10:40 AM EST - Rona Inc. : reported a lower first-quarter profit on Tuesday, as the home improvement retailer was hurt by an economic slowdown in Ontario and Quebec provinces. The company, which has been rapidly expanding its hardware store network over the past year, earned $9 million, or 8 cents a share, down from a profit of $16.4 million, or 14 cents a share, a year earlier. Rona Inc.
shares T.RON are trading off $2.41 at $22.84.
