Goldcorp Reporting Tough Second Quarter

A tough second quarter for Goldcorp.
The company is reporting net earnings for the period of $268-million, or 26 cents per diluted share, compared to $489-million, or 52 cents per diluted share, in the same period last year.
Revenue came in at $1.1-billion for the quarter compared to $1.3-billion year over year.
Goldcorp says gold prices remained under pressure for much of the second quarter.