11:45 AM EST - BCE Inc. : announced that its fourth-quarter net earnings applicable to common shares were $350 million or $0.46 per share, compared to a net loss of $48 million, or $0.06 per share, for the same period last year. The company said that the prior year quarter results included net losses on investments of $372 million related to writedowns on non-core investments as a result of the decline in capital market valuations experienced in the last half of 2008. Adjusted earnings were was $0.51 per share, down 7.3% from $0.55 per share in the year-ago quarter. Operating Revenues for the quarter rose to $4.65 billion, from $4.48 billion in the year-ago quarter. BCE Inc.
shares T.BCE are trading up $0.43 at $28.05.
