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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Lehman Brothers Holdings Inc. LEH.N   on Wednesday said third-quarter earnings rose a   better-than-expected 4 percent, as trading and investment   management revenue jumped.
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Yum!'s international growth, coupled with its dividend growth and share repurchases, make it appetizing.
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With its performance in China, Yum! offers a significant opportunity for investors.
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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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A report says the minimum wage, due to rise on Friday, has helped clerical, retail and catering staff, as well as traditionally low-paid.
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McDonald&#39;s (MCD) third-quarter earnings rose a higher-than-expected 42% on a preliminary basis, the world&#39;s largest restaurant chain said Wednesday, citing strong sales in the United States and a lower tax rate.
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Fourth-quarter earnings rose 42 percent from a year ago as profit margins at its U.S. stores improved despite higher commodity costs.
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The world's No. 2 soft drink company said on Thursday  quarterly profit rose due to tax benefits.
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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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BEIJING -- Chinese inflation rose to its highest level in more than two years in May, driven by soaring prices for pork and other food, according to government figures released Tuesday.
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China's economy accelerated to 9.5 percent growth in the year through the fourth quarter, exceeding forecasts and raising the risk of another interest rate increase to avoid overheating.
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The company reported net earnings of $108.4 million on higher shipments and selling prices, as well as a tax benefit.
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China is promising farmers lower taxes and higher subsidies in its latest effort to raise rural incomes and ease burdens that have sparked violent protests.
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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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Exports help raise Q4 GDP to a stronger-than-expected 3.5%
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Yum Brands Inc.  on Wednesday reported a 12 percent rise in quarterly net earnings and nudged up its profit forecast for the year as strength in China and a lower tax rate offset weak results at its Taco Bell chain in the United States.