09:49 AM EST - Cameco Corporation : reported its consolidated financial and operating results for the first quarter ended March 31, 2011. Net earnings were $91 million ($0.23 per share diluted) compared to $143 million ($0.36 per share diluted) in the first quarter of 2010. On an adjusted basis, earnings this quarter were $85 million ($0.21 per share diluted) compared to $112 million ($0.28 per share diluted) in the first quarter of 2010. Cameco Corporation
shares T.CCO are trading down $0.30 at $27.38.