03:53 PM EST - Precision Drilling Corporation : reported net earnings of $6 million or $0.02 per diluted share for the three months ended December 31, 2010 compared to a net loss of $25 million or $0.09 per diluted share for the fourth quarter of 2009. Financing costs for the fourth quarter of 2010 were $109 million which includes a non-cash charge of $91 million ($0.29 per diluted share after tax) related to Precision's long-term debt refinancing that was completed during the quarter. Precision Drilling Corporation
shares T.PD are trading down $0.06 at $10.04.
