AVANGRID, Inc. (AGR) Misses Q2 EPS by 11c
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July 18, 2016 9:15 PM EDT
NEW HAVEN, Conn.--(BUSINESS WIRE)--
Today AVANGRID, Inc. (NYSE: AGR) reports its financial results for the
second quarter of 2016, including consolidated net income of $102
million, or $0.33 per share, for the second quarter of 2016, compared to
$11 million, or $0.04 per share for the same period in 2015. For the
first six months of 2016, consolidated net income was $314 million, or
$1.01 per share, compared to $117 million, or $0.46 per share, for the
first six months of 2015. AVANGRIDs reported results for the second
quarter and first six months of 2015 do not reflect the combination with
UIL Holdings Corporation (UIL).
... More
July 18, 2016 6:36 PM EDT
ORANGE, Conn.--(BUSINESS WIRE)--
AVANGRID, Inc. (NYSE: AGR) has added two new independent members to its
board of directors: a former president of Mexico and a financial
services industry leader.
On July 14, the board of directors of AVANGRID took action to increase
the number of directors from 12 to 14 and elected Felipe de Jesús
Calderón Hinojosa and Elizabeth Timm as new directors of the
company, effective immediately.
President Calderón served as the 56th President of Mexico from 2006 to
2012. Under President Calderóns leadership, the Mexican economy... More
