Yum China

Yum! Tumbles on Weak Guidance

Yum! Brands, Inc. (NYSE: YUM) reported its third quarter financial results after the market closed on Tuesday. The company had $1.00 in earnings per share (EPS) on $3.43 billion in ...
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down market

The 52-Week Low Club for Tuesday

October 6, 2015: Here are four stocks trading with heavy volume among 36 equities making new 52-week lows today. Exact Sciences Corp. (NASDAQ: EXAS) dropped nearly 47% on Tuesday to ...
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The 4 Stocks That Buoyed the Dow on Tuesday

October 6, 2015: Markets opened lower on Tuesday following August’s higher-than-expected U.S. trade deficit of $48.3 billion. The Nasdaq Composite was weighed down again today by biotech weakness and little ...
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SEC Charges Two Top OCZ Executives

The U.S. Securities and Exchange Commission (SEC) announced that it has charged two former top executives at OCZ Technology Group for accounting failures at the now-bankrupt seller of computer memory ...
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Home Loan Servicing Solutions Under Fire From SEC in Ocwen Dealings

The U.S. Securities and Exchange Commission (SEC) charged Home Loan Servicing Solutions Ltd. (HLSS) for making material misstatements regarding the handling of related party transactions and the value of its ...
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piggy bank

Nearly Half of Americans Have No Savings

In response to a recent survey question asking people how much money they had in a savings account, some 28% said “zero.” Nearly 21% more had no savings account at ...
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SEC Charges Florida Firm With Defrauding Investors

The U.S. Securities and Exchange Commission (SEC) announced fraud charges against a Florida-based investment adviser and his company. Arthur F. Jacob and Innovative Business Solutions (IBS) are under the regulatory ...
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GMS Files for IPO

GMS has filed an amended S-1 form with the U.S. Securities and Exchange Commission (SEC) for its initial public offering (IPO). There were no details or terms regarding pricing in ...
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Do Diesel Cars Have a Future After VW Scandal?

Just about everyone agrees that Volkswagen is going to get hit hard following revelations that the company’s diesel cars had been rigged to cheat on emissions tests. But there are ...
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teens shopping

Merrill Lynch Makes 3 Key Changes to US 1 List in Oil and REITs

Many firms have their own version of a "focus list" of top Buy-rated stocks for their clients. The Merrill Lynch US 1 List is effectively the same thing as the ...
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Does Another Spending Cut Improve Outlook for Petrobras?

Petroleo Brasileiro S.A. (NYSE: PBR) announced Tuesday morning that it is cutting its spending plan for the current fiscal year from $28 billion to $25 billion and its 2016 spending ...
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Corn Field

American Farmland Sets Terms for IPO

American Farmland Company has filed an amended S-11 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering. In the filing 12 million units are being ...
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The Real Driving Force Behind Pepsi’s Earnings Gains

PepsiCo Inc. (NYSE: PEP) reported its third-quarter financial results before the markets opened on Tuesday and one key analyst has already weighed in on the company. For 24/7 Wall St.’s ...
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global economy

IMF Confirms Slower Global GDP Growth Targets in 2015 and 2016

When Christine Lagarde of the International Monetary Fund (IMF) spoke last week, it had all the hallmarks of a precursor to a downgrade of the IMF's global growth targets. Now ...
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Drilling rig

Is Freeport Giving In to Carl Icahn?

The more things change, the more they stay the same. In mid-2013, Freeport-McMoRan Inc. (NYSE: FCX) completed a $20 billion acquisition of two oil and gas companies, one of which ...
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