Yum Brands Inc, (YUM) owner of the KFC and Pizza Hut brands, is taking aim at the fast-growing African market for fast food.
The company, based in Louisville, Ky, plans to double the number of KFC restaurants in Africa to 1,200 by 2014, The Wall Stre…
As year-end nears, investors are in for a surprise about which stocks in the S&P 500 spearheaded the unexpectedly robust upswing in 2010. Hint: Cummins is the only economy-driven name in the bunch. Plus: Goldman Sachs on how 20…
Shares of luxury-goods maker Burberry (BRBY) jumped as much as 6.5% Wednesday on speculation of a potential buy-out.
The stock rose as high 1,204 pence, putting the company’s value at 5 billion pounds ($7.9 billion), Reuters reported.
Market player…
Costco Wholesale Corp. (COST) reported earnings of 71 cents per share for the quarter ended Nov. 21, compared with 60 cents per share a year earlier.
The consolidation of the company’s joint venture in Mexico has no impact on earnings attributable to…
Fortune Brands (FO), maker of Jim Beam whisky, plans to split into three separate units.
Fortune Brands will continue to focus on its distilled spirits business, the company said in a statement. Fortune’s home and security business will be spun off i…