01:32 PM EST - Cabo Drilling Corp. : reported a record first-quarter profit of $1.1 million, up from a year-earlier profit of $423,000, as revenue rose 36 percent. The Vancouver company's earnings rose to three cents per share from a year-before one cent per share on strong demand for drilling services and an increased market share. Cabo Drilling Corp.
shares T.CBE are trading down 9 cents at $0.63.
