Has Yum Bitten Off More Than It Can Chew in China?
From Insider Monkey - Free Hedge Fund and Insider Trading Data
January 8, 2013 - 1:19pm
Yum! Brands, Inc. (NYSE:YUM) was down over 4% on January 8th after the company assured investors that its 2012 earnings would indeed come in within its forecasted earnings range but lowered its guidance for Chinese same-store sales. The company claimed that this revision was primarily due to a government investigation of chicken which hurt demand; [...]
January 8, 2013 - 1:19pm
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