Edition:
United States

Key Developments: Yum! Brands Inc (YUM)

YUM on New York Consolidated

79.56USD
29 Apr 2016
Change (% chg)

$-0.88 (-1.09%)
Prev Close
$80.44
Open
$80.39
Day's High
$80.39
Day's Low
$79.05
Volume
2,257,939
Avg. Vol
3,990,250
52-wk High
$95.90
52-wk Low
$64.58

Search Stocks

Latest Key Developments (Source: Significant Developments)

Yum! Brands Inc announces intention to separate into two publicly traded companies
Tuesday, 20 Oct 2015 07:00am EDT 

Yum! Brands Inc:Announces intention to separate into two publicly traded companies.Says China division to become independent company focused on growth in mainland China.Does not expect to have incremental ongoing operating costs associated with operating as two separate, publicly-traded companies.Says the transaction is expected to be completed by the end of 2016 and is intended to qualify as a tax-free reorganization.As an independent company, Yum! China will have a predominantly Chinese leadership team.Says upon completion of the separation, Yum Brands! will be led by greg creed, and Yum! China will be led by micky pant.Effective January 2016, co's India business to integrate three restaurant brands into global kfc, pizza hut,taco bell divisions of Yum Brands!.Yum! China will become a franchisee of Yum Brands! in mainland China;will have exclusive rights to kfc,pizza hut, and taco bell.Yum! China is expected to have no significant debt, with "substantial financial capacity to invest in its business".Yum Brands! will become more of a "pure play" franchisor over time.Yum Brands! is targeting having at least 95% of its restaurants owned and operated by franchisees by the end of 2017.  Full Article

Yum! Brands nears conclusion of strategic review
Thursday, 15 Oct 2015 04:30pm EDT 

Yum! Brands Inc:Announced today it is nearing conclusion of its strategic review, the appointment of Keith A. Meister to its Board of Directors.Says the company said its Board and management are close to concluding their thorough review of strategic options, including those related to the Company's structure, and intend to communicate the outcome shortly.  Full Article

Yum! Brands Inc lowers FY 2015 EPS guidance
Tuesday, 6 Oct 2015 04:15pm EDT 

Yum! Brands Inc:Given our lower full-year expectations in China, combined with additional foreign exchange impact, we now expect FY 2015 EPS growth to be well below target of at least 10 pct.  Full Article

U.S. fast-food meat still mostly raised on antibiotics; Yum! Brands Inc's KFC graded "F" for antibiotic policies -consumer groups - Reuters
Monday, 14 Sep 2015 08:00pm EDT 

Yum! Brands Inc:Most large U.S. fast-food chains still serve meat from farm animals that have been routinely fed antibiotics, consumer groups said in a new report, which concluded that many companies have not yet laid out plans to curb the practice - Reuters.Subway, Starbucks, KFC and Domino's Pizza were among the industry leaders graded "F" for their antibiotic policies in the report from consumer and health groups, titled "Chain Reaction," released on Tuesday - Reuters.The groups, which did not release results to companies prior to publication, based their grades on public statements, survey responses and correspondence with individual chains. As a result, companies given failing grades were not immediately able to comment - Reuters.An estimated 70 percent of antibiotics important to human health are sold for use in meat and dairy production - Reuters.Concern is growing among public health experts that the overuse of such drugs, particularly those important to human medicine, are contributing to rising numbers of life-threatening human infections from antibiotic-resistant bacteria dubbed superbugs - Reuters.The U.S. Centers for Disease Control and Prevention (CDC) estimates that 2 million people are infected with drug resistant bacteria each year and 23,000 die - Reuters.  Full Article

Yum! Brands Inc reconfirms FY 2015 guidance
Tuesday, 14 Jul 2015 04:10pm EDT 

Yum! Brands Inc:Maintains 2015 full-year EPS growth of at least 10 pct.  Full Article

Yum! Brands Inc declares quarterly dividend of $0.41 per share
Friday, 1 May 2015 04:15pm EDT 

Yum! Brands Inc:Declares dividend of $0.41 per share of common stock.Quarterly dividend will be distributed Aug. 7, of record at the close of business on July 17.  Full Article

Yum! Brands Inc declares quarterly dividend
Wednesday, 25 Mar 2015 04:30pm EDT 

Yum! Brands Inc:Declares dividend of $0.41 per share of common stock.Says dividend will be distributed May 1 to shareholders of record date as on April 10.  Full Article

Yum! Brands Inc gives Q1 2015 EPS guidance in line with analysts' estimates-Conference Call
Thursday, 5 Feb 2015 09:15am EST 

Yum! Brands Inc:Expects Q1 2015 EPS will be about 20 pct lower than prior year.Reported EPS of $0.87 in Q1 2014.Q1 2015 EPS of $0.72 - Thomson Reuters I/B/E/S.  Full Article

Yum! Brands Inc maintains FY 2015 EPS guidance
Wednesday, 4 Feb 2015 04:10pm EST 

Yum! Brands Inc:Maintains full-year guidance of at least 10 pct. EPS growth in FY 2015.  Full Article

Yum! Brands Inc lowers FY 2014 EPS guidance and gives FY 2015 EPS guidance
Tuesday, 9 Dec 2014 04:15pm EST 

Yum! Brands Inc:Expects mid single digit growth for FY 2014 EPS excluding special items.Reported EPS of $2.97 in FY 2013.Expects FY 2015 EPS growth of at least 10 pct, excluding special items.FY 2014 EPS of $3.23 - Thomson Reuters I/B/E/S.FY 2015 EPS of $3.76 - Thomson Reuters I/B/E/S.  Full Article

BRIEF-Yum Brands says CFO Gibbs will get additional stock appreciation rights grant of $500,000

* Says in connection with his appointment, new CFO Gibbs will get additional stock appreciation rights grant for economic value of $500,000

Search Stocks