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APR 23, 2013 - Forbes

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Yum's China Profit Drops 40% But Taco Bell Lifts U.S.

Yum! Brands closed off a difficult first quarter marked by a probe into the quality of its chicken by Chinese regulators and the avian flu scare, which conspired to push profits there down 40%.  Despite missing revenue estimates, the company reaffirmed its guidance, revealing a decent performance in the U.S. and in its international unit (which excludes China); the stock soared in post-market trading.

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