nuclear-news

Nuclear company Entergy’s fall in profits

Entergy 1Q Profit Falls 9% As Nuclear Unit Weighs on Results  WSJ.com, DOW JONES NEWSWIRES  By Matt Jarzemsky; 30 April 2010, Entergy Corp.’s (ETR) first-quarter profit fell 9% as lower pricing for its nuclear power dragged down revenue and operating margin…… Revenue fell 1.1% to $2.76 billion while operating margin slid to 17.3% from 18.2%…..The company’s utility division profit climbed 24% while its nuclear unit, the second-biggest U.S. generator of such power behind Exelon Corp. (EXC), reported a 48% plunge in earnings as revenue fell on lower pricing. Entergy 1Q Profit Falls 9% As Nuclear Unit Weighs on Results – WSJ.com

May 1, 2010 - Posted by Christina Macpherson | business and costs, USA | antinuclear, indigenous, nuclear costs, nuclear spin, nuclear technology