Transalta Corp. (TAC) Misses Q2 EPS by 14c
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TransAlta Reports Second Quarter 2015 Results
July 29, 2015 8:14 AM EDTCALGARY, ALBERTA -- (Marketwired) -- 07/29/15 -- TransAlta Corporation ("TransAlta" or the "Company") (TSX: TA) (NYSE: TAC) today reported second quarter 2015 comparable EBITDA(1) of $183 million, a decrease of $30 million compared to last year and comparable FFO(1) of $160 million, $6 million higher than last year. Solid performance from Renewables and Gas, including contributions from the newly commissioned Australian pipeline, were more than offset by lower availability at Canadian Coal, mark-to-market losses on financial contract hedging of future generation that did not qualify for hedge accounting and Energy Marketing losses in Alberta and the... More
