The Yum Brands stock price surged 5% to $75.22 today (Tuesday) after announcing it will spin off its China operations. Yum! Brands Inc. (NYSE: YUM) will split into two publicly traded companies: Yum! China and Yum! Brands. Yum! …
On a GAAP basis, Yum Brands earnings rose to $1.26 per share on 83 cents per share in Q4 2016. The fast food chain operator also recorded a charge of $434 million or 30 cents per share in connection with the repatriation of cash under …
Last week's announcement that Yum Brands would spin off its lucrative China division into a separate publicly traded company in 2016 is raising doubts among investors about the short- and medium-term benefits of holding YUM stock
Yum China's first big move came in early April, when shares climbed more than 25% on the heels of its better-than-expected first-quarter 2017 report. In that report -- and despite a particularly strong performance in the same year-ago …
Brands, Inc., which on Feb. 8 announced a partnership with Chicago-based Grubhub. Yum! Brands has agreed to purchase $200 million of Grubhub common stock, an …
... Inc. said Tuesday that it has completed the separation of Yum China Holdings Inc. and the new Yum China will begin trading on the New York Stock Exchange under the "YUMC" ticker. Yum and Yum China executives will ring the …
The restaurant industry has been lacking zing over the past few quarters. Negative comps resulting from sluggish traffic, along with rising costs, continue to take the shine out of restaurant stocks. Nevertheless, some of the big names like …
In early May, Meister laid out a plan to separate Yum China into "China Co" at the Sohn Conference. Since Meister made his position public, the stock has slumped more than 24%. The restaurant operator, which owns Pizza Hut and …