Tuesday, May 8, 2007

Dynegy posts profit on power prices

(Reuters) - Analysts had on average expected the company to post earnings of 3 cents per share, according to data compiled by Reuters Estimates.

Shares of the Houston-based company, whose power plants produce a total of nearly 20,000 megawatts of electricity, have risen about 40 percent this year, compared with a rise of 15 percent in the Standard & Poor's utility index


Read more at Reuters.com Mergers News

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