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Big utility Fortis has lower second-quarter net earnings on higher revenues

2014-08-01 18:57:24| Apparel - Topix.net

ST.JOHN'S, N.L. - Fortis Inc., one of Canada's largest utilities, says it had lower second-quarter net earnings of $47 million compared with a year ago, weighed down by a charge related to its pending $4.3-billion acquisition of UNS Energy Corp. The company said Friday it earned 22 cents per share in the quarter.

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