Yum profit beats street, shares fall on outlook Yum Brands Inc, operator of the KFC, Taco Bell and Pizza Hut chains beat Wall Street's profit target on Monday, but its shares fell 2.3 percent after its boosted 2008 earnings per share forecast just missed analysts' target.
An economic downturn in the United States has prompted people to spend less at restaurants and investors are jittery about the growth potential of budget-oriented, fast-food purveyors, who are seeing food and labor costs rise. http://www.reuters.com/article/hotStocksNews/idUSWNAS925120080205
My posting is for my own entertainment, do your own DD before pushing your buy/call button