Yum! Brands agreed to sell most of Pizza Hut to LongRange Capital and approved a $4 billion share buyback
Tag: Finance
Olin and Huntsman to merge in $12 billion all-stock deal
Chemical makers Olin and Huntsman announced a merger of equals to create a North American chemicals giant
ITT to acquire Aerospace Contacts for $31 million
Industrial manufacturer ITT announced a $31 million acquisition of connector maker Aerospace Contacts
Finance Minister Sitharaman Says Karnataka Received Five Times More Central Devolution Under Modi
Nirmala Sitharaman highlights that Karnataka’s share of central tax devolution has grown five-fold compared to the UPA government era.
Will Kroger (KR) beat quarterly earnings? Overwhelming 92% confidence in grocer’s outperformance
Traders heavily favor defensive supermarket franchise Kroger ahead of its late-June print amid solid consumer spend.
Traders price in earnings risk for Dave & Buster’s (PLAY) with only 21% beat odds
Traders maintain a highly pessimistic outlook for Dave & Buster’s earnings reflecting concerns on recreational retail.
October 2026 meeting emerges as leading rate-hike window with 38% odds on prediction desks
Traders assign real probability to a potential Fed tightening step if inflation spikes in late 2026.
Kroger GAAP EPS beat odds trade at 92% reflecting defensive sector strength
Prediction desks see limited downside for grocery giant Kroger as consumers continue to prioritize necessity spending.
Smith & Wesson (SWBI) GAAP EPS beat odds trade at 74% ahead of June print
Traders favor gun manufacturer Smith & Wesson to outperform earnings consensus on steady domestic consumer demand.
McCormick (MKC) reflects strong defensive earnings expectations at 84% beat odds
Traders maintain optimistic bets on spice maker McCormick on stable domestic staples pricing and volume growth.