10:06 AM EST - Precision Drilling Trust : reported first-quarter net income of $62.02 million or $0.22 per unit, compared to $57.42 million or $0.28 per unit in the same quarter last year. Revenue for the quarter was $373 million, down 16.8% from $448 million in the comparable quarter last year. Precision Drilling Trust
shares T.PD.UN are trading down $0.22 at $7.43.
