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.