Posterous theme by Cory Watilo

Yum! Brands Loses Flavor (CMG, MCD, SONC, WEN, YUM)

Yum! Brands (NYSE: YUM) doesn't look so tasty right now. Though the company's first-quarter results seem decent enough, they can't disguise the foul flavor of its recent bad press. Fourth-quarter net income increased 27%, to $274 million, or $0.56 per share. Total sales increased 7% prior to currency translation. China's sales strength really shone, ..read more..