12:04 PM EST - Cargojet Income Fund : reported Monday that second-quarter profits tumbled as higher costs offset a growth in its revenues. The Mississauga-based fund reported that net income was $286,204 for the three months ended June 30, versus $2.2 million a year ago. Revenues climbed to $37.8 million from $34 million. However, Cargojet's direct expenses grew 19.7% to $29.2 million. Cargojet Income Fund
shares T.CJT.UN are trading up $0.06 at $7.00.
