Yum! Brands Inc (YUM.N)
27 Feb 2015
Feb 4 - Yum Brands Inc, owner of KFC and Pizza Hut, said on Wednesday that sales at established restaurants in its biggest market China fell less than feared in the fourth quarter as it fights to recover from a food scandal involving a minor supplier, and its shares jumped 2.1 percent.
CHICAGO, Jan 30 - U.S-based meat supplier OSI Group has lost hundreds of millions of dollars in revenue in the last four months due to last summer's food safety scandal in China, according to an article posted on the company's China website.
SHANGHAI - U.S. food supplier OSI Group LLC, which came under fire in China last year over allegations it used out-of-date meat, has criticized the handling of the case by the local food regulator, a rare act in China where firms are usually careful not to openly challenge the authorities.
SHANGHAI, Jan 7 - U.S. food supplier OSI Group LLC, which came under fire in China last year over allegations it used out-of-date meat, has criticised the handling of the case by the local food regulator, a rare act in China where firms are usually careful not to openly challenge the authorities.
(Corrects Reuters Instrument Code for McDonald's in paragraph five)
SHANGHAI - U.S. fast-food chain Subway is investigating media reports in China that workers at an outlet in Beijing doctored food labels and used produce beyond its expiry date, a Shanghai-based spokeswoman for the firm said on Monday.
Dec 11 - Yum Brands Inc said on Thursday its sales at established restaurants in China dropped 15 percent in November but are improving from that level this month.
LOS ANGELES, Dec 11 - Yum Brands Inc on Thursday said its sales at established restaurants in China dropped 15 percent in November and are improving from that level this month.
Dec 9 - Yum Brands Inc lowered its profit forecast for the year for the second time, hurt by slower-than-expected sales recovery in China following a food safety scare in July.
* Dow down 0.3 pct, S&P down 0.02 pct, Nasdaq up 0.5 pct (Updates close with Yum Brands down after the bell)
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