Yum shares fall after downgrade, more E. coli cases
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Yum Brands Inc.  shares fell 2.4 percent on Friday after an analyst downgraded the stock due to concerns about slowing sales momentum in the United States and difficult upcoming sales comparisons at KFC and Taco Bell.
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SAN FRANCISCO -- Shares of Intel Corp. fell more than seven per cent yesterday after the computer chip giant&#39;s management lowered the company&#39;s financial projections after concluding businesses and consumers aren&#39;t in a spending mood.
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The deep-discount chain reports lower sales and profits as consumables eat at margins.
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SAN FRANCISCO - Intel Corp.&#39;s shares fell more than 7 percent yesterday, a day after the computer chip giant&#39;s management lowered the company&#39;s financial projections after concluding businesses and consumers aren&#39;t in a spending mood.
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Shares of Krispy Kreme Doughnuts Inc.  KKD.N fell 8.8 percent before the bell on Tuesday after news  wires reported that papers filed in a shareholder lawsuit  accused the company of hiding declining sales for more than a  year before reporting its first quarterly loss.
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The companyâs disappointing results and outlook pushed its shares down 2 percent even as it announced a deal with the celebrity chef Emeril Lagasse.
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Shares in Krispy Kreme Doughnuts have plummeted by almost 20% after the firm announced a quarterly loss of $3m due to store closures and poor sales.
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Krispy Kreme Doughnuts Inc. (KKD.N: Quote, Profile, Research) on Monday reported a quarterly loss due to store closings and sluggish sales, sending its stock down 16 percent.
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Shares in Tyson Foods Inc. fell more than 8 percent Monday after the company lowered its earnings forecast for the fiscal year, saying attempts to hedge grain prices backfired as demand for beef weakened.
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Shares of Wyeth  and Pfizer Inc.  fell on Monday after Merrill Lynch downgraded the drugmakers and U.K. regulators issued tougher warnings on the type of popular depression drugs sold by the companies.
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Micron Technology Inc  (MU) share prices fell early Sept. 19, after the financial services firm Citigroup downgraded its rating on the stock to hold from buy.
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Stock watchers downgrades the shares of the brokerage, citing weaker fixed income trends.
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Yum Brands Inc , operator of the KFC, Taco Bell and Pizza Hut fast-food chains, posted a slightly lower quarterly profit on Monday as higher costs in the United States offset strength in its international business.
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Shares of top toy maker Mattel Inc.  MAT.N and rival Hasbro Inc. HAS.N fell to their lowest  levels at least 14 months on Monday after a downgrade by Lehman  Brothers, which cited deteriorating industry conditions.
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Stocks fell on Thursday after disappointing results from Comcast  and engine maker Cummins  fed worries about corporate profits, while fears of more credit losses hit financial shares.
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Yum Brands Inc.  on Tuesday  said a strain of E. coli that is suspected to have sickened a  number of people in the Northeast is no longer in any of its  Taco Bell restaurants.
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US stocks fell after Colgate- Palmolive Co., the world&#39;s largest toothpaste producer, reduced its profit forecast and PMC-Sierra Inc.