04:22 PM EST - Metro Inc. : says it is facing "irrational" competition in Ontario featuring "very aggressive" promotional activity that has made it difficult for the company to maintain its earnings growth. The firm recorded its 17th consecutive year of earnings growth in fiscal 2007, ended Sept. 29, with annual net earnings of $276.6 million or $2.37 a share, up 9.3 percent from $253 million or $2.18 per share in 2006. Metro Inc.
shares T.MRU.A are trading down 1.73 at $27.47.
