Here are some of the stocks the Yahoo Finance team will be watching for you today.
Yum! Brands (YUM) are taking a big hit in early trading. The owner of KFC, Taco Bell and Pizza Hut slashed its outlook for the year following weaker-than-expected same-store sales from China ...its biggest market. Yum is still struggling to revive sales in China after a series of food safety issues. The fast-food giant's third quarter earnings and revenue also missed forecasts.
Constellation Brands (STZ), the maker of Corona beer and other drinks reported an earnings per share beat while revenue was roughly in line with estimates. Sales rose 8% from a year earlier driven largely by strength in its beer business.
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Monsanto (MON) posted a wider-than-expected loss in its fourth quarter and revenue also missed the mark as it struggles with a slump in the farming industry. The company also plans to cut 2,600 jobs over the next two years as part of a restructuring to save $300 million annually.
Adobe Systems (ADBE), the company behind Photoshop and other software products, cut its outlook for the coming year. As we've heard from many firms this year Adobe is blaming the strong dollar, as well as its transition to the cloud, for the weak 2016 forecast.
Cosi's (COSI) same-store sales fell 3.6% in September. Pope Francis' visit was not much of a blessing for the fast casual restaurant chain. The company said business interruptions resulting from the Papal's visit late last month negatively impacted 30% of its company-owned restaurants
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