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Wesco International Inc Q4 adjusted earnings Miss Estimates


Wesco International Inc Q4 adjusted earnings Miss Estimates
WASHINGTON (dpa-AFX) - Wesco International Inc (WCC) released a profit for fourth quarter that fell from the same period last year.
The company s bottom line totaled $5.63 million, or $0.11 per share. This compares with $53.10 million, or $1.26 per share, in last year s fourth quarter.
Excluding items, Wesco International Inc reported adjusted earnings of $62.43 million or $1.22 per share for the period.
Analysts had expected the company to earn $1.33 per share, according to figures compiled by Thomson Reuters. Analysts estimates typically exclude special items.
The company s revenue for the quarter rose 96.7% to $4.13 billion from $2.10 billion last year. ....

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Tata Power records 28% YoY growth in Q3 PAT


On a consolidated basis, Tata Power Company reported 28.4% rise in net profit to Rs 248.21 crore on 7.5% increase in net sales to Rs 7597.91 crore in Q3 FY21 over Q3 FY20.
The company s improved profitability was mainly due to better performance in Mundra, steady operational performance across all businesses and interest cost savings on account of debt reduction.
Consolidated EBITDA was up 1% at Rs 1,997 crore in Q3 FY21 as compared to Rs 1,970 crore in Q3 FY20. Profit before tax in Q3 December 2020 stood at Rs 421.09 crore, up by 20.4% from Rs 349.74 crore in Q3 December 2019. Current tax expense increased by 2.41 times to Rs 174.72 crore in the third quarter from Rs 72.5 crore in the same period last year. ....

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Tata Power gains on taking over power distribution in Western and Southern Odisha


Tata Power rose 2.63% to Rs 84 after the company announced completion of acquisition of 51% equity shares of TP Southern Odisha Distribution and TP Western Odisha Distribution.Tata Power announced that it has taken over the management and operations of WESCO and SOUTHCO upon completion of sale process. Now, WESCO and SOUTHCO will operate under the company name as TP Western Odisha Distribution (TPWODL) and TP Southern Odisha Distribution (TPSODL) respectively. As per order issued by the Odisha Electricity Regulatory Commission (OERC), Tata Power holds 51% of equity with management control and the state-owned GRIDCO will have the remaining 49% equity stake in the company. ....

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Detailed text transcripts for TV channel - FOXNEWS - 20180201:23:15:00

Plan. dan springer feels listen from seattle. when it comes to greenhouse gases, president trump has said that he will pull being the thought the paris climate agreement. aiming to reduce emissions as a way to stop global warming. wesco states are driving inhibits the direction with reference to tax carbon this is an economic benefit for washington, job creation. jobs in the clean energy sector growing twice as fast as the rest of the economy. washington state s governor wants to tax residents every time they fill up at the pump, heat their homes to more plug-in electric vehicles. businesses like boeing that compete internationally would be exempt. they had to residents and small businesses, $3.3 billion over four years. that money would go to green industries. not just subsidizing clean energy. helping the environment, you re also subsidizing a big expansion in government bureaucracy which does nothing to help the ....

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