Commentary: Trade wise YUM was a bomb. Data wise it was pretty accurate. Read the report. They missed on revenue and beat by only a penny on EPS and it went up. In fact is was their worse release in 18 months. BUT – the whiff of the possible spin off in China was the good news along with today’s record highs in the DOW and S&P 500. So, I guess its a bit Alice in Wonderland, whats down is up. Too bad, we had high confidence in our data. For those in the trade room we were all gobsmacked.
Jump Zone Profit: – 7%