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Tax Benefit Helps Wendy's 4Q Profit

Dublin-based Wendy's says fourth quarter profit increased thanks in part to a larger tax benefit.Profit for the fast food chain was 26.4 million dollars, up from 4 million in the same period a year ago. Revenue rose by 2 percent to nearly 630 million dollars. The results are in line with Wall Street analysts' expectations.

Jim has been with WCBE since 1996. Before that he worked as a reporter at another Columbus radio station, and for three newspapers in Southwest Florida.