Thursday, June 14, 2007

Transcontinental profit rises despite stronger C$

(Reuters) - TORONTO, June 14 - Transcontinental Inc. reported a slightly higher second-quarter profit on Thursday even as a stronger Canadian dollar and a weaker advertising market challenged the commercial printer.



Transcontinental said it earned C$34 million , or 40 Canadian cents a share, in the three months ended April 30. That was up from a profit of C$33.7 million, or 39 Canadian cents a share, in the same period a year earlier.


Read more at Reuters.com Market News

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