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BUSINESS BRIEFS.(TO THE POINT)
ENERGY
TXU profit up, spinoff rejected
The No. 1 Texas electricity utility's operating earnings rose from $1.32 to $2.35 as revenue shot up 16% to $3.19 bil. TXU missed views of $2.46 on $3.57 bil, but it boosted its '05 outlook by 25 cents to $6.50-$6.70 a share; views were $6.58. The utility also said it does not plan to spin off its energy delivery business, as some anticipated. Shares tumbled 10% to 90.44.
Entergy earnings rise, stock dips
The power seller, whose New Orleans plant was forced into bankruptcy by Katrina and Rita, earned $1.65 in Q3, beating views by 7 cents and its year ago earnings by 19%. Entergy seeks funding of $2.5 bil-$3 bil while it recovers. It looks to insurance, higher rates and gov't help to pay for the damage. Sales rose 6% to $3.13 bil. Shares fell 3% to 68.64.
** Rowan's Q3 profit swelled threefold and topped views by 7 cents with 49 cents ex items. The oil and gas drilling contractor's revenue rose 56.6% to $284.4 mil ...
- R.H. Donnelley Reports Third Quarter Diluted EPS of 83 Cents, Up 12.2%, Before...
- Press release article from: Business Wire October 23, 2001 700+ words
...diluted earnings of 83 cents a share, up 12.2...diluted earnings of 74 cents a share a year ago, before a 2 cent per share extraordinary...132.3 million a year ago. Prior year sales...increase by about 15 cents over 2001, due to...
- DPL Reports Fourth-Quarter EPS of 21 Cents, Up 40 Percent From a Year Ago, as...
- Press release article from: Business Wire February 6, 2003 700+ words
...quarter basic earnings of 21 cents per share, up 40% from 15 cents per share a year ago. For the full year, the Company had earnings of 73 cents per share, compared with...year results include a 77 cent per share impairment write...
- EDS Reports First Quarter 2004 Results; - Pro forma loss of a penny per share,...
- Press release article from: PR Newswire April 26, 2004 700+ words
...restructuring charges of 10 cents per share, EDS...22 billion in the year-ago quarter (down 2 percent...EITF 00-21, a 7 cents per share severance charge and 3 cents per share charge related...the same period a year ago (flat on an organic...
- Gasoline prices fall 10 cents in 2 mos. // But drop only brings cost roughly to...
- Newspaper article from: Chicago Sun-Times Hugh Hough February 14, 1986 700+ words
...was $1.091, which is 2.9 cents lower than a year ago. The price of self-serve...unleaded was $1.367, or 1.5 cents lower than a year ago. Better gasoline bargains are...figure represented a 15.1-cent decrease in the last two months...
- TORO REPORTS 36 PERCENT RISE IN NET EARNINGS FOR THIRD QUARTER; NINE-MONTH...
- Press release article from: PR Newswire May 20, 1993 700+ words
...9.4 million in the year- ago quarter. Earnings per...01 compared to 78 cents in the third quarter...8.7 million or 73 cents per share for the year-ago nine-month period...10.2 million or 85 cents per share related to...
- MotivePower Industries Reports Record E.P.S. of 28 Cents for Third Quarter, Up...
- Press release article from: PR Newswire October 20, 1997 700+ words
...earnings per share of 28 cents for the third quarter...percent from the year-ago quarter, on an 11...million. In the year-ago quarter, the company...6 million, or 15 cents per share, on sales...6 million in the year-ago quarter. "We...
- MotivePower Industries Reports Record E.P.S. of 29 Cents for Second Quarter, Up...
- Press release article from: PR Newswire July 17, 1997 700+ words
...earnings per share of 29 cents for the second quarter...percent from the year-ago quarter, on a 20...million. In the year-ago quarter, the company...4 million, or 14 cents per share, on sales...5 million in the year-ago quarter. "We are...
- The Bank of New York Company, Inc. Reports Third Quarter EPS of 51 Cents, up...
- Press release article from: Business Wire October 20, 2005 700+ words
...diluted earnings per share of 51 cents, compared with net income of...diluted earnings per share of 46 cents in the third quarter of 2004...diluted earnings per share of 52 cents in the second quarter of 2005...operating leverage over the year-ago quarter. --Securities servicing...