Yum Brands With China And Europe Slowing - Yuck!
by David White
Yum Brands Inc. (YUM) has been producing great results in recent quarters and years mostly through growth in its international business. YUM reports earnings July 9, 2012 for Q2. The economic news from the EU, from China, from India, from the US, and from many other emerging market countries indicates that those economies have been slowing. The Chinese GDP grew at a +9.5% rate in Q2 of 2011. The Bank of China's recent estimate for Q2 2012 growth was +7.6%. That's almost 2% lower than the previous year's growth rate; and the Bank of China's estimate is by no means the lowest estimate out there. read more »
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