Restaurant Stocks: Yum China Buyout Reportedly Dropped; Yum Brands Holds Buy Point [Investor's Business Daily]
Yum China Holdings, Inc. (YUMC)
Last yum china holdings, inc. earnings: 4/28 04:30 pm
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Source: Investors Business Daily
Related news Shares of Yum China ( YUM ) crashed Tuesday on a report that a group investors plans to abandon its effort to take over the company after its initial bid was rebuffed and President Trump's threats of a protracted trade war grew more heated. Meanwhile, former parent Yum Brands ( YUM ) fought to stay in a buy zone. The consortium, which included Hillhouse Capital and KKR & Co. ( KKR ), was also walking away on concerns of macroeconomic weakness and softness in Yum China's financials, Bloomberg reported. Yum China operates KFC, Pizza Hut and Taco Bell locations in China. The rising risk of a drawn-out U.S.-China trade war made a Yum China takeover more daunting, Bloomberg reported, citing sources. President Donald Trump has threatened to impose tariffs on all Chinese imports. Yum China stock tumbled 13% in the stock market today . Yum China stock jumped last month following buyout reports The investor group had reportedly been weighing whether to take Yum China private and r
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YUMC
News
- Exploring Analyst Estimates for Yum China (YUMC) Q1 Earnings, Beyond Revenue and EPS [Yahoo! Finance]Yahoo! Finance
- China's Small Towns Boom as Megacities Lose Appeal With Brands [BNN Bloomberg (Canada)]BNN Bloomberg
- Yum China Holdings, Inc. (NYSE:YUMC) is favoured by institutional owners who hold 80% of the company [Yahoo! Finance]Yahoo! Finance
- Chris Blumas' Top Picks: April 18, 2024 [BNN Bloomberg (Canada)]BNN Bloomberg
- Yum China Announces Disclosure under Hong Kong Stock Exchange Rules in Relation to a Possible Quarterly DividendPR Newswire
YUMC
Earnings
- 2/6/24 - Beat
YUMC
Sec Filings
- 4/11/24 - Form ARS
- 4/11/24 - Form DEFA14A
- 4/11/24 - Form DEF
- YUMC's page on the SEC website