Market Commentary and Intraday News

Earnings roundup: American Express, Yum Brands

335 days ago

By The Associated Press

Among the earnings stories for Wednesday, July 18, from AP Business News:

_ American Express Co.'s well-heeled customers slowed down spending a little in the April-to-June period, leading to growth of one percent in the company's profit.

_ Yum Brands Inc., owner of the Taco Bell, Pizza Hut and KFC chains, said its second-quarter net income rose 5 percent, overcoming a rare setback in China with the help of solid sales elsewhere, including supersized gains at U.S. Taco Bell stores.

_ Stryker Corp.'s second-quarter profit grew 5 percent on better sales of reconstructive hip and knee products in the U.S., the medical device maker said.

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