NAMI News
The latest trinational news.Friday, August 01, 2008
TransCanada profit powers ahead in second quarter.
Calgary Herald, August 1, 2008 - “Calgary-based Trans- Canada Corp. posted higher second-quarter earnings Thursday as it cashed in on robust power prices in booming Alberta. Canada’s largest pipeline company, which also produces and sells power and owns midstream natural gas assets in Canada and the United States, said net income in the quarter rose 21 per cent to $324 million, or 58 cents a share, compared with $257 million, or 48 cents a share, in 2007. TransCanada’s profit beat the majority of analyst expectations.” Read more.
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