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Yum! Brands Inc (YUM.N)

YUM.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Restaurant Brands New Zealand Updates On Partial Takeover Of Co
Wednesday, 6 Mar 2019 

March 6 (Reuters) - Restaurant Brands New Zealand Ltd ::CONSENT HAS NOW BEEN GRANTED IN RESPECT OF PARTIAL TAKEOVER BY CERTAIN SUBSIDIARIES OF YUM! BRANDS, INC.BOARD DOES NOT CONSIDER THAT A COMPETING PROPOSAL IS LIKELY TO EMERGE PRIOR TO CLOSING DATE OF OFFER.BOARD CONTINUES TO UNANIMOUSLY RECOMMEND CO'S SHAREHOLDERS THAT THEY ACCEPT PARTIAL TAKEOVER FOR ALL OF THEIR SHARES.  Full Article

Yum Brands CEO Greg Creed Reports Open Market Sale Of 24,058 Shares Of Co's Common Stock On Feb 15
Tuesday, 19 Feb 2019 

Feb 19 (Reuters) - :YUM BRANDS CEO GREG CREED REPORTS OPEN MARKET SALE OF 24,058 SHARES OF CO'S COMMON STOCK ON FEB 15 AT AVERAGE PRICE OF $94.58/SHARE- SEC FILING.  Full Article

Yum Brands Promotes David Gibbs To President And COO
Tuesday, 29 Jan 2019 

Jan 28 (Reuters) - Yum! Brands Inc ::YUM! BRANDS PROMOTES DAVID GIBBS TO PRESIDENT AND CHIEF OPERATING OFFICER.YUM BRANDS - GIBBS ASSUMES OPERATING LEADERSHIP OF KFC, PIZZA HUT AND TACO BELL DIVISIONS.YUM BRANDS - GIBBS RETAINS CFO ROLE AS YUM! BRANDS LAUNCHES SEARCH FOR TOP FINANCIAL POST.YUM BRANDS - YUM! BRANDS CEO GREG CREED WILL CONTINUE LEADING COMPANY'S GLOBAL GROWTH STRATEGY AND CULTURE.  Full Article

Yum Brands Increases Quarterly Dividend By 17 Percent To $0.42Per Share
Saturday, 26 Jan 2019 

Yum! Brands Inc ::YUM! BRANDS, INC. ANNOUNCES 17% INCREASE IN QUARTERLY DIVIDEND TO $0.42 PER SHARE.INCREASES QUARTERLY DIVIDEND BY 17 PERCENT TO $0.42PER SHARE.  Full Article

Yum Brands Exec - Co sees 2 Pct -3 Pct Same-Stores Sales Growth In Fiscal 2019 - Investors Day
Wednesday, 5 Dec 2018 

Dec 5 (Reuters) - Yum! Brands Inc ::CEO - WE NOW HAVE LESS THAN 1000 OF COMPANY-OWNED RESTAURANTS - INVESTORS DAY.CEO - CO ON TRACK FOR 2019 EPS TARGET OF AT LEAST $3.75 - INVESTORS DAY.CEO - WE HAVE ALL REGULATORY APPROVAL FOR PIZZA HUT-TELEPIZZA DEAL NOW - INVESTORS DAY.EXEC - SEES NET NEW UNITS GROWTH OF 3 PERCENT - 4 PERCENT FOR FISCAL 2020+ - INVESTORS DAY.EXEC - WE HAVE 10,000 CLICK COLLECT KFC RESTAURANT AND TARGETING OVER 18,000 COLLECTION POINTS - INVESTORS DAY.EXEC - SEES SAME-STORE SALES GROWTH OF 2-3 PERCENT FOR FISCAL 2020+ - INVESTORS DAY.EXEC - WE HAVE LESS THAN 400 KFC RESTAURANTS IN INDIA AND CAN DOUBLE THE NUMBER IN NEXT FIVE YEARS - INVESTORS DAY.EXEC ON PIZZA HUT- ASSETS REMAINS A DRAG ON PIZZA HUT'S BRAND PERCEPTION AND ABILITY TO EXECUTE - INVESTORS DAY.EXEC ON PIZZA HUT'S VALUE OFFERINGS - WE ARE STILL LAGGING OUR PRIMARY COMPETITORS - INVESTORS DAY.EXEC ON PIZZA HUT INTERNATIONAL - SEES 25 PERCENT OF DINE-IN ASSETS IN NEXT 3- 5 YEARS VERSUS 42 PERCENT OF DINE-IN ASSETS TODAY - INVESTORS DAY.EXEC - CO TO OPEN 250 TACO BELL UNITS OVER THE NEXT 10 YEARS IN SPAIN - INVESTORS DAY.EXEC - OPENING 100 TACO BELL UNITS OVER THE NEXT 3 YEARS IN INDIA - INVESTORS DAY.EXEC SEES 1000+ PER MARKET TACO BELL UNIT POTENTIAL IN BRAZIL, RUSSIA, INDIA AND CHINA - INVESTORS DAY.EXEC SEES 100+ PER MARKET TACO BELL UNIT POTENTIAL IN SPAIN, U.K, CENTRAL AMERICA, EASTERN EUROPE, SOUTHEAST ASIA, AUSTRALIA/NEW ZEALAND - INVESTORS DAY.  Full Article

Pizza Hut U.S. to buy online ordering provider Quikorder
Wednesday, 5 Dec 2018 

Dec 4 (Reuters) - Yum! Brands Inc ::PIZZA HUT U.S. TO ACQUIRE LEADING ONLINE ORDERING PROVIDER QUIKORDER.YUM BRANDS - TERMS OF DEAL WERE NOT DISCLOSED.  Full Article

European Commision Approves Alliance Of Telepizza And Pizza Hut
Tuesday, 4 Dec 2018 

Dec 4 (Reuters) - Telepizza Group SA ::EUROPEAN COMMISSION AUTHORIZES STRATEGIC ALLIANCE BETWEEN TELEPIZZA GROUP AND PIZZA HUT.ALLIANCE WILL BECOME EFFECTIVE ON DECEMBER 30, 2018.FOLLOWING CLOSING OF AGREEMENT, CHAIN SALES TO INCREASE TO 1.1 BILLION EUROS PER YEAR.SEES 2021 EBITDA AT 100 MILLION EUROS.ALLIANCE ASSUMES OPENING OF 1,300 TELEPIZZA GROUP STORES DURING NEXT TEN YEARS.  Full Article

Brian Cornell Appointed Non-Executive Chairman Of Yum! Brands
Tuesday, 20 Nov 2018 

Nov 19 (Reuters) - Yum! Brands Inc ::BRIAN CORNELL APPOINTED NON-EXECUTIVE CHAIRMAN OF YUM! BRANDS.YUM BRANDS - BRIAN C. CORNELL, CHAIRMAN AND CHIEF EXECUTIVE OFFICER OF TARGET CORPORATION, HAS BEEN NON-EXECUTIVE CHAIRMAN OF YUM! BRANDS.YUM BRANDS - BRIAN C. CORNELL WILL SUCCEED ROBERT D. WALTER.  Full Article

Yum! Brands, Inc. Declares Quarterly Dividend Of $0.36 Per Share
Saturday, 17 Nov 2018 

Yum! Brands Inc ::YUM! BRANDS, INC. DECLARES QUARTERLY DIVIDEND OF $0.36 PER SHARE.  Full Article

Yum! Brands Prices $1.45 Bln Securitized Notes
Friday, 16 Nov 2018 

Nov 15 (Reuters) - Yum! Brands Inc ::YUM! BRANDS, INC. PRICES $1.45 BILLION SECURITIZED NOTES.YUM BRANDS - AGGREGATE PRINCIPAL AMOUNT OF NOTES TO BE ISSUED IN OFFERING WAS INCREASED TO $1.45 BILLION FROM PREVIOUSLY ANNOUNCED $1.2 BILLION..YUM BRANDS - TACO BELL FUNDING HAS AGREED TO ISSUE AND SELL $825 MILLION OF ISSUER'S SERIES 2018-1 4.318% FIXED RATE SENIOR SECURED NOTES, CLASS A-2-I.YUM BRANDS - TACO BELL FUNDING HAS AGREED TO ISSUE AND SELL $625 MILLION OF ITS SERIES 2018-1 4.940% FIXED RATE SENIOR SECURED NOTES, CLASS A-2-II.YUM BRANDS-TACO BELL FUNDING EXPECTS TO USE PROCEEDS OF NOTES FOR REPAYMENT OF SERIES 2016-1 CLASS A-2-I NOTES, OUTSTANDING INDEBTEDNESS OF AFFILIATES.  Full Article

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Yum China to open KFC outlets at Chinese gas stations

SHANGHAI Yum China Holdings is partnering with China's two biggest state oil giants to open franchise fast-food outlets at gas stations in the country, in a bid to tap new growth areas as the domestic economy slows.