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Analysts' Comments

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  • Yum Brands' China restaurant sales improve, shares rise

    (Reuters) - KFC parent Yum Brands Inc on Tuesday said first-quarter sales at established restaurants in China, its top market, rose 9 percent as it recovers from an avian flu outbreak and a food safety scare that pummeled demand for chicken last year.
  • Japan overhauls its public pension fund

    TOKYO (Reuters) - Japan overhauled the world's biggest public pension fund on Tuesday, appointing new committee members, in a push toward Prime Minister Shinzo Abe's goal of a more aggressive investment strategy. The government announced a reshuffle of...

    Exclusive: 'Leopard King' Cavalli nears 450 million euro sale to Permira - sources

    LONDON (Reuters) - Italian designer Roberto Cavalli is in advanced talks to sell a majority stake in his eponymous fashion house to London-based buyout firm Permira in a sale worth about 450 million euros ($621 million), four sources close to the deal...

    Ex-Sentinel CEO found guilty over $500 million fraud

    (Reuters) - The former chief executive officer of Sentinel Management Group Inc was found guilty on Tuesday of defrauding customers out of more than $500 million before the suburban Chicago firm collapsed in August 2007, federal prosecutors said....

    UTC Forecast Hurts Shares On Down Day For Markets

    United Technologies Corp. delivered a less-than-stellar profit forecast Thursday, sending its shares down $2.92, or 2.5 percent, to $112.89 on a day when every company in the Dow Jones Industrial Average lost ground. UTC said it expects to earn a net $1....