Transcon revenues up, profit down slightly

Transcontinental Inc., Canada's largest consumer magazine publisher (though its magazine business is dwarfed by its printing interests) has released its latest quarterly results. Its results for the three months ended January 31 (see chart at left for the tracking of its stock price) were a profit of $27.9 million (31 cents a diluted share), compared with $29.1 million (33 cents diluted) a year