yum brands

5 Things to Watch on Wall Street This Week

From the release of Sony's new PS4 video game console to earnings reports out of Walmart and Yum!, here are some items that will help shape the week ahead on Wall Street.

Yum Brands Sales Fall Less Than Expected in China

A 20 percent drop in sales in a key market is usually not good news for investors, but it works this time around for Yum Brands. That's what happened to a key measure of sales in China in the first quarter, but it'€™s not as bad as was feared.

The 9 Worst Corporate Stadium Names in America

Last week, Florida Atlantic University announced plans to sell its stadium naming rights to GEO Group, a privately-owned prison corporation with an spotty reputation. But it'll hardly be the first time someone put a questionable name on large sports venue.

Market Minute: KFC Parent Yum Slammed by Chicken Scare in China

Yum Brands warned Monday that it expects its profit for the year to decline as the parent company of KFC, Pizza Hut and Taco Bell continues to reel from a controversy over its chicken suppliers in China. A drop in 2013 would snap an 11-year streak of profit growth of at least 13 percent.

Midday Market Minute: Pizza Hut to Roll Out Tiny New Pies

Pizza Hut is introducing "pizza sliders" Monday, which are smaller than its personal pies and can be ordered in batches. The roll out of the sliders right after the Super Bowl is intended to generate excitement during a time when people may be sick of pizza.

McDonald's November Sales Figure Rises

McDonald's said Monday that a key sales figure rose in November, as U.S. customers snapped up the world's biggest hamburger chain's breakfast offerings and limited-time Cheddar Bacon Onion sandwiches. The increase follows a decline in October.

Dow Posts Largest Percentage Drop Since July

Chevron shares dropped 4.2 percent to $112.45 after it said third-quarter profits would be "substantially lower" than the previous quarter, while Alcoa fell 4.6 percent to $8.71 after it posted a quarterly loss. The company cut its outlook for global aluminum demand, citing a slowdown in China.