Yum! Brands Inc (YUM)
23 Feb 2017
* Yum Brands - Keith A. Meister, managing partner of Corvex Management Lp, has elected to step down from its board of directors Source text for Eikon: Further company coverage:
* takes share stake of 3.0 million shares in Time Warner Inc - sec filing
Yum Brands Inc reported a better-than-expected rise in quarterly profit on Thursday, helped by refranchising efforts and strong sales at its KFC and Taco Bell restaurants.
* Same-store sales up 3 pct at KFC, Taco Bell (Adds CEO comments, shares)
Feb 9 Yum Brands Inc, the owner of KFC and Taco Bell, reported a lower-than-expected rise in quarterly sales at established restaurants worldwide as fewer diners ate at its Pizza Hut chain.
(Story corrects same-store sales results for restaurants in third paragraph)
Feb 3 Diary of U.S. (.SPX) corporate earnings for the week ahead. ** Please Note - All times given are in U.S. EST unless otherwise stated ** U.S. EARNINGS Start Date Start Time RIC Company Event Name 06-Feb-2017 BMO NWL.N Newell Brands Inc Q4 2016 Newell Brands Inc Earnings Release 06-Feb-2017 BMO L.N Loews Corp Q4 2016 Loews Corp Earnings Release 06-Feb-20
CHICAGO/LOS ANGELES Restaurant chains Burger King and Tim Hortons plan to switch to chicken raised without antibiotics considered "critically important" to human medicine, their owner said on Wednesday, making it the latest company to ditch the drugs over health concerns. | Video
NEW YORK/LONDON China's Bright Food Group [SHMNGA.UL] has hired Goldman Sachs to sell the breakfast cereal maker Weetabix in a deal that could value the famous British brand at roughly 1 billion pounds, according to three sources familiar with the matter.
* Yum! Brands Inc. announces authorization of up to $2 billion in share repurchases Source text for Eikon: Further company coverage:
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