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In Oct., 2015 $YUM said it intends to separate its China business into an independent, publicly-traded company by 2016-end. This transaction, which will be a tax-free spin-off of the China business, will create two independent companies. The new entity will become a licensee of $YUM in mainland China, with rights to KFC, Pizza Hut and Taco Bell.
$PFE has been slapped with a fine of $107 million by the UK for overcharging its epilepsy drug.
President Trump's tweet suggesting cancellation of Air Force One contract with $BA citing high cost has made the headlines. Will it make any impact in the Street for Boeing since the aircraft is meant for the use of President of US?
For the past few quarters $LULU has had a consistent net revenue increase of around 16%, so expecting the same this time around too. Maybe more!!!