Dow futures rise 50 pts; caution ahead of crucial Fed decision
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- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
- One killed, three injured when man attacks Swedish school with sword
Yum! Brands (YUM) slides as FX headwinds weigh on operating porift
May 3, 2023 8:39 AM EDTYum! Brands (NYSE: YUM) shares tumbled Wednesday after missing first-quarter profit expectations.
The KFC, Pizza Hut, and Taco Bell owner reported Q1 adjusted EPS of $1.06, $0.07 worse than the analyst estimate of $1.13 and 23% below Q1 2022. In addition, the company's FX headwinds unfavorably impacted YUM's divisional... More
