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Transcontinental Inc.

11:50 AM EST - Transcontinental Inc. : Announces its results for the second quarter of Fiscal 2016, ended April 30, 2016. Revenues for the second quarter of 2016 increased from $490.5 million to $497.2 million. Adjusted operating earnings went from $61.6 million to $56.2 million in the second quarter of 2016, a decrease of 8.8%. Adjusted net earnings attributable to shareholders of the Corporation decreased 12.5%, from $39.1 million, or $0.50 per share, to $34.2 million, or $0.44 per share. Transcontinental Inc. shares T.TCL.A are trading down $2.11 at $17.05.