11:59 AM EST - Torstar Corporation : reported financial results for the first quarter ended March 31, 2011. Revenue was $351.4 million in the quarter, up $16.4 million from the first quarter of 2010. Excluding certain unusual items and the impact of foreign exchange, total revenue was up $5.5 million or 1.6% in the quarter. Net income was $15.4 million in the first quarter, down $1.2 million from $16.6 million last year. Net income per share was $0.20 in the first quarter of 2011, down $0.01 from $0.21 last year. Torstar Corporation
shares T.TS.B are trading down $1.68 at $11.96.
