Wednesday, October 10th, 2007
Yum Brands Shares Soar For Second Day on China-Fueled Earnings Surprise
From Staff Reports
Yum Brands Inc. (YUM), the former PepsiCo (PEP) spin-off and current operator of the Pizza Hut, KFC and Taco Bell chains, saw its shares soar $1.82 each, or 5.02%, to close at $38.11 yesterday (Tuesday), after reporting better-than-expected earnings on Monday. Yum Brands attributed much of the growth to higher-than-forecasted revenue and profits from China. [For our full research report on Yum Brands, please click here. It’s free of charge.]
News and Related Story Links:
- Money Morning Investment Research Report:
How to Profit on an Earnings Surprise From China’s Rise. - Money Morning Investment Analysis:
The Three Pathways to Profit as Investors Make it All About Earnings.
Jim Rogers: China’s Expansion Depends on Water
Oil isn’t China’s most precious resource. China must spend $162 billion in the next five years to clean up its polluted rivers-as nearly 40% of them are undrinkable. "China has a huge water problem," Legendary investor Jim Rogers says. "…If they don’t solve it, or if they don’t solve it in time, then China has failed." Find out which six global water treatment powerhouses are set to make “liquid profits.”
