Yum! Brands is selling the chain to private equity firm LongRange Capital. The deal is expected to close in the third quarter. Yum! will now focus more on its better-performing Taco Bell and KFC chains. Michael Halen of Bloomberg Intelligence is on "Bloomberg Open Interest." (Source: Bloomberg)
Domino’s Pizza Inc. shares sunk to its lowest in almost three years after the company revised its full-year outlook and reported a first quarter comparable sales miss.
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Kristine Aquino, Carol Massar and Emily Graffeo. (Source: Bloomberg)