Entergy net income rises on hurricane tax ruling
by Associated Press Published: August 1,2012
Tags: Arkansas, Enterygu, Hurricane Katrina, Hurricane Rita, Leo Denault, Louisiana, Mississippi, Mississippi Business Journa, Texas
NEW YORK — Entergy Corp.’s net income rose 16 percent in the second quarter after the power company received favorable tax terms on financing costs for fixing damage to lines and equipment caused by hurricanes Katrina and Rita. The increase also reflected stronger sales to Entergy’s utility customers. The New Orleans-based company reported Tuesday that [...] [...]
Loading ...