Pembina Pipeline reports $370 million profit in third quarter

CALGARY -- Pembina Pipeline Corp. says it earned $370 million in the third quarter for an increase from a year earlier despite lower revenue. The Calgary-based pipeline company says the profit, which works out to 66 cents per share, was an increase from the $334 million or 60 cents per share it made in the same quarter a year earlier. Revenue came in at $1.7 billion for the quarter ending Sept. 30, down from $2.045 billion reported in the quarter a year earlier. Analysts had expected earnings of