Natural Gas Prices Have Mixed Effect on Edison International
Natural Gas Prices Have Mixed Effect on Edison International
SUGAR LAND--March 6, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--Edison International (NYSE:EIX) (Rosemead, California) recently announced earnings results for the fourth quarter of 2008. Edison International is the parent company of the electric utility Southern California Edison (SCE) and power-generation business Edison Mission Group (EMG). Falling natural gas prices had very different effects on both of these business segments.
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