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CNBC Squawk On The Street October 7, 2015

Results that came in significantly below expectations. Sabmiller rejects inbevs takeover offer saying the 42. 15 number is still below what they want. First up, yum brands will take a hit in the premarket. The home of kfc, pizza hut and taco bell missed with Third Quarter results. Greg creed says the pace of recovery in yums China Division is below expectations. In q3, we were looking for a 9. 6 number. They used the words unexpected headwinds, despite everything we know about what is going on there. Lets understand i know david tweeted what does this say about china growth. I say what does this mean about execution . Nike is selling a lot of shoes there. Starbucks has had a fantastic run. Apple is selling well. Samsung, verification of that. Samsungs business strong with apple. This is inexplicable. I think people are tired of it people are tired of the breakup story, the sum ....

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Edmond DE Rothschild Holding S.A. Grows Stake in Pure Storage, Inc. (NYSE:PSTG)

Edmond DE Rothschild Holding S.A. boosted its position in shares of Pure Storage, Inc. (NYSE:PSTG – Free Report) by 7.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 431,200 shares of the technology company’s stock after acquiring an additional 31,200 shares during […] ....

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Pure Storage (NYSE:PSTG) Downgraded by Barclays to "Equal Weight"

Barclays cut shares of Pure Storage (NYSE:PSTG – Free Report) from an overweight rating to an equal weight rating in a research note released on Tuesday, Marketbeat Ratings reports. The brokerage currently has $51.00 price objective on the technology company’s stock. PSTG has been the subject of several other research reports. StockNews.com upgraded shares of […] ....

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