This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:Cameco earns $172-million in Q3 2009 2009-11-02 09:13 ET - News Release Mr. Jerry Grandey reports
CAMECO REPORTS THIRD QUARTER EARNINGS
Cameco Corp. confirms third quarter 2009 net earnings of $172-million (44 cents per share diluted) -- $37-million higher than net earnings of $135-million (39 cents per share diluted) recorded in the third quarter of 2008. For the nine months ended Sept. 30, 2009, net earnings were $501-million ($1.29 per share diluted) -- $82-million higher than net earnings of $419-million ($1.21 per share diluted) recorded in the first nine months of 2008. Third quarter 2009 adjusted net earnings of $104-million (26 cents per share adjusted and diluted) were 18 per cent lower than in the third quarter of 2008. Adjusted net earnings for the first nine months of 2009 were $334-million (86 cents per share adjusted and diluted) -- 19 per cent lower than in 2008 due to lower earnings in the uranium and gold businesses, partially offset by higher results in the fuel services and electricity businesses. Net earnings for the quarters and nine months ended Sept. 30, 2008, and Sept. 30, 2009, have been adjusted to exclude a number of items. The phrase, "adjusted net earnings," refers to a non-GAAP (generally accepted accounting principles) measure. The remainder is available to Stockwatch subscribers.
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