM), CSX Corp. (CSX), AngioDynamics (ANGO) Report
July 12, 2016 2:24 PM EDTThe Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Economics:
7:00am EDT
8:30am EDT
Export Prices: ex. Ag - no Street consensusImport Prices: ex.... MoreYum! Brands (YUM) July call volatility elevated into Q2 and outlook
July 12, 2016 1:08 PM EDTYum! Brands (NYSE: YUM) July call option implied volatility is at 61, August is at 25; compared to its 52-week range of 21 to 45 into the expected release of Q2 on July 13.
... More
