|Bid||89.95 x 800|
|Ask||89.96 x 800|
|Day's Range||89.30 - 90.24|
|52 Week Range||72.61 - 90.24|
|PE Ratio (TTM)||19.14|
|Earnings Date||Oct 31, 2018 - Nov 5, 2018|
|Forward Dividend & Yield||1.44 (1.61%)|
|1y Target Est||90.00|
IRVINE, Calif., Sept. 24, 2018 /PRNewswire/ -- Two years since its grand opening on the Las Vegas Strip, Taco Bell's busiest location unveils their grand expansion today. The brand, along with franchise partners Diversified Restaurant Group, have also announced that due to the immense success of the first Vegas Cantina, they will be opening a second Cantina location on historic Fremont Street in Downtown Las Vegas. With an additional 1,200 square feet, the flagship's expansion adds a brand-new second floor private space with Las Vegas Strip views, serviced by a new second floor bar capable of hosting larger weddings and additional special events.
I’ve been keeping an eye on YUM! Brands Inc (NYSE:YUM) because I’m attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believeRead More...
Before dirt even has been tossed, a future biotech manufacturing plant in Lake Nona’s 650-acre Medical City is dreaming up expansion plans. The 18-acre site — likely slated for Cranbury, N.J.-based global tech and biopharmaceutical company Amicus Therapeutics Inc. (Nasdaq: FOLD) — already is being considered for a planned development with manufacturing, office and warehouse space. Real estate sources said Amicus likely is the company behind Project Olympus.
Expanded parental leave could be a differentiating strategy for fast-casual and fast-food restaurants, which can have trouble attracting and keeping employees in a low-unemployment environment.
PLANO, Texas, Sept. 4, 2018 /PRNewswire/ -- Pizza Hut has been hard at work this offseason to score big at football fans' front doors this NFL season. For its first year as the Official Pizza Sponsor of the NFL, Pizza Hut is introducing a lineup of exciting new experiences, exclusive pizza deals and star-studded partnerships that bring the energy of the stadium to fans' homes on gameday.
KFC has enlisted another colonel to help sell its new sweet and spicy chicken flavor — and he's unlike any of his predecessors in that he's not human. No, seriously, he's a honey bear — as in a plastic honey bear, like the ones you see at the grocery store. Col. Bear is decked out in the typical KFC colonel garb, with a Col. Harland Sanders-inspired white coat, beard and glasses.
On Tuesday, Yum China (NYSE:YUMC) became one of the markets’ worst performers, with its shares sinking more than 13%. Since its January opener, Yum China stock has given up more than 18% in equity value. As InvestorPlace writer Karl Utermohlen reported, a company that previously expressed interest in buying out YUMC stock apparently reneged on the idea.
Taco Bell could be thinking outside the bun with its next Orlando move. The Louisville, Ky.-based Yum! Brands Inc. (NYSE: YUM) subsidiary is considering a potential Taco Bell Cantina concept in downtown Orlando, an area in recent years that's experienced a dearth in national food brands. Taco Bell announced in February it was opening its first Orlando-area Cantina concept, which offers alcohol on the menu, near the University of Central Florida as part of a larger national rollout over the next few years.
The company’s shares reached a 17-month low as Hillhouse Capital is no longer seeking to buy Yum China, which operates fast food restaurants such as Pizza Hut, KFC and Taco Bell in China. Yum China was birthed after it was spun off from Yum Brands (NYSE:YUM) in October 2016 as it was losing market share due to changing tastes in the region, as well as growing competition from local restaurants and chains. The chain has been unable to reel in a younger audience to its Pizza Hut locations, despite major efforts such as a new menu, an overhaul of its mobile app and the addition of celebrities to promote its U.S. brand.
A consortium of investment firms, including China-based Hillhouse Capital and China's sovereign fund, decided against pursuing an acquisition of Yum China. Talks between the parties were initially reported in late July, but business and macro conditions have since worsened, Bloomberg News' Manuel Baigorri said Tuesday morning on Bloomberg TV. Many of Yum Brands China's restaurant operators are "suffering" from poor sales and the China-U.S. trade war certainly doesn't ease concerns, Baigorri said.
Shares of Yum China Holdings Inc. plummeted 15% toward a 17-month low in active trade Tuesday, to pace the NYSE's decliners, after Bloomberg reported that Hillhouse Capital was dropping its pursuit of operator of Pizza Hut and KFC fast-food restaurants in China. Volume ballooned to 7.6 million shares, already more than double the full-day average. The investor group, which includes KKR & Co. , decided to not continue pursuing the deal after the initial proposal was rejected, the report said, citing people with knowledge of the matter. The company, which was spun off from Yum Brands Inc. in October 2016, had a market capitalization of about $14.1 billion as of Monday's stock closing price. Yum China's stock has tumbled 25% over the past three months, while Yum Brands shares have gained 5.9% and the S&P 500 has tacked on 3.5%.
A Chinese consortium including Hillhouse Capital is planning to drop its pursuit to take over the operator of KFC and Pizza Hut restaurants in China, Bloomberg reported. The interest in Yum China Holdings Inc. fell away after the group’s initial bid was rejected and the would-be investors deemed that business conditions for the fast-food chain and China’s macroeconomic picture have worsened, according to people with knowledge of the matter. Chinese consumer spending is softening.
Pizza Hut has launched its official sponsorship of the NFL, and it comes with a long list of deals and interactive experiences for pizza lovers and football fans. The brand will offer a $7.99 two-topping large pizza throughout the season, and it launched a new customer rewards platform for football fans, NFL star-studded commercials and pizza boxes that use augmented reality so customers can interact with the brand. The campaign is focused on the fan experience, Pizza Hut chief brand officer Marianne Radley said in a Facebook post: "Everything we're activating and executing is fan-centric." Radley said in a news release that Pizza Hut will "celebrate football fans all season long.
Pizza Hut intercepted the title of the National Football League's official pizza from Papa John's, and now it's using the partnership to steal customers from its beleaguered rival.
China’s once voracious appetite for American fast food is waning as consumers are lured away by emerging domestic chains and food-delivery apps. Inc. spun off its China business, sales growth is slowing at its KFC and Pizza Hut outlets in China, as homegrown rivals target young people and an army of motorcycle couriers make available greater takeout choices.
The ongoing war between Papa John's and its ousted founder John Schnatter is the news story that will not go away. But it's not helping either party get what they want.
, which operates KFC’s and Pizza Hut’s Chinese outlets, has turned down an offer worth more than $17 billion to take it private. and China’s sovereign-wealth fund CIC, offered $46 a share to buy out the company, a 42% premium to where the stock was trading when the bid was first reported last month. Yum China does face challenges.
Fast-food chain operator Yum China Holdings Inc has rejected a $17.6 billion buyout offer from a consortium led by Chinese investment firm Hillhouse Capital Group, quashing what would have been one of Asia's biggest deals this year, people with direct knowledge of the matter said. The Hillhouse-led consortium, which included regional investment house Baring Private Equity Asia, expressed an interest to offer $46 per share, or nearly 24 percent above Tuesday's closing price, for the biggest fast-food chain in China, the people said. Global investment house KKR & Co and Chinese sovereign wealth fund China Investment Corp were also part of the consortium, one of the people added.
Fast-food chain operator Yum China Holdings Inc (YUMC.N) has rejected a $17.6 billion buyout offer from a consortium led by Chinese investment firm Hillhouse Capital Group, quashing what would have been one of Asia's biggest deals this year, people with direct knowledge of the matter said. The Hillhouse-led consortium, which included regional investment house Baring Private Equity Asia, expressed an interest to offer $46 per share, or nearly 24 percent above Tuesday's closing price, for the biggest fast-food chain in China, the people said. Global investment house KKR & Co (KKR.N) and Chinese sovereign wealth fund China Investment Corp were also part of the consortium, one of the people added.
Shares of Yum China Holdings Inc. (yumc) shot up 8.6% in midday trade Tuesday, after The Wall Street Journal reported that the fast-food restaurant chain operator received, and rejected a buyout offer that valued the licensee of Yum Brands Inc. (yum) in China at over $17 billion. The private buyout offer, which the WSJ said was from a consortium led by Hillhouse Capital, was for $46 a share.