12:33 PM EST - Genesis Land Development Corp. : reported a first-quarter net earnings of $2.4 million or $0.05 per share, compared to $8.1 million or $0.18 per share in the prior year quarter. Total revenue for the quarter were $16.6 million, down from $29.2 million in the year-ago quarter. Genesis Land Development Corp.
shares T.GDC are trading down $0.08 at $0.95.