Yum 4th-qtr earnings rise on lower taxes, China
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Fast-food company Yum Brands Inc.  reported a 2.6 percent rise in quarterly earnings on Monday as  a lower tax rate and strong profit growth in China offset  fallout from an E. coli outbreak at some Taco Bell restaurants  in the United States.
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By Liu Baijia  Top Chinese web search portal Baidu.com Inc yesterday reported 400 percent growth in net profit in the fourth quarter, which pushed the company's stock price on the NASDAQ market up by 1.5 percent to $115.
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PepsiCo Inc. (PEP.N: Quote, Profile, Research) , the world&#39;s No. 2 soft drink company, on Thursday said quarterly profit rose due to tax benefits and strong performances
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Omnicom Group Inc. , the world's largest advertising services company, said on Tuesday fourth-quarter profit rose nearly 10 percent as it reaped the benefits of investments overseas, including China.
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China's software industry saw an increase in revenue of more than 20 percent last year, boosted by particularly swift growth in income from services, state media reported Tuesday.
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With its performance in China, Yum! offers a significant opportunity for investors.
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Chinese inflation rose in February on the back of higher food costs, but economists said they did not expect price pressures to get out of hand despite breakneck growth and plentiful cash in the banking system.
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OAK BROOK, Ill. - Fast food giant McDonaldâs says earnings this quarter will be better than forecast, thanks to rising sales and a lower tax bill.
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Ketchup maker H.J. Heinz Co. HNZ.N  posted a smaller-than-expected 4 percent rise in quarterly  profit on Tuesday as higher raw material, commodity and fuel  costs hurt results.
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PepsiCo Inc. PEP.N, the world's No.  2 soft drink company, on Thursday said quarterly profit rose  due to tax benefits and strong performances from its key  Frito-Lay snack and North American beverage units.
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Profit in the fourth quarter rose less than 1 percent, hurt by soaring grain costs, despite a 7 percent increase in sales.
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Chinese inflation rose in February on  the back of higher food costs, but economists said they did not  expect price pressures to get out of hand despite breakneck  growth and plentiful cash in the banking system.
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Newell Rubbermaid Inc  raised its full-year and current-quarter earnings guidance on Monday, after it resolved some tax matters that resulted in a benefit of about $39 million, or 14 cents a share in the current quarter.
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PepsiCo Inc., the world&#39;s No. 2 soft- drink maker, said third-quarter earnings increased 35 percent, boosted by sales in Asia and lower taxes.
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Yum Brands reported a 12 percent rise in quarterly net earnings and nudged up its profit forecast for the year.
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China's consumer inflation picked up pace in November, largely due to an increase in food prices, figures show.
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The company posted fourth-quarter profit of $414.9 million, helped by growth in emerging markets and the weaker dollar.