09:53 AM EST - Transat AT : said on Thursday second-quarter profit dropped 32 percent due primarily to another write-down related to its ABCP holdings, and warned it expects ''significantly'' lower margins for the summer because of fuel prices. The holiday travel firm and parent company of Air Transat earned $40.7 million, or $1.21 a share in the period ended April 30, down from a profit of $53.8 million, or $1.57 a share in the same period a year earlier. Transat AT
shares T.TRZ.B are trading up $1.41 at $20.82.
