VENTURE CAPITAL POST

Yum Brands, the parent company of fast-food brand KFC, reported lower-than-expected quarterly sales on Wednesday.

Yum Brands, the parent company of fast-food brand KFC, reported lower-than-expected quarterly sales on Wednesday.

Chipotle slashed its executives' pay for the year 2015. In a regulatory filing released on Friday, Chipotle said that its executives will not receive any bonus for 2015 as a result of the E.coli incident.

For over two years, Chipotle has the worst quarterly sales growth of 12%. Chipotle used to have an outstanding speed when comes to sales growth, but now for four consecutive quarters, its sales growth has been plunging.

Billionaire investor Daniel Loeb said on Friday his hedge fund has taken a new position in Yum! Brands (YUM.N), sending the fast-food restaurant company's stock up nearly 7 percent.

The S&P 500 ended nearly flat on Tuesday as concerns about global weakness and political turmoil were offset by gains in technology and energy shares.

Yum! Brands increased profit numbers despite backlash in China.

Hardcastle Restaurants looks at raising funds through a qualified institutional placement (QIP) or a follow on public offer (FPO) as it planned to double its store chains in India.