10:07 AM EST - ING Canada Inc. : has reported a sharp drop in first-quarter net income to $23 million, compared with $126.2 million a year earlier, blaming turbulent weather and stock markets. The Canadian property and casualty subsidiary of Dutch-based ING Groep NV said Wednesday that its January-March operating profit fell to $70.2 million from $112.8 million. ING Canada Inc.
shares T.IIC are trading off $2.50 at $38.91.
