Home / Street Sector / Momentum Stocks Try To Beat Views: Yum! Brands (NYSE:YUM), ON Semiconductor (ON), Capital Product Partners (CPLP)

Momentum Stocks Try To Beat Views: Yum! Brands (NYSE:YUM), ON Semiconductor (ON), Capital Product Partners (CPLP)

Yum! Brands, Inc. (NYSE:YUM) [Trend Analysis] increased reacts as active mover, shares an advance 0.55% to traded at $91.26 and the percentage gap among open changing to regular change was 0.66%. Yum Brands, Inc. (YUM) revealed it has entered into contracts with Primavera Capital Group, a China-based global private equity firm, and Ant Financial Services Group, an online and mobile financial services providers that operates the widely used Alipay mobile payments platform, to invest a total of $460 million in Yum China, concurrent with the completion of Yum China’s spinoff from Yum! Brands.

Yum China is predictable to commence trading on the NYSE as an independent firm on November 1, 2016, under the ticker symbol, YUMC. Primavera and Ant Financial will invest $410 million and $50 million, respectively, in Yum China. Founder of Primavera Fred Hu will become Non-Executive Chairman of the Board of Yum China. The firm’s current ratio calculated as 0.80 for the most recent quarter. The firm past twelve months price to sales ratio was 2.88. As far as the returns are concern, the return on equity was recorded as 227.90% and return on investment was 29.40% while its return on asset stayed at 17.40%.

ON Semiconductor Corp. (NASDAQ:ON) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with 0.36% to $11.03. ON Semiconductor Corp. (ON) revealed it has extended tender offer to purchase ordinary stock of Fairchild Semiconductor (FCS) pending the satisfaction of the conditions to the Offer. The Offer will now expire on September 16, 2016.

The companies continue to work expeditiously to obtain the remaining required regulatory authorization in China and expect to close the acquisition about mid-September. As of the close of business, on September 1, about 84,947,259 shares of ordinary stock of Fairchild have been validly tendered and not properly withdrawn pursuant to the Offer, representing about 74.0% of the outstanding shares of ordinary stock of Fairchild. The share price of ON attracts active investors, as stock price of week volatility recorded 1.70%. The stock is going forward to its 52-week low with 58.25% and lagging behind from its 52-week high price with -5.08%.

Capital Product Partners L.P. (NASDAQ:CPLP) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it 1.14% to close at $3.56 with the total traded volume of 2.59 Million shares. The firm has institutional ownership of 22.40%, while insider ownership included 35.60%. Its price to sales ratio ended at 2.08. CPLP attains analyst recommendation of 2.10 with week performance of 2.30%.


About Gerard Bergeron

Gerard Bergeron covers Bio-pharmacy or healthcare sector Press Releases news updates. He has extensive three year of experience in content writing as freelance writer. He performs analysis of Healthcare Companies and provides worthy information for investor community. He is an experienced writer with a precise grasp of the English language and a clear, compelling writing style.

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