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3 mins read

Budget brands are winning in China as people turn to cheap food and fashion

Companies with wallet-friendly offerings are reporting strong sales in China.

Huileng Tan   


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1 min read

Yum restaurants India exits Devyani International; sells entire stake of ₹871 crore

Yum Restaurants India on Wednesday sold its entire 4.4 per cent stake in Devyani International for …

PTI   


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Shiba inu's epic rally has lifted its market value to $40 billion, trumping old-school and meme stocks alike. Here are 6 household names it's beating.

Thanks to the "SHIBarmy" - fervent fans of the coin - its price has rallied more than 950% in the p…

Camomile Shumba   


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Beyond Meat rallies 13% after McDonalds and Yum Brands partnerships overshadow weak sales

Beyond Meat rallied after announcements that the faux-meat maker is partnering with fast-food giant…

Emily Graffeo   


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Beyond Meat stock leaps 16% after Taco Bell announces partnership with the faux-meat producer

Taco Bell said that it's partnering with Beyond Meat to create an "innovative new plant-based prote…

Emily Graffeo   


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6 mins read

Sweetgreen is among the 12 chains Taco Bell owner, Yum Brands, could buy as the company's CFO tells investors it's hunting for an acquisition

Yum Brands is looking for a potential restaurant chain to buy. Here are 12 the company may consider…

Nancy Luna   


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2 mins read

Devyani International IPO: Here’s how to check the allotment status and more

The allotment status of the initial public offering (IPO) of Devyani International Limited, which e…

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4 mins read

The disruptive effect of weight loss drugs like Ozempic could have surprising impacts on the stock market. Here are potential winners and losers.

"When you go on GLP-1, you eat significantly less and you feel fuller. So you lose the weight," Bai…

Matthew Fox   


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Yum Brands is crashing

The company's restaurant chains include KFC, Taco Bell, and Pizza Hut. It reported adjusted earning…

Akin Oyedele   


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1 min read

Yum Brands crushed earnings

In response, the stock jumped 5% in after-hours trading, before sliding down to a rise of around 3.…

Bob Bryan   


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2 mins read

Yum Brands is splitting into two

"Over the past year, our management and Board have thoroughly evaluated a range of value-creating o…

Akin Oyedele   


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1 min read

Dan Loeb revealed a stake in YUM! Brands and the stock is shooting up

In Loeb's letter, he said he's bullish on the US for three reasons: it is unlikely the Fed will rai…

Jonathan Marino   


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1 min read

LIVE: Yum! Brands Earnings

On Monday, JPMorgan downgraded Yum to 'neutral' from 'overweight' with a price target of $80. The a…

Mamta Badkar   


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2 mins read

Yum Brands is blaming tension in the South China Sea for its bad quarter

"Sales were off to a good start in the first six weeks of the quarter in the China Division. Howeve…

Akin Oyedele   


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Alibaba, JD.com are among the Chinese stocks reportedly being targeted by US auditors for inspection next month

The US Public Company Accounting Oversight Board Review requested to review materials from the most…

Brian Evans   


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2 mins read

It's time for Yum Brands to get rid of Taco Bell

"As the approximate -16% aftermarket decline in YUM stock shows, though, YUM is a China stock first…

Akin Oyedele   


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3 mins read

This is the most embarrassing part of Yum Brands' horrendous earnings report

Warren Buffett, for example, thinks buybacks are the best way to return money to shareholders since…

Myles Udland   


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US stocks waver as chaotic bond rout cools and investors find new footing

GameStop jumped for a third straight day as Reddit traders called on one another to replicate the v…

Ben Winck   


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Sapphire Foods India lists at 11% premium on exchanges

Shares of Sapphire Foods India, the operator of KFC and Pizza Hut outlets, made a good listing on t…

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2 mins read

Sapphire Foods IPO: Here’s how you can check the allotment status

Sapphire Foods India, the operator of KFC and Pizza Hut outlets, is likely to announce the allotmen…