Goldman sachs. Some pretty harsh words. We have details on that coming up here. Reversal that continued from the session on monday. Really tech has beenleading the marke again today, but underperforming over the last month. We have a debate on which names in the sector are worth buying right now. And President Trump criticizing china for its economic relationship with north korea in the wake of north korea launching that icbm over the weekend. Were going to take a look at what the president s rhetoric could mean for u. S. Companies doing business in china. Thats momentarily but first, you saw it here on cnbc the fed releasing minutes from its most recent meeting in june there seems to be some debate among the fed members about when the fed will actually start reducing assets on its Balance Sheet. Joining our closing bell exchange, we have with us, peter from the Lindsey Group steve from stewart frankel, and our own Rick Santelli is in chicago. With a fine tooth comb no real surprises.
Daybreak europe. Manus we have a feast of breaking news for you. First of all we have carlsberg, telling us they will raise the dividend due to strong cash flow. Kroner. Lion mist on thet topline sales for the full year. Increasing the dividend, organic Revenue Growth comes in at 2 . In terms of topline earnings, 8. 1 5 billion and the market looked for 8. 20 9 billion. Breaking news coming from all kinds of sectors. Full year 2016 sales coming in of line against the estimate 12. 9 billion. This is the important bit, the china transaction is expected to close in the Second Quarter in 2017, kind of in line with what we were hearing from analyst ahead of these numbers. Raymond james saying the deal in 2017. Ted to close this is part of an extensive approval process. Various closing dates have been and gone. Were also talking about consolidation were broadly in the sector. Dow chemical and monsanto, a lot to talk about their. Tinto underlying profit of 1. 5 billion. The big headline here
OLD Point Trust & Financial Services N A lowered its position in shares of Yum! Brands, Inc. (NYSE:YUM – Free Report) by 3.0% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 16,792 shares of the restaurant operator’s stock after selling 525 shares during the quarter. OLD […]
Otter Creek Advisors LLC purchased a new stake in Yum! Brands, Inc. (NYSE:YUM – Free Report) during the 4th quarter, HoldingsChannel.com reports. The fund purchased 28,130 shares of the restaurant operator’s stock, valued at approximately $3,675,000. Yum! Brands comprises approximately 2.2% of Otter Creek Advisors LLC’s investment portfolio, making the stock its 6th biggest position. […]
TD Cowen restated their buy rating on shares of Yum! Brands (NYSE:YUM – Free Report) in a research note released on Tuesday, Benzinga reports. They currently have a $156.00 price target on the restaurant operator’s stock. Other equities analysts have also issued reports about the stock. BMO Capital Markets upped their price objective on shares […]