International Business News - YUM http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Restaurant chain Chick-fil-A said Thursday it has eliminated all artificial trans fats from its chicken and biscuit-laden menu. The Atlanta-based company said it changed its recipe for its waffle fries and its breakfast biscuits to remove trans fat after two years of testing to make sure the taste of the food was not affected by the switch. http://www.ibtimes.com/articles/20081009/chick-fil-a-gets-rid-of-trans-fat.htm Thu, 09 Oct 2008 08:57:51 EDT Fast-food company Yum Brands Inc. on Wednesday predicted solid 2009 profit growth overseas and in its sluggish U.S. business as the operator of KFC, Taco Bell and Pizza Hut expressed confidence in weathering economic turbulence. http://www.ibtimes.com/articles/20081008/yum-brands-predicts-profit-growth-for-2009.htm Wed, 08 Oct 2008 18:45:52 EDT An RBC Capital Markets analyst cut the price targets of eight restaurant companies on Wednesday, saying the chains are all facing slower sales and higher commodity costs. http://www.ibtimes.com/articles/20081008/sector-snap-analyst-cuts-restaurant-price-targets.htm Wed, 08 Oct 2008 14:03:26 EDT Among the earnings stories for Tuesday, Oct. 7, from AP Financial News: PITTSBURGH (AP)--Alcoa Inc., one of the world's largest aluminum producers, on Tuesday reported a 52-percent drop in third quarter profits and said it would conserve cash by suspending its stock buyback program and all non-critical capital projects. http://www.ibtimes.com/articles/20081007/earnings-roundup-alcoa-yum-brands.htm Tue, 07 Oct 2008 19:51:57 EDT Fast-food company Yum Brands Inc. said Tuesday its third-quarter profit grew 5 percent as surging sales in its overseas operations more than offset a sharp decline in U.S. results and the continued strain from high commodity costs. http://www.ibtimes.com/data/articleimgs/146903-earns-yum-brands.jpg http://www.ibtimes.com/articles/20081007/yum-says-3rd-quarter-earnings-rise-5-percent.htm http://www.ibtimes.com/articles/20081007/yum-says-3rd-quarter-earnings-rise-5-percent.htm Tue, 07 Oct 2008 18:50:51 EDT Major business events and economic events scheduled for Tuesday: WASHINGTON--Federal Reserve Chairman Ben Bernanke speaks at the National Association for Business Economics' annual meeting. http://www.ibtimes.com/articles/20081006/calendar-of-major-business-events-for-tuesday.htm Mon, 06 Oct 2008 14:51:57 EDT A Goldman Sachs analyst took a dim view of the nation's casual dining restaurant chains, telling investors in a research note that the industry will likely face pressure as diners ratchet down discretionary spending at least through next year. http://www.ibtimes.com/articles/20081006/ahead-of-the-bell-casual-dining-cut-at-goldman.htm Mon, 06 Oct 2008 08:53:46 EDT Yum Brands Inc. reports earnings for the fiscal third quarter on Tuesday. The following is a summary of key developments and analyst opinion related to the period. http://www.ibtimes.com/articles/20081006/earnings-preview-yum-brands.htm Mon, 06 Oct 2008 08:46:14 EDT The world's financial markets face an uncertain and possibly volatile week as investors await details about how the Treasury will implement the government's financial rescue package--and watch for any further fallout from the credit crisis around the globe. http://www.ibtimes.com/data/articleimgs/145868-wall-street.jpg http://www.ibtimes.com/articles/20081005/investors-expect-volatility-as-credit-woes-persist.htm http://www.ibtimes.com/articles/20081005/investors-expect-volatility-as-credit-woes-persist.htm Sun, 05 Oct 2008 19:43:13 EDT Major business events and economic events scheduled for the coming week (some dates are tentative): MONDAY, Oct. 6 http://www.ibtimes.com/articles/20081003/business-events-and-economic-reports-scheduled.htm Fri, 03 Oct 2008 16:42:23 EDT Burger King Corp. said Thursday it is now cooking with trans fat free cooking oils at all of its restaurants nationwide. The No. 2 hamburger chain also said all of its menu ingredients, including its baked goods, will contain zero grams of trans fat by Nov. 1. http://www.ibtimes.com/data/articleimgs/143809-burger-king-trans-fats.jpg http://www.ibtimes.com/articles/20081002/burger-king-switches-to-trans-fat-free-oil.htm http://www.ibtimes.com/articles/20081002/burger-king-switches-to-trans-fat-free-oil.htm Thu, 02 Oct 2008 07:37:57 EDT Curious about how many calories are packed into that burrito or fried chicken you crave? Fast-food company Yum Brands Inc. says it's taking the guesswork out of counting calories. http://www.ibtimes.com/data/articleimgs/143087-yum-brands.jpg http://www.ibtimes.com/articles/20081001/yum-brands-calorie-info-menu-boards.htm http://www.ibtimes.com/articles/20081001/yum-brands-calorie-info-menu-boards.htm Wed, 01 Oct 2008 16:43:35 EDT A JPMorgan analyst cut his third quarter profit estimates for Yum Brands Inc., which operates Taco Bell, KFC and Pizza Hut, saying sales in China will likely be lower than in the prior quarter. http://www.ibtimes.com/articles/20080925/analyst-lowers-3q-profit-estimates-for-yum-brands.htm Thu, 25 Sep 2008 14:50:51 EDT Among the stock activity stories for Wednesday, Sept. 24, from AP Financial News: SIOUX FALLS, S.D. (AP)--Shares of Helix Energy Solutions Group Inc. dropped Wednesday after the oil and gas services company said it expects lower third-quarter production due to Hurricane Ike. http://www.ibtimes.com/articles/20080924/movers-roundup-helix-energy-saks.htm Wed, 24 Sep 2008 14:13:02 EDT Shares of Yum Brands Inc. slid on Wednesday, as analysts said consumer spending in China, where the fast food company has a strong presence, is slowing. http://www.ibtimes.com/articles/20080924/yum-brands-slips-on-chinese-consumer-spending-woes.htm Wed, 24 Sep 2008 18:46:18 EDT Shares of restaurants companies were mixed Tuesday after the Federal Reserve decided not to change a key interest rate following alarming moves in the financial services sector that include the Chapter 11 bankruptcy protection filing by Lehman Brothers. http://www.ibtimes.com/articles/20080916/restaurants-mixed-after-fed-keeps-rate-steady.htm Tue, 16 Sep 2008 14:43:18 EDT Restaurant shares mainly rose Tuesday as investors awaited a decision by the Federal Reserve on whether to lower interest rates. The stocks bucked a trend in the overall market, which dropped at the opening bell. http://www.ibtimes.com/articles/20080916/restaurants-mostly-rise-as-investors-look-to-fed.htm Tue, 16 Sep 2008 10:16:54 EDT Shares of restaurant companies dropped after the market opened as investors drew more concerned about the state of the financial services sector after Lehman Brothers said it will file for Chapter 11 bankruptcy protection. http://www.ibtimes.com/articles/20080915/some-restaurant-shares-fall-in-morning-trading.htm Mon, 15 Sep 2008 10:05:38 EDT Shares of many restaurant chains rose Tuesday, as an analyst said the industry will withstand damage from Hurricane Gustav, which mostly spared New Orleans and southern Louisiana. http://www.ibtimes.com/articles/20080902/sector-snap-restaurants-rise.htm Tue, 02 Sep 2008 14:21:09 EDT Shares of restaurant chains fell Tuesday after Olive Garden operator Darden Restaurants Inc. offered a softer-than-expected first-quarter profit outlook. http://www.ibtimes.com/articles/20080826/sector-wrap-restaurants-decline-on-darden-outlook.htm Tue, 26 Aug 2008 16:14:16 EDT