12:06 PM EST - Shoppers Drug Mart : said on Tuesday its profit rose 19 percent in the first quarter, helped by cost cuts and a reduction in the company's income tax rate. Shoppers, Canada's largest pharmacy chain, said it earned $101.3 million, or 47 cents a share, in the period ended March 22, up from $85.3 million, or 39 cents a share, in the comparable period a year earlier. Shoppers Drug Mart
shares T.SC are trading up 62 cents at $51.76.
