11:16 AM EST - Magna Entertainment Corp. : posted a net loss of $43 million, or 38 cents per share, compared with a net loss of $12.5 million, or 12 cents a share, in the same quarter a year earlier. Quarterly revenue rose 14.4 percent to $117.3 million, from $102.6 million in the same period a year earlier. Magna Entertainment Corp.
shares T.MEC.A are trading off 8 cents at $0.79.