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Yum Brands headquarters site of Greenpeace protest
Greenpeace activists protested Wednesday morning at Yum! Brands Inc.’s Louisville headquarters, hanging a large banner from the restaurant giant’s building in response to what they claim are KFC’s destructive practices to rain forests. The banner read, “KFC Stop Trashing My Home,” according to a news release. Greenpeace officials claim that some of KFC’s packaging materials come from Indonesian rain forests and the company sources paper from...  
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Yum Brands to open China restaurants in electronics stores
Restaurant giant Yum! Brands Inc. has struck a deal to open 150 restaurants in China in electronics stores operated by Suning Appliance Co Ltd. According to a report by China Daily, Louisville-based Yum Brands (NYSE: YUM) will open KFC, Pizza Hut and Little Sheep restaurants in the retail locations over the next five years. Yum Brands has more than 5,000 restaurants in China, which has become its most profitable market. It has short-term...  
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Carucci named president of Yum Brands
Yum! Brands Inc. CFO Rick Carucci has been named the company’s president. Carucci, who has been CFO since 2005, will report to chairman and CEO David Novak, who formerly held the president title. Patrick Grismer, the company’s chief planning and control officer, has been named the company’s CFO. The leaders of the U.S. Taco Bell, KFC and Pizza Hut brands, Yum’s international division and corporate finance department will report to Carucci...  
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Research and Markets: Analysis of Yum! Brands, Inc.
DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/87dt66/analysis_of_yum!_b) has announced the addition of the "Analysis of Yum! Brands, Inc." company profile to their offering. YUM! Brands, Inc. is the most famous quick service restaurant (QSR) company in the world and has more than 37,000 units in over 110 countries and territories. Some of the famous brands owned by the company includes KFC, Taco Bell...  
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Yum! Brands Inc. Declares Quarterly Dividend of $0.285 Per Share
LOUISVILLE, Ky.--(BUSINESS WIRE)--Yum! Brands Inc. (NYSE: YUM) Board of Directors today declared a dividend of $0.285 per share of common stock. The quarterly dividend will be distributed August 3, 2012, to shareholders of record at the close of business on July 13, 2012. In September 2011, Yum! increased its quarterly dividend 14% to $0.285 per share. Yum! has increased its dividend each year at a double-digit percentage rate since initiating...  
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Yum, Ford among best users of social media
What do restaurant giant Yum! Brands Inc. and automotive manufacturer Ford Motor Co. have in common with technology firms such as Zynga Inc. and Google Inc.? All four companies are among the nation’s leaders in using social media to influence business, according to an index created by Austin, Texas-based Dachis Group Inc. The Social Business Index a is a real-time service that keeps track of a company’s social media score to rank what...  
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Tax breaks go to Ford's Mulally, Yum Brands' Novak for private jet flights
Ford Motor Co. president and CEO Alan Mulally and Yum! Brands Inc.'s chairman and CEO David Novak are among a number of corporate executives who are offered federal tax breaks on the use of private jets in the name of safety. As The New York Times reports, Ford (NYSE: F) spent $178,571 last year on personal air travel for Mulally and his family. Yum Brands spent $214,017 in 2011 on Novak's personal travel. Because those companies — and a...  
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Yum Brands CEO David Novak sees jump in compensation
Yum! Brands Inc. chairman and CEO David Novak’s total compensation jumped nearly $6 million in 2011, according to a proxy statement filed with the U.S. Securities and Exchange Commission. Novak earned $20.4 million in 2011, up from $14.6 million in 2010. Novak’s base salary was $1.5 million, and he was paid more than $4.5 million in non-equity incentive plan compensation, according to the filing. His change in pension value increased from $2...  
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Texas Roadhouse, Northwestern Mutual among firms entertaining at Kentucky Derby
Executives from numerous Louisville-area companies entertained clients and guests Saturday for Kentucky Derby Day at Churchill Downs. In addition to race-day sponsors such as Yum! Brands Inc. (NYSE: YUM), Humana Inc. (NYSE: HUM) and Brown-Forman Inc. (NYSE: BFB), the suites along the home stretch and finish line were filled with businesspeople having fun and building relationships. Texas Roadhouse Inc. (NASDAQ: TXRH) founder and CEO W. Kent...  
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Yum Brands’ Novak leaving JPMorgan Chase board
Yum! Brands Inc. chairman and CEO David Novak is one of two directors who will not stand for re-election to the board of directors of JPMorgan Chase and Co. The other is William H. Gray III, chairman of Gray Global Strategies Inc. and former president and CEO of The College Fund/UNCF. Business First reports that their terms are set to expire May 14 According to a news release from New York City-based JPMorgan Chase (NYSE: JPM), the parent...  
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Yum Brands stock drops following 1Q earnings report
Despite Yum! Brands Inc.’s report Wednesday of a profitable first quarter, its stock fell in Thursday trading. As Business First reported, Yum’s first-quarter net income rose to $461 million from $264 million in 2011. Revenue for the company was $2.3 billion, up 14 percent from $2.1 billion in 2011. The Louisville-based restaurant giant beat analyst profit estimates, posting earnings of 96 cents per share, diluted, up from 54 cents per share...  
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KFC Chicken Buckets Made With Rain Forest Wood, Greenpeace Finds
Yum! Brands Inc. (YUM) is making its trademark KFC chicken buckets using wood harvested from Indonesia’s rain forest, destroying the habitat of the endangered Sumatran tiger, Greenpeace International said. Independent tests on food boxes ...  
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David Novak’s Global Vision
How the CEO and chairman of Yum! Brands is still dedicated to growing the world’s leading restaurant brand. The photos are the first thing people notice when they walk into David Novak’s office. Hundreds of pictures cover the walls and even the ceiling. They show Novak, Yum! Brands Inc.’s chairman and CEO, with smiling restaurant...  
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Yum!, Owner of KFC, Pizza Hut and Taco Bell, to Face Questioning by Irate...
Louisville, KY / Washington, DC - Today at the YUM! Brands annual shareholder meeting in Louisville, Kentucky, the National Center for Public Policy Research plans to ask YUM! Brands CEO David Novak why his company caved in to left-wing radicals by ending its affiliation with the American Legislative Exchange Council (ALEC), because ALEC supports commonsense voter identification laws.  
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Yum! Brands Inc. Promotes Carucci President and Grismer Chief Financial Officer
LOUISVILLE, Ky.--(BUSINESS WIRE)--Yum! Brands, Inc. (NYSE: YUM) today announced the promotion of Rick Carucci, 54, to President of the Corporation, reporting to Chairman and Chief Executive Officer, David C. Novak. Carucci has served as the Company’s Chief Financial Officer since 2005. Reporting to Carucci will be the leaders of Taco Bell, KFC and Pizza Hut in the U.S., Yum! Restaurants International (YRI) and Corporate Finance. Continuing to...  
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Poll Reveals: Corporations Risk Backlash When They Blackball Conservatives
Louisville, KY / Washington, DC - Today, at the YUM! Brands annual shareholder meeting in Louisville, Kentucky, company CEO David Novak was faced with the results of a new National Center for Public Policy Research poll showing the American people do not agree with recent controversial Yum! Brands decisions.  
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Yum's Same-Store Sales Up 14% in China
During his company’s first-quarter earnings call today, Yum! Brands CEO David Novak sounded a now-familiar refrain, once again lauding the company’s wildly successful international markets. In China, Yum’s same-store sales shot up 14 percent from the previous quarter and are “performing at an unbelievable level,” Novak told investors. The international segment of Yum’s business now...  
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Yum! Brands to Present at Baird and Morgan Stanley Conferences
LOUISVILLE, Ky.--(BUSINESS WIRE)--Yum! Brands Inc. (NYSE: YUM) today announced the Company will present at Baird’s 2012 Growth Stock Conference on Tuesday, May 8, 2012 in Chicago, IL at approximately 1:25 pm Central Time. The Company will also present at the Morgan Stanley Retail Conference on Wednesday, May 23, 2012 in Boston, MA at approximately 11:40 am Eastern Time. These events will be webcast live and can be accessed through the investor...  
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Yum CEO David Novak on rubber chickens, China and Taco Bell
The Only Way to Make Big Things Happen,” it’s a manual on motivation and management style. Proceeds are being donated to the United Nations World Food Programme. Some of the book’s tips have been worked into Yum training guides that have ...  
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Yum! Brands Reports First-Quarter EPS Growth of 21%, or $0.76 Per Share...
LOUISVILLE, Ky.--(BUSINESS WIRE)--Yum! Brands Inc. (NYSE: YUM) today reported results for the first quarter ended March 24, 2012 including EPS of $0.76, excluding Special Items. Reported EPS for the quarter was $0.96. FIRST QUARTER HIGHLIGHTS Worldwide operating profit grew 15%, prior to foreign currency translation, including 14% in China, 9% at Yum! Restaurants International (YRI) and 27% in the U.S. Worldwide system sales grew 7%, prior to...  
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Notable 52-Week Highs and Lows of the Day 04/20: High; (NOK...
This report is an intraday check of some of the more notable stocks that have hit a 52-week high or low so far today. 52-Week High:Yum! Brands, Inc. (NYSE: YUM) high of $74.44. Yum! moving higher following its earnings on Wednesday and getting a boost from both McDonald's (NYSE: MCD) and UBS Friday. McDonald's reported strong first-quarter comps leading to a beat on the top- and bottom-lines, while UBS boosted its price target on Yum! from...  
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Yum! promotes CFO to president
NEW YORK (AP) -- Yum Brands, the owner of Taco Bell, Pizza Hut and KFC, named Chief Financial Officer Rick Carucci as its president Tuesday. The 54-year-old Carucci, who had served as CFO since 2005, will now oversee Taco Bell, KFC and Pizza Hut ...  
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Yum to open restaurants in Suning outlets
A Suning Appliance Co Ltd outlet in Shanghai. Yum! Brands Inc has opened trial KFC and Pizza Hut restaurants in Suning stores in 17 cities including Nanjing, Beijing, Shanghai and Dalian. [Photo/China Daily]  Suning agrees to host KFC, Pizza Hut and ...  
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Yum! Brands Inc. Promotes Carucci President and Grismer Chief Financial...
financial and development roles for Yum! Restaurants International. Before becoming the Company’s CFO in 2005, Carucci served as CFO and head of Development of its International Division. Over the course of his restaurant career, he has had ...  
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Yum Brands' earnings rose in Q1
Brands Inc. Latest from The Business Journals Follow this company earnings for the first quarter of 2012 rose 73 percent from the same period ... chairman and CEO David Novak said in a news release. “These results give us even more confidence ...  
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Taco Bell leads Yum Brands’ U.S. growth
The Taco Bell Taco Bell Latest from The Business Journals Taco Bell parent Yum's earnings rose in first quarter Yum Brands' earnings rose in Q1 Yum Brands' earnings rose in first quarter Follow this company brand is leading Yum! Brands Inc.’s Yum!  
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Yum Brands Promotes Financial Chief Carucci To President
Yum Brands Inc. (YUM) has promoted Rick Carucci to the role of president, taking over the position from David C. Novak, who will remain chief executive. Carucci, 54 years old, has been the company's chief financial officer since 2005. In his new ...  
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Yum! Brands Inc. CEO - Taco Bell Greg Creed sells 3,413 Shares...
CEO - Taco Bell of Yum! Brands Inc. (YUM) Greg Creed sells 3,413 shares of YUM on 04/02/2012 at an average price of $70.48 a share. Yum! Brands Inc has a market cap of $32.77 billion; its shares were traded at around $70.62 with a P/E ratio of 24.8 and P/S ...  
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China Growth Shift Splits KFC, Hydraulics
Rising profits in China for Yum! Brands Inc. (YUM) and slowing sales for electrical-equipment maker Eaton Corp. are signs of a shift in the nation’s economy toward being driven more by consumers. Yum, the operator of Pizza Hut and KFC ...  
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Yum profit rises 73 percent as Taco Bell boosts sales
Yum! Brands Inc., owner of the KFC and Pizza Hut restaurant brands, said first-quarter profit rose 73 percent as new menu items at the Taco Bell chain helped U.S. same-store sales rebound. Net income climbed to $458 million, or 96 cents a share ...  
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Yum! promotes CFO to president - AP
Yum Brands, the owner of Taco Bell, Pizza Hut and KFC, named Chief Financial Officer Rick Carucci as its president Tuesday. The 54-year-old Carucci, who had served as CFO since 2005, will now oversee Taco Bell, KFC and Pizza Hut in the United States ...  
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Yum Profit Rises 73% as Taco Bell Helps U.S. Sales
Yum! Brands Inc. (YUM) (YUM), owner of the KFC and Pizza Hut restaurant brands, said first-quarter profit rose 73 percent as new menu items at the Taco Bell chain helped U.S. same-store sales rebound. Net income climbed to $458 million, or 96 ...  
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UBS Raises Target, Estimates on Yum! Brands
Quick service restaurant operator Yum! Brands, Inc. ( YUM) on Friday caught some further bullish commentary from analysts at UBS. The firm maintained its "Buy" rating on YUM and lifted its price target to $81, suggesting a 13% upside to the ...  
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Yum! Brands Q1 Profit Surges, Beating View
Quick service restaurant operator Yum! Brands, Inc. ( YUM) late Wednesday posted first quarter earnings results that exceeded Wall Street expectations. The Louisville, KY-based company reported first quarter net income of $458 million, or 96 ...  
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KFC Thailand finds itself in hot water after a Facebook tsunami post
KFC Thailand, a division of Louisville-based Yum! Brands Inc. Yum! Brands Inc. Latest from The Business Journals Follow this company (NYSE: YUM), faced backlash and criticism after a status was posted on its Facebook page following yesterday’s ...  
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Yum! Brands announces winner in global hunger relief challenge
Yum! Brands Inc. has named the Wake Forest University School of Business as the winner of its "Taking People With You" Case Study Challenge to fight global hunger. The competition is an extension of Yum! Brands' World Hunger Relief global efforts and was ...  
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Yum! Brands Promotes Carucci To President; Grismer Named New CFO
Brands Inc. (YUM: News ) said Tuesday that it has promoted Chief Financial Officer Rick Carucci to the post of president, taking over the role from Chief Executive Officer David Novak ... in the U.S. were facing stiff competition from peers such as ...  
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Yum! Brands' Profit Jumps 73% In Q1 Despite China Concerns
David Novak, Yum’s chairman and CEO, noted the China business “continues to fire on all cylinders” and added that the first quarter was a good one for all their business units.  “In summary, we’re off to a strong start to the year in ...  
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CORRECTING AND REPLACING:/JPMorgan Chase Nominates Timothy Flynn to Board of...
William Gray and David Novak Will Not Seek Re-Election JPMorgan Chase and Co. (NYSE: JPM) today announced that its Board of Directors nominated Timothy P ... also announced that directors William H. Gray III and David C. Novak will not seek ...  
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Yum! Brands to present at two conferences
Yum! Brands Inc. has announced that it will present at Baird's 2012 Growth Stock Conference on May …  
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Yum! Brands names new president and CFO
Louisville, Ky.-based Yum! Brands Inc. has announced the promotion of Rick Carucci, 54, to …  
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