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Diversified Utilities News
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Mirant 3Q profit plunges 97 pct on hedging losses
Fri 4:05 pm ET (AP)
Mirant Corp. on Friday posted a 97 percent plunge in its third-quarter profit -- driven mainly by one-time hedging losses -- and lowered its 2009 adjusted earnings before interest, taxes, depreciation and amortization.
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| Market Capitalization: | 130B | | Price
/ Earnings: | 16.5 | | Price
/ Book: | 1.7 | | Net
Profit Margin (mrq): | 8.6% | | Price
To Free Cash Flow (mrq): | 70.0 | | Return
on Equity: | 12.5% | | Total
Debt / Equity: | 0.0 | | Dividend
Yield: | 4.8% |
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