Article: NEWSLINE - BUSINESS; Katrina to cut into Entergy bottom line

PLYMOUTH - Entergy Corp., the owner of the Pilgrim nuclear power plant in Plymouth, said it is unable to affirm its earnings guidance for the year, given the widespread power disruptions on the Gulf Coast caused by Hurricane Katrina. Before to the storm, Entergy had forecast full-year earnings of $4.60 to $4.85 a share. It now expects lower revenue because of outages and an inability to bill utility customers in the region for service received before the storm. Entergy, which evacuated its New Orleans headquarters, also said its capital expenses will be higher because of restoration costs.

Insurer suspends billing in Gulf area

BOSTON - Liberty Mutual Group said it will continue to insure ...

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