12:04 PM EST - Scotiabank : reported first-quarter net income of $988 million, up 17% from $842 million in the same period last year. Net income available to common shareholders grew to $939 million from $805 million a year earlier. Cash earnings per share for the quarter also improved to $0.93 from $0.82 last year. On a taxable equivalent basis, total revenue totaled $3.98 billion versus $3.42 billion in the previous year. Scotiabank
shares T.BNS are trading down $0.53 at $49.57.
