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Reuters: Yum margin weakness sends shares down 5 pct

Started by chris, July 17, 2008, 12:41:09 AM

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chris

Yum margin weakness sends shares down 5 pct
      


LOS ANGELES (Reuters) - Taco Bell, Pizza Hut and KFC parent Yum Brands Inc  on Wednesday posted a 5 percent rise in quarterly profit, but shares fell more than 5 percent as rising commodity prices ate into restaurant margins in the United States and China.
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