09:52 AM EST - Enbridge Inc. : reported first-quarter 2012 earnings of $264 million, which included unrealized non-cash mark-to-market losses, primarily related to the revaluation of financial derivatives used to risk manage the profitability of forward transportation and storage transactions. These short-term non-cash fluctuations in reported earnings are a result of Enbridge's hedging program, which over the long-term will support the Company's reliable cash flows and capacity for ongoing dividend growth. Enbridge Inc.
shares T.ENB are trading down $0.30 at $39.40.