Monday, April 30, 2007

FPL Group shares up as earnings beat

(Reuters) - The company's results were helped by a solid performance from its unregulated merchant generation unit, which sells power in the competitive markets.

"It looks like they are off to a good start," said Paul Patterson, analyst at Glenrock Associates in New York City. "They benefited from new generation and favorable market conditions."


Read more at Reuters.com Hot Stocks News

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