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Yum Brands is blaming tension in the South China Sea for its bad quarter (YUM)

Yum Brands on Wednesday reported third-quarter profits and revenues that were weaker than analysts expected. The fast-food giant, which owns chains including KFC and Taco Bell, also reported a drop in sales in China, as it prepares to spin off its business in the country. Same-store sales — at locations open for at least one year — fell by 1% in China, missing analysts' forecast for a gain by 4.
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