10:14 AM EST - Tim Hortons : said on Friday that second-quarter profit fell 12 percent, despite higher revenue, on a higher tax rate. Spun off in March of 2006 from U.S. fast food chain Wendy's International, Tim Hortons said it earned $67.2 million, or 36 cents a share. That is down from a profit of $76.3 million, or 39 cents, in the year-before period. Tim Hortons
shares T.THI are trading off 57 cents at $32.88.
