11:54 AM EST - Valener Inc. : Reports encouraging financial highlights from the first quarter of fiscal 2016. Normalized operating cash flows per common share were $0.27, up 4% from the same quarter of fiscal 2015. Adjusted net income was $16.5 million, up 5% ($0.8 million), or $0.43 per common share, compared to $0.41 in the same quarter of fiscal 2015. The company also made a declaration of a $0.27 dividend per common share, up 4% from the previous quarter. Valener Inc.
shares T.VNR are trading down $0.32 at $18.79.
