On Monday, Yum! Brands, Inc. (NYSE:YUM)’s shares inclined 0.18% to $90.27.
Pizza Hut, a partner of Yum! Brands, Inc. (YUM). Pizza Hut declared plans recently to make changes to its ingredients brand standards, startning with the removal of artificial flavors and colors from its nationally accessible pizzas by no later than the end of July, the first national chain to make this commitment.
For more than a year, the Pizza Hut culinary team has been working alongside its suppliers to reformulate its menu, removing many of the artificial additives that have become common across the industry supply chain. The effort has meant continuous testing and redevelopment of products, all done to preserve the flavor people have come to expect from the brand but also to meet the desire of recently’s customers who seek to know more about what’s in their food.
Pizza Hut also does not use any fillers in any of its meat toppings. Its Italian sausage is all natural and sourced from U.S. farmers, and its meatballs are free of any artificial colors, flavors or preservatives. Pizza Hut also does not add any sugar or oil to its pizza marinara sauce and its cheese is made from 100 percent whole milk mozzarella.
Also in July, Pizza Hut will introduce an interactive nutrition calculator and allergen tool to its website and mobile app that will better enable customers to tailor Pizza Hut menu items to their needs.
YUM! Brands, Inc., together with its auxiliaries, operates quick service restaurants. It operates in five segments: YUM China, YUM India, the KFC Division, the Pizza Hut Division, and the Taco Bell Division. The company develops, operates, franchises, and licenses a system of restaurants, which prepare, package, and sell various food items. As of February 4, 2015, it operated about 41,000 restaurants in about 120 countries and territories primarily under the KFC, Pizza Hut, and Taco Bell brands, which specialize in chicken, pizza, and Mexican-style food categories.
Ocwen Financial Corp (NYSE:OCN)’s shares dropped -1.77% to $9.98.
Ocwen Financial Corp (OCN) declared recently that after a planned review it will discontinue its residential servicing operations at its Houston facility. The decision was made to streamline the number of call center sites, eliminate redundancies, and enhance effectiveness within the Company’s residential loan servicing operations. The Houston facility is the Company’s smallest residential servicing call center in the U.S. mainland.
The decision will affect 140 residential servicing employees, which is less than 5 percent of the Company’s about 3,200 employees in the U.S. All influenced employees will have the opportunity to apply for employment at other Ocwen servicing facilities.
Ocwen Financial Corporation, a financial services holding company, engages in servicing and origination of mortgage loans in the United States. Its Servicing segment provides residential and commercial mortgage loan servicing, special servicing, and asset administration services to owners of mortgage loans and foreclosed real estate. This segment’s residential servicing portfolio comprises conventional, government insured, and non-agency loans.
At the end of Monday’s trade, Danaher Corporation (NYSE:DHR)‘s shares surged 0.67% to $86.90.
Danaher Corporation (DHR) declared that Executive Vice President and Chief Financial Officer Daniel L. Comas will be presenting at the Deutsche Bank Global Industrials and Basic Materials Conference in Chicago, Illinois on Wednesday, June 3 at 8:40 a.m. CT. The audio will be simultaneously webcast and the presentation will be archived on www.danaher.com.
Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services worldwide. The company’s Test & Measurement segment provides test, measurement, and monitoring products that are used in electronic design, manufacturing, and technology development; hardware and software solutions to deploy, manage, and secure communication network technologies and services; and tools, toolboxes, and automotive maintenance equipment.
NQ Mobile Inc (ADR) (NYSE:NQ), ended its Monday’s trading session with 1.95% gain, and closed at $4.19.
NQ Mobile Inc (ADR) (NQ) declared the appointment of Mr. Roland Wu as its chief financial officer in addition to his role as director, effective as of June 1, 2015. With Mr. Wu’s appointment, Dr. Vincent Wenyong Shi will step down from his role as the acting chief financial officer and focus on his responsibilities as the Company’s chairman of the board of directors and chief operating officer.
In the meantime, Mr. Roland Wu will remain as a director, but resigned from his position as a member of the compensation committee of the Company’s board of directors, and as a replacement, the board of directors elected Mr. William Li, an independent director of the Company, as a new member to the compensation committee, both effective as of June 1, 2015.
NQ Mobile Inc. provides mobile Internet services in the Peoples Republic of China and internationally. The company provides products and services in the areas of mobile security, privacy, productivity, personalized cloud, and family protection. It operates through two segments, Consumer and Enterprise.
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