11:01 AM EST - Harry Winston Diamond Corp. : recorded a higher quarterly profit on Wednesday, helped by higher diamond prices, and said it was on track to meet its objective of increasing retail sales by more than 15 percent. Net earnings were $21.3 million, or 35 cents a share, in the three months ended April 30, up from $3.3 million, or 6 cents per share, in the same quarter last year. The Toronto-based company said revenue was $156.1 million, up 10.3 percent from $141.4 million, helped by higher diamond prices. Harry Winston Diamond Corp.
shares T.HW are trading off 86 cents at $28.38.