FINWIRES · TerminalLIVE
FINWIRES

Yum! Brands' COO Tracy Skeans Plans to Retire

By

Yum! Brands (YUM) said Tuesday that Tracy Skeans, its chief operating officer and chief people and culture officer, plans to retire after more than 25 years with the company.

Skeans will remain in her current role through late this year, after which she will move into an advisory position, the company said.

Yum! said her responsibilities will transition to the company's next Chief People & Culture Officer and Chief Scale Officer, and the firm is working to fill both roles.

Price: $147.54, Change: $+0.03, Percent Change: +0.02%

Related Articles

Wire

Caterpillar Outlook Strengthened by Power and Energy Momentum, UBS Says

Caterpillar (CAT) is positioned for continued earnings growth as demand in its power and energy segment accelerates and construction dealer inventories keep building, UBS Securities said Tuesday in a report.The company's expanding backlog and strengthening end-market trends provide greater clarity around 2027 and 2028 earnings, the report said.UBS raised its 2026-2028 EPS estimates, citing robust growth in natural-gas power generation, improving conditions in construction and resource industries, and rising oil and gas investment. The power and energy business is expected to account for more than 40% of Caterpillar's profit in 2027, UBS said.While Wall Street expectations are already elevated, Caterpillar still exhibits characteristics of a company entering a multiyear earnings expansion, UBS said. Backlog has climbed 70% in the past three quarters amid few near-term downside catalysts as demand remains strong across key markets, the report said.UBS lifted its price target on Caterpillar stock to $900 from $677 and kept its neutral rating.Price: $903.94, Change: $+38.58, Percent Change: +4.46%

$CAT
Wire

American Honda Sales Rise 9.9% in May

Honda Motor (HMC) said Tuesday that American Honda vehicle sales increased 9.9% to 148,903 units in May from a year ago.Year-to-date sales were down 0.2% to 623,139 units from the same period last year, the company said.Price: $26.48, Change: $+0.24, Percent Change: +0.91%

$HMC
Wire

Market Chatter: Uber Limits Staff Use of AI Tools to Cut Costs

Uber Technologies (UBER) has placed usage caps on some AI-powered coding tools used by its staff to control costs after the company exceeded its AI budget earlier this year, Bloomberg reported Tuesday, citing a company spokesperson.All Uber employees are limited to $1,500 per month in token spending per AI coding tool, the spokesperson reportedly told Bloomberg.Uber didn't immediately reply to requests for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $71.75, Change: $-2.02, Percent Change: -2.74%

$UBER