Tricon Global Restaurants sells 183 outlets in first quarter
Tricon Global Restaurants Inc. moved 183 Taco Bell KFC and Pizza Hut locations to franchisees in the first quarter of the 2000 fiscal year ending March 18. The sale reduced revenues by 12 percent but cut administrative costs lifting earnings 13 percent. EPS rose 17 percent to 81 cents as buyback of 3.9 million shares supported stronger ongoing operating EPS. Local Syracuse context noted with shops in De Witt Camillus and Syracuse.
MENTIONED IN THIS ARTICLE
Chihuahua
Chalupa
Tricon Global Restaurants Inc
Taco Bell
KFC
Pizza Hut
David Deno
Tricon
Pepsi- Co Inc
Tricon Restaurants International
United States
Taco Bells
U.S
Syracuse
Joseph Jerry
Erie Boulevard
de Witt
Genesee Street
Camillus
Salina Street
TriconG reports quarterly sales by store type and region
TriconG NYSE symbol YUM posts quarterly sales of 1,047 million from company stores in the United States and 378 million from company shops outside the U.S. Global sales across all stores, including franchises, reach 4.9 billion. Taco Bell U.S. same store sales show slight year over year growth.
MENTIONED IN THIS ARTICLE
United States
Taco Bell
U.S
Equity traps to avoid in home loans and credit
Advice from Sharon Patchett of the Consumer Credit Counseling Service of Central New York warns buyers to stick with known financial institutions and avoid out of area lenders. She advises checking BBB reports, avoiding blank contracts, not over refinancing, avoiding unnecessary credit insurance, and not borrowing more than needed.
MENTIONED IN THIS ARTICLE
Bankrate
Bankrate.com
Better Business Bureau
BBB
Bbb.org
Sharon Patchett
Consumer Credit Counseling Service
Central New York
Patchett
Syracuse
P.O. Box
N.Y
SEC warns investors about misleading annuity offers
The SEC cautions investors about variable annuities with bonus credits and high fees, urging scrutiny of prospectuses and surrender penalties. It contrasts fixed annuities with no M&E fees, notes rating risk, and highlights adviser tactics, fees, and tax consequences before retirement plans.
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SEC
Bellomo
Sis
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