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16.09.26 - 14:12
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Here Are Wednesday′s Top Wall Street Analyst Research Calls: Airbnb, Booking Holdings, Credicorp, Dutch Bros, Expedia, Hartford Financial Services, Group, Meritage Homes, Patchex, Yum! Brands, and More (24/7 Wall St.)
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Pre-Market Stock Futures: Futures are trading higher as the Federal Reserve's reckoning day has arrived. Interest rate futures tracked by CME FedWatch show a 92% chance of a 25-basis-point increase in the Fed funds rate today. That will push the funds rate to 3.75% to 4%. In addition, market watchers expect two more rate hikes […]...
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01.09.26 - 14:57
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LongRange Capital Completes Acquisition of Pizza Hut from Yum! Brands (Business Wire)
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STAMFORD, Conn.--(BUSINESS WIRE)--LongRange Capital (“LongRange”), a private equity firm with a customer-centric and operationally oriented approach to building and growing businesses, today announced that it has completed its acquisition of Pizza Hut, excluding Mainland China (“Pizza Hut”), from Yum! Brands, Inc. (NYSE: YUM) (“Yum!”).
Founded in 1958, Pizza Hut is a global restaurant leader with approximately $10 billion in system-wide sales. For nearly seven decades, the Pizza Hut brand has defined the pizza category, introducing icons such as the Original Pan® and Original Stuffed Crust® pizzas.
“As a standalone business, we are now fully focused on Pizza Hut's guests, our franchisees, and the teams who bring the brand to life every day,” said Eduardo Luz, Interim Chief Executive Officer of Pizza Hut. “With LongRange's support and resources, we are well-positioned to invest in the brand and build on Pizza Hut's legacy as we enter this next chapter.”
“We are excited to complet...
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28.08.26 - 14:18
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Yum! Brands, Inc. Declares Quarterly Dividend of $0.75 Per Share (Business Wire)
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LOUISVILLE, Ky.--(BUSINESS WIRE)--Yum! Brands, Inc. (NYSE: YUM) Board of Directors declared a dividend of $0.75 per share of common stock. The quarterly cash dividend will be distributed September 18, 2026, to shareholders of record at the close of business on September 9, 2026.
Yum! Brands, Inc., and its subsidiaries franchise or operate more than 58,000 restaurants in 155 countries and territories under its iconic brands — KFC, Taco Bell, Pizza Hut and Habit Burger & Grill. KFC, Taco Bell and Pizza Hut are global leaders in the chicken, Mexican-inspired food and pizza categories, respectively. Habit is a fast-casual concept known for fresh, cooked-to-order food.
Fueled by Yum!'s Recipe for Good Growth, KFC, Taco Bell and Pizza Hut led Entrepreneur's 2026 Franchise 500 rankings and its Top Global Franchises 2025 list. In 2026, Yum!'s unrivaled culture and talent led it to be named one of TIME magazine's list of Best Companies for Future Leaders for the third consecutive year.
Category: Financial Co...
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21.08.26 - 13:03
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Yum! Brands Appoints Former HanesBrands CEO Steve Bratspies to Board of Directors (Business Wire)
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LOUISVILLE, Ky.--(BUSINESS WIRE)--Yum! Brands, Inc. (NYSE: YUM) today announced the appointment of Stephen ("Steve") B. Bratspies, former Chief Executive Officer of HanesBrands, Inc., to its Board of Directors, effective August 26, 2026.
"Steve is a respected business leader with extensive experience leading global consumer brands and driving operational excellence at scale," said Brian Cornell, Non-Executive Chairman of the Yum! Brands Board of Directors. "His deep expertise across retail, brand management and consumer products, combined with his public company leadership experience, will bring valuable perspective to our board.”
“Throughout his career, Steve has demonstrated a strong ability to deliver results in highly competitive consumer markets,” said Chris Turner, Chief Executive Officer, Yum! Brands. “His experience will be a tremendous asset as we continue to execute against our Raise the B.A.R. priorities and create long-term value for our stakeholders."
Abo...
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