Suez Lyonnaise reports 45% rise in 1999 net profit

Article Abstract:

Suez Lyonnaise des Eaux SA posted an increase of 45% in its net profits for the 1999 year. The company posted 1.45 billion euros in net income for the year.

France, Suez Lyonnaise des Eaux S.A.

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PG&E posts a 2000 net loss of $3.36 billion on power crisis

Article Abstract:

PG&E Corp. posted a $3.36 billion (3.79 billion euros) net loss for the 2000 year. The company posted $73 million in net losses in the 1999 year.

PCG, Pacific Gas and Electric Co.

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Texas Utilities earnings jumped in fourth quarter after acquisition

Article Abstract:

Texas Utilities Co. announced that its 1998 fourth-quarter earnings increased to $237 million. This was an improvement over $95 million during the same period in 1997. The company asserted that its earnings improved as a result of its $7.4 billion acquisition of Energy Group PLC in April 1998. The chairman and chief executive officer of Texas Utilities, Erle Nye, said that the company is expecting to post a growth in earnings of more than 5% in 1999.

Comment:

Announces that its 1998 fourth-quarter earnings increased to $237 million

Abstract, TXU Corp., TXU

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