Thursday, May 3, 2007

UPDATE 1-FirstEnergy 1st-qtr earnings rise

(Reuters) - Net income was $290 million, or 92 cents per share, up from $221 million, or 67 cents per share, a year before.

The company said earnings in the quarter included 5 cents per share of one-time gains from new regulations as well as a charge of 1 cent per share to write down some securities.


Read more at Reuters.com Market News

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