Yum! Sales Top View on China Strength
LOUISVILLE, Ky. (TheStreet) --Yum! Brands met quarterly profit expectations on Tuesday as continued strong performance in China drove year-over-year revenue growth of more than 14%. The parent company...
View ArticleAs Kodak Seeks to Shore Up Financials, Stock Remains Volatile
ROCHESTER, N.Y. (TheStreet) -- Eastman Kodak's shares continued to trade with heavy volatility as the imaging company explores ways to shore up its financials. Kodak's stock has swung wildly in recent...
View ArticleFriendly's Ice Cream Files for Bankruptcy
WILBRAHAM, Mass. (TheStreet) -- Friendly's Ice Cream chain filed for bankruptcy on Wednesday, but will keep most of its restaurants open while closing a number of its weaker performing locations....
View ArticleMarriott Posts Loss; Room Revenue Jumps
BETHESDA, Md. (TheStreet) -- Marriott International disappointed investors with a surprise third-quarter loss because of charges to its timeshare operations, though adjusted earnings beat expectations...
View ArticleHome Prices Will Slide in 2012's First Quarter: Report
NEW YORK (TheStreet) - Home prices are expected to drop 1.6% in the fourth quarter of 2011, and fall another 3.2% in the first quarter of 2012, according to Clear Capital's home data index. Current...
View ArticleMortgage Rates at Yet Another New Low
NEW YORK (TheStreet) -- Mortgage rates for 30-year fixed home loans fell below 4% last week to their lowest level on record, Freddie Mac said Thursday. Rates fell to 3.94% in the past week, down from...
View ArticleHome Ownership Drops but Still High
NEW YORK (TheStreet) -- Data released by the U.S. Census Bureau Thursday showed the largest decrease in home ownership since the Great Depression from 2000 to 2010, though the overall rate remained the...
View ArticleGreen Mountain Set to Scale Steeper Heights
WATERBURY, Vt. (TheStreet) -- Green Mountain Coffee Roasters is poised to continue its steep ascent with a 30% upside in stock price, according to one analyst. Cannacord Genuity analyst Scott Van...
View ArticleApple, Google, RIMM: Kodak's Patent Buyers?
ROCHESTER, N.Y. (TheStreet) -- Apple, Google, HTC and Research In Motion are among the potential bidders for Eastman Kodak's lucrative trove of digital imaging patents, according to patent expert...
View ArticlePepsi's Costs May Put a Cap on Profit
PURCHASE, N.Y. (TheStreet) -- When PepsiCo reports quarterly earnings Wednesday, investors will pay close attention to word from the beverage and snack company on consumer demand and pricing. Analysts...
View ArticlePrice Increases Help Pepsi Pop
PURCHASE, N.Y. (TheStreet) -- PepsiCo's third-quarter earnings beat showed the beverage and snack maker has been successful in passing on higher costs to consumers. Standard & Poor's analyst Esther...
View ArticleZep's Profit Wiped Out by Charges
ATLANTA (TheStreet) -- Zep's fiscal fourth-quarter earnings nearly doubled, but adjusted for restructuring charges profit fell far short of expectations. Zep, the maker of cleaning and maintenance...
View ArticleDineEquity Sells 17 Applebee's Restaurants
GLENDALE, Calif. (TheStreet) -- DineEquity agreed to sell 17 company-operated Applebee's restaurants as part of its ongoing effort to turn around the bar-and-grill chain through refranchising and other...
View ArticleMattel Sales Beat, Profit Meets
EL SEGUNDO, Calif. (TheStreet) -- Mattel beat quarterly revenue expectations but earnings were in-line as higher material costs pressured margins. Mattel said early Friday that strong sales of its...
View ArticleConsumer Stock Takeovers: Deals and Targets
(Consumer stock takeover report updated with details about Unilever's acquisition of Russia-based Concern Kalina.) NEW YORK (TheStreet) - Unilever is set to acquire Russian cosmetic maker Concern...
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