the facts get in the way, Craig.
and since you are a paid Communist, a traitor, paid in US Dollars by the Red Chinese, what do you care about my super investments?
be advised, $1.58 this year for ILA is way low.
Thursday June 21, 1:08 pm Eastern Time
Aquila says no change in earnings outlook, strategy
KANSAS CITY, Mo., June 21 (Reuters) - After its shares dropped 4.38 percent on Thursday, wholesale energy producer Aquila Inc. (NYSE:ILA - news) said there was ``no material change'' in its business strategy or earnings outlook and its results will not suffer from federal limits on electrical prices in the western United States.
Shares of Aquila were down $1.10 to $24 in Thursday afternoon trading on the New York Stock Exchange.
Kansas City, Mo.-based Aquila, which is 80 percent owned by utility UtiliCorp United Inc.(NYSE:UCU - news), noted that its strategy and earnings will not be affected by the Federal Energy Regulatory Commission's decision to extend its spot market price mitigation plan to the western region, including California.
Aquila is expected to earn 35 cents a share in the current quarter and $1.58 in fiscal 2001. Just last month, the company raised its guidance for 2001 to a range of $1.52 to $1.62 a share, based on expected net income of $145 million to $155 million. |
