03:58 PM EST - Catalyst Paper : reported first-quarter net income of $21.0 million or $0.06 per share compared to a net loss of $37.4 million or $0.17 per share prior year. Net earnings before specific items were $8.6 million or $0.02 per share compared to a loss of $21.8 million or $0.10 per share last year. Operating earnings were $24.2 million compared to a loss of $29.6 million last year. Sales decreased to $352.5 million from $399.5 million a year ago. Catalyst Paper
shares T.CTL are trading up $0.085 at $0.25.
