11:55 AM EST - Canadian Tire : posted first quarter net earnings of $49.7 million or $0.61 per basic share, compared to $67.1 million or $0.82 per basic share in the prior-year period. Adjusted net earnings for the period were $49.6 million or $0.61 per basic share, compared to $55.6 million or $0.68 per basic share in last-year period. Gross operating revenues for the period were $1.76 billion, compared to $1.83 billion in last year period. Further, Canadian Tire Corporation declared a quarterly dividend of $0.21 per share on each Common and Class A Non-Voting share, payable September 1, 2009 to Common and Class A shareholders of record as of July 31, 2009. Canadian Tire
shares T.CTC are trading up $3.00 at $65.00.
