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Strategies & Market Trends : Can you beat 50% per month? -- Ignore unavailable to you. Want to Upgrade?


To: Smiling Bob who wrote (16552)8/12/2013 3:25:19 PM
From: Smiling Bob  Read Replies (2) | Respond to of 19256
 
OPEN
73.5 now
Some days it's best to not bother
A couple hours after I buy puts, it rockets up on this
While it will mean very little to either company, as I would guess the only ones who use OPEN already paste cat pics on FB, a pop is obligatory.
Wasn't a huge position, but coupled with LNKD, it's hurting
edit
I see this news was linked to FB at 11:15, with no reaction from OPEN then
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Facebook Mobile App Hooks Up With OpenTable
August 12, 2013 at 11:15 am PT





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  • Facebook on Monday announced a new integration with restaurant reservation network OpenTable, which will allow Facebook users to book reservations directly through the Facebook mobile iOS app. The update, which will go live on Monday, will also include TV listing information on TV show pages, based on a user’s local time and station lineup. Users are now also to search hashtags for trending discussions via mobile device.



    To: Smiling Bob who wrote (16552)8/12/2013 5:03:35 PM
    From: Smiling Bob  Read Replies (1) | Respond to of 19256
     
    YUM- Of course, forgot about this pending news and never added in YUM
    Sitting on a paltry, beaten down position
    -------------------
    Yum's China sales drop 13% in July; shares fall By John Kell

    Yum Brands Inc.'s (NYSE:YUM) same-store sales in China slid an estimated 13% in July, a worse-than-feared decline as the fast-food operator continues to be stung by the residual effects of bad publicity related to chicken-supplier quality issues.

    The key sales figure was below Wall Street analysts' expectations, according to Consensus Metrix, as analysts had forecast a 7.1% drop. The decline in the latest month was also sequentially worse than June's estimated 10% drop.

    Yum's shares fell 3.6% to $71.77 in after-hours trading. Through Monday's close, the stock has risen 12% in 2013, underperforming the broader market's gain.

    The parent company of the KFC, Taco Bell and Pizza Hut chains has made major efforts to advertise its safety and the quality of its ingredients this year. The move comes as sales at KFC in China have been falling since December, when patrons were scared off by a Chinese government investigation into potential safety violations among KFC's chicken suppliers. A series of avian flu cases in the spring added to the company's challenges.

    On Monday, Yum estimated same-store sales declined 16% at KFC's China locations, while Pizza Hut grew 3%.

    Yum, which is planning to host an investor event in Shanghai next month, has said it expects sales in China will recover throughout the year and be positive in the fourth quarter. The company is planning to release August same-store sales for China on Sept. 6.

    Write to John Kell at john.kell@wsj.com

    Subscribe to WSJ: online.wsj.com?mod=djnwires