12:18 PM EST - TransAlta Power : reported third quarter net income of $8.7 million or $0.12 per unit, compared to $8.3 million or $0.11 per unit in the last-year quarter. The company also declared distributions of $0.06625 per unit, payable on each of Dec. 31, 2006, Jan. 31, 2007, and Feb. 28, 2007 to unit-holders of record at the close of business Dec. 10, 2006, Jan. 10, 2007, and Feb. 10, 2007, respectively. TransAlta Power
TPW.UN are trading ahead 55 cents at $7.70.