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Counsel Corp.

09:41 AM EST - Counsel Corp. : said its second-quarter net income surged to $8.33 million or $0.16 per share from $300,000 or $0.01 per share in the previous year. Income from continuing operations also climbed to $8.30 million or $0.16 per share from $330,000 or $0.01 per share in 2008. Revenues for the recent quarter descended to $13.50 million from $19.95 million in the prior year quarter. Counsel Corp. shares T.CXS are trading even at $0.64.