03:52 PM EST - TransCanada Corp. : reported first-quarter net income applicable to common shares of $296 million or $0.43 per share, compared to $334 million or $0.54 per share last year. Comparable earnings were $328 million or $0.48 per share, compared to $343 million or $0.55 per share in first-quarter 2009. Revenues declined to $1.96 billion from $2.18 billion in the same quarter a year earlier. TransCanada Corp.
shares T.TRP are trading up $0.23 at $35.88.