Yum! Brands Inc (YUM.N)
24 Oct 2014
|Market Cap (Mil.):||$30,572.00|
|Shares Outstanding (Mil.):||437.49|
SINGAPORE, Oct 13 - Yum Brands Inc is partnering with Singapore-listed Yoma Strategic Holdings Ltd to debut a KFC restaurant in Myanmar in 2015, making it one of the first big Western fast-food chains to enter the newly emerging market.
(Adds details on Yum's business in China, industry background)
Oct 8 - Yum Brands Inc on Wednesday said it expects China sales to bounce back strongly in 2015, but warned that it likely would take several months to recover from a supplier scandal that scared away diners in its most important market.
Reuters Market Eye - Jubilant Foodworks falls 1.4 percent. Rival Yum Brands Inc cut its 2014 earnings forecast on Tuesday.
* Jubilant Foodworks falls 1.4 percent. * Rival Yum Brands Inc cut its 2014 earnings forecast on Tuesday. * Yum's same store sales in India declined between 3-4 percent - analysts say. (email@example.com / firstname.lastname@example.org)
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(Adds details on China scare, adds link to graphic, byline)
Oct 7 - Yum Brands Inc on Tuesday said same-store sales in China fell 14 percent in the third quarter due to a food safety scare involving a former supplier and lowered its earnings growth forecast for the full year.
NEW YORK - The suddenly unstoppable U.S. dollar is posing a triple threat to American companies' profits: driving up the costs of doing business overseas, suppressing the value of non-U.S. sales and, perhaps most worryingly, signaling weak international demand.
SHANGHAI, Sept 22 - U.S. food firm OSI Group LLC has cut 340 jobs at its embattled Shanghai plant, which supplied McDonald's Corp and Yum Brands Inc , bringing the facility close to shutdown, the firm said in a statement on its website on Monday.
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