10:05 AM EST - Magellan Aerospace Corp. : reported first-quarter net income of $3.1 million or $0.06 per share, compared to $7.92 million or $0.41 per share last year. Revenues declined to $177.9 million from $179.29 million in the same quarter a year earlier. Magellan Aerospace Corp.
shares T.MAL are trading up $0.13 at $2.75.
