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Loblaw Companies Limited

09:53 AM EST - Loblaw Companies Limited : said its first-quarter net earnings improved 25.7% to $137 million from $109 million a year ago. Net earnings per common share for the latest quarter were $0.49, higher than $0.40 last year. Sales for the first quarter of 2010 increased 3.1% to $6.93 billion from $6.72 billion in the comparable period. The Company expects to invest approximately $1.0 billion in capital expenditures in 2010. Loblaw Companies Limited shares T.L are trading up $0.84 at $38.64.