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PG&E operating profits beat expectations, utility offers rosy 2015 outlook

2015-04-29 19:17:41| Energy - Topix.net

PG&E, attempting to push past the aftermath of a record-setting fine to punish the utility for a fatal explosion in San Bruno, offered on Wednesday a rosy outlook for its 2015 fiscal year, and reported first-quarter operating profits that beat Wall Street's expectations. "The lessons of San Bruno will never be forgotten and will continue to guide our work," Anthony Earley, PG&E's chief executive officer, said in a prepared release.

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