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Taco Bell Spreads Wings Into The Fast-Food Chicken War
Friday, November 22, 2019 - 11:20am | 337The chicken sandwich wars started by Popeyes and Chick-fil-A will become even more competitive with Yum! Brands, Inc. (NYSE: YUM)'s Taco Bell entering the race. Taco Bell will marinate pieces of chicken breast in jalapeño buttermilk ranch sauce and then coat it in a combination of...
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What To Make Of Wendy's Breakfast Expansion
Tuesday, September 10, 2019 - 11:43am | 769Shares of Wendys Co (NASDAQ: WEN) lost more than 12% Tuesday after the company announced a nationwide expansion of its breakfast menu and lowered its guidance. Here is a summary of what some of the Street's top analysts are saying. Stephens: The Launch Wendy's will launch nationwide...
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Beyond Meat Expands Partnership With Del Taco, But Won't Be Coming To Taco Bell
Thursday, June 20, 2019 - 9:02am | 377The plant-based meat alternative craze is making its way to one taco chain. Expanding At Del Taco Del Taco Restaurants Inc (NASDAQ: TACO) announced Thursday an expanded partnership with Beyond Meat Inc (NASDAQ: BYND) to offer a 100% plant-based protein option. The country's second largest...
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Last Year Americans Spent As Much On Cannabis As They Did On Taco Bell
Friday, June 7, 2019 - 3:44pm | 381By Maria Loreto. New data compiled by Marijuana Business Daily says that last year Americans spent $10.4 billion on legal cannabis, about the same amount of money that they spent on Taco Bell foods. To help you get some perspective, Taco Bell is the sixth-largest fast food chain in the country. Are...
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Argus Says Chipotle Can Regain Its 'Formerly Strong Brand'
Thursday, March 21, 2019 - 9:25am | 340Chipotle Mexican Grill, Inc. (NYSE: CMG) could regain its "formerly strong brand" image it held before multiple food-safety related scandals, Argus said in a research report. The Analyst Argus' John Staszak maintains a Buy rating on Chipotle with a price target lifted from $670 to $...
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GrubHub Integrates Venmo As Payment Option; Stephens Says Peers Are At Competitive Disadvantage
Tuesday, April 17, 2018 - 2:02pm | 645GrubHub Inc (NYSE: GRUB)'s first-mover advantage in food delivery positions the company to capitalize on rapid growth in the sector, according to Stephens. Its announcement Tuesday that Paypal Holdings Inc (NASDAQ: PYPL)'s Venmo is being integrated into the platform makes it...
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Warren Buffett Still Prefers Burgers And iPhones To Tacos And Samsungs
Monday, February 26, 2018 - 12:20pm | 489Warren Buffett's Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) owns nearly $30 billion in Apple Inc. (NASDAQ: AAPL) shares, yet the 87-year-old billionaire investor doesn't own an iPhone. The iPhone Over An Android Buffett's affinity for his old school flip phone is well...
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Jim Cramer Hates Chipotle's CEO Pick
Wednesday, February 14, 2018 - 3:28pm | 388Chipotle Mexican Grill, Inc. (NYSE: CMG)'s announcement that it tapped Yum! Brands, Inc. (NYSE: YUM)-owned Taco Bell CEO Brian Niccol as its new CEO sent Chipotle's stock higher by more than 15 percent. While some on Wall Street support the hiring, CNBC's Jim Cramer said Niccol...
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What Does Wall Street Think Of Chipotle's New CEO?
Wednesday, February 14, 2018 - 12:16pm | 727Shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) soared by more than 14 percent as it appears investors are happy with the company's move to hire Taco Bell CEO Brian Niccol as its new CEO. Is the sell-side equally happy with the move? The Analysts William Blair's Sharon Zackfia...
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Drunk And Hungry? Taco Bell And Lyft Hope To Solve Your Problems With 'Taco Mode'
Wednesday, July 26, 2017 - 8:49am | 491Gone may be the days when you have to tell your Lyft driver to make an impromptu stop at the Taco Bell when your on the way home from the bar. Beginning Thursday, Yum! Brands, Inc.'s (NYSE: YUM) Taco Bell will test a feature that allows Lyft passengers to push a button to have their driver to...
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The Breakfast War Is Heating Up With Taco Bell's New Salsa
Tuesday, June 6, 2017 - 3:25pm | 487Attention breakfast lovers, Yum! Brands, Inc. (NYSE: YUM)'s Taco Bell unit has a new concept to win over the competitive landscape: breakfast salsa. Taco Bell is been "killing it" in the breakfast space, as evidenced by an 8-percent same-store sales gain last quarter, CNBC's...
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Taco Bell Thinks Outside The Bun, Focuses On Growing Outside The U.S.
Friday, May 26, 2017 - 12:12pm | 499Inspired by Taco Bell’s fresh focus on international markets, Credit Suisse analysts Jason West and Jordy Winslow came out of Thursday’s Investor Day more bullish on the Yum! Brands, Inc. (NYSE: YUM) fast-food segment. West and Winslow were particularly inspired by improvement to Taco...
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7 Tweets That Ruined Careers
Wednesday, March 1, 2017 - 12:55pm | 540PricewaterhouseCoopers accountant Brian Cullinan, the man who will forever be known as the guy that mixed up the envelopes at the Oscars, was Tweeting just minutes before handing out the wrong envelope. Despite being told to stay off social media during the show, it seems Cullinan simply couldn...
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Yum Brands' CEO Acknowledges Ongoing Woes At Pizza Hut Chain
Thursday, February 9, 2017 - 1:22pm | 397Yum! Brands, Inc. (NYSE: YUM) reported on Thursday mixed fourth-quarter results, which consisted of an earnings beat but a revenue miss. The parent company of Taco Bell, KFC and Pizza Hut also reported that its same-store sales rose 1 percent which fell short of the 1.7 percent analysts were...
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Dunkin Brands Vs. Yum Brands: Q4 Restaurant Earnings Face-Off This Week
Monday, February 6, 2017 - 3:10pm | 521This Thursday will see both Yum! Brands, Inc. (NYSE: YUM) and Dunkin Brands Group Inc (NASDAQ: DNKN) reporting their fourth-quarter results amid broad-based industry softness. Interestingly, Yum Brands will be reporting its first quarterly report since the spinoff of the China division. Yum Brands...