Investment

Yum China just gave investors a new reason to worry about the Chinese economy

1 Mins read

Yum China Holdings Inc. late Tuesday gave investors a fresh reason to worry about China’s economy.

Yum China’s shares YUMC fell about 9% in the extended session Tuesday after the owner of Pizza Hut, KFC and other fast-food brands in China missed Wall Street expectations for its third quarter, saying that “softening consumer demand” emerged in recent weeks, and cast doubt about its current quarter.

Quarterly…

Read the full article here

Related posts
Investment

The winner of EA’s ‘Madden’ videogame tournament will get more prize money than the NFL’s Super Bowl champions

1 Mins read
Last Updated: March 3, 2025 at 10:21 p.m. ETFirst Published: March 3, 2025 at 4:58 p.m. ET Kids who are obsessed with football may…
Investment

AMC’s most liquid bond is rallying following the movie-theater chain’s fourth-quarter results

1 Mins read
Published: Feb. 27, 2025 at 1:23 p.m. ET AMC Entertainment Holdings Inc.’s most liquid bond rallied this week, lifted by better-than-expected fourth-quarter revenue…
Investment

The world’s biggest dividend has just been cut. Here’s why.

1 Mins read
Published: March 4, 2025 at 3:51 a.m. ET Saudi Arabian Oil Co. has slashed its massive dividend payout — the world’s biggest —…
Get The Latest News

Subscribe to get the top fintech and
finance news and updates.

Leave a Reply

Your email address will not be published. Required fields are marked *