Utility Reports Narrower Loss

Summary


COLUMBUS, Ohio - American Electric Power today reported a narrower loss in the fourth quarter, hurt by lowered values for some operations being sold and losses from discontinued operations.

The giant power generator reported a loss of $762 million, or $1.93 per share, for the quarter that ended Dec. 31, compared with a loss of $837 million, or $2.47 per share, a year ago. Revenue fell to $3.3 billion from $3.5 billion.

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Utility Reports Narrower Loss

The company recorded charges of $960 milli...

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