Brown-Forman facing more questions over its accounting practices
The financial website MarketWatch is once again questioning the accounting practices of Brown-Forman Corp., citing experts who say the earnings reports of the Louisville-based spirits giant do not follow guidelines laid out last year by the Securities and Exchange Commission. However, a spokesman for...
Monday Business Briefing: Thorntons eyes Original Highlands site; investor buys 10% Papa John’s stake; city holds 9th St. underpass meeting; and more
Welcome to the Nov. 14 Monday Business Briefing, your private business intelligence digest from Insider Louisville. Neighbors unhappy with Thorntons designs for gasoline station at former Bader’s site Louisville-based gasoline and convenience chain company Thorntons plans to revive a former gasoline station site at the corner...
Yum China hits New York Stock Exchange with a gong
With the beating of a gong, Yum China Holdings hit the New York Stock Exchange for the first time Tuesday morning. Yum China officially spun off from the Louisville-based restaurant giant Yum Brands. It will operate as a mostly separate entity, but will pay a 3...
Yum inks $460 million deal with two China investors
Louisville-based Yum Brands will sell an interest in its China operations to two investors for $460 million. Private equity firm Primavera Capital Group and online and mobile financial services providers Ant Financial Services Group, both based in China, have agreed to buy a stake in...
The potential risks and rewards of splitting Yum! China from Yum! Brands
Yum! Brands is creating the framework for its new separate China company. Yum! China Holding was registered as a Delaware-based business on April 1. Among other services, the new company will contract with Yum to license its three brands — Pizza Hut, Taco Bell...
Evolent Health wants to make Kentucky a model for Medicaid care delivery
If a new Evolent Health partnership is successful in streamlining and improving care for Medicaid patients in Kentucky, the Arlington, Va.-based health care consulting company plans to expand into other states. Evolent Health and Louisville-based not-for-profit Medicaid provider Passport Health Plan have joined forces...
The Closing Bell: Lucrative pharma jobs coming, major mixed-use development planned, Yum CFO departure triggers payout, and more
Welcome to The Closing Bell. This is your last stop for biz scoops and big news before the weekend — a roundup of stories that can’t wait till Monday. High-paying pharmaceutical industry jobs coming to Louisville Louisville-based specialty pharmaceutical maker US WorldMeds has created...
The Closing Bell: CafePress moving HQ, Humana stock drops, KY best in nation for early retirement, and more
Welcome to The Closing Bell. This is your last stop for biz scoops and big news before the weekend — a roundup of stories that can’t wait till Monday. CafePress to move headquarters to Shelbyville Road Some of CafePress’s shipping boxes may become moving...
U.S. Securities and Exchange CommissionAugust 22, 2019
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