Referenced Stocks

TransAlta Posts Q3 Earnings, Sales Miss; Reveals Deal with MidAmerican Energy - Shares Tick Higher

By Midnight Trader,  October 26, 2012, 10:00:39 AM EDT

TransAlta Corp. ( TAC ) this morning reported its Q3 financial results, posting EPS of $0.18 per share, below estimates of $0.23, and representing a decline compared to the prior year's Q3 EPS of $0.27 per share.

Revenues for the quarter came in at $538 million, below estimates of $557 million and, and representing a decline vs. prior year Q3 sales of $629 million.

The company also announced its partnership with MidAmerican Energy Holdings under which the two companies co-develop, build and operate new natural gas-fueled electricity generation projects in Canada.

TAC is up 0.13% to $15.34, in a 52-week range of $13.92 - $22.99.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

Referenced Stocks: TAC



Latest News Video

Out Of Washington
Out Of Washington                   
Parents Threaten to Remove Sons If Boy Scouts Remove Gay Ban
Parents Threaten to Remove Sons If ...
Eyewitness Describes Encounter With London Attacker
Eyewitness Describes Encounter With...
On Our Radar
On Our Radar                        


Sign-in
Existing NASDAQ.com member? Log in here.

By signing into to the site using any of the third-party services above, you agree to NASDAQ.com's Terms of Use.

From Our Trusted News Source





Most Active by Volume:

Company Last Sale Change Net / %
BAC $ 13.205 0.11  0.79%
HPQ $ 24.091 2.86  13.48%
MSFT $ 34.24 0.37  1.07%
F $ 14.8199 0.15  1.00%
QQQ $ 73.31 0.31  0.42%
C $ 49.90 1.10  2.16%
MU $ 11.15 0.23  2.11%
INTC $ 23.94 0.13  0.54%