Monday, July 30, 2007

UPDATE 4-Cameco profit jumps, but shares underperform

(Reuters) - TORONTO, July 30 - Cameco Corp.'s
second-quarter profit jumped 37 percent on higher uranium sales
and prices, but its shares continued to struggle as the results
did little to lift the recent cloud of bad news shadowing the
company.




The world's top uranium producer said on Monday it earned
C$205 million , or 55 Canadian cents a share,
in the quarter ended June 30, up sharply from C$150 million, or
40 Canadian cents a share, a year earlier.


Read more at Reuters.com Market News

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