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Business 2002 P29



Aquila and Cogentrix cancel merger deal
Aquila Inc. and Cogentrix Energy recently announced that they have terminated their April agreement under which Aquila was to acquire Cogentrix.

USEC reports 2002 financial results
USEC Inc. recently announced results at the high end of its earlier earnings guidance, reporting net income of $16.2 million or $.20 per share for its fiscal year ended June 30, 2002.

Williams closes asset sales with net cash proceeds of $1.4 billion
Williams recently announced a series of transactions to resolve liquidity issues and strengthen the company's finances, in the process securing net cash proceeds of $1.4 billion.

New visualization software provides understanding of complex data sets
New visualization software uses virtual reality technology to try to provide a much deeper and faster understanding of complex data sets, such as computational fluid dynamics (CFD) results.

Calpine reports second quarter 2002 fully diluted EPS of $0.19
Calpine Corp. Thursday announced financial and operating results for the quarter ended June 30, 2002.

Vermont Yankee sale to Entergy completed
Vermont Yankee Nuclear Power Corporation (VYNPC) recently completed the sale of its assets to Entergy Nuclear Vermont Yankee.

Foster Wheeler announces second-quarter and first-half financial results
Foster Wheeler Ltd. recently reported revenues for the second quarter 2002 of $958.9 million and net income of $7.6 million, excluding after-tax special charges of $81.8 million.

El Paso Energy Partners announces net income up 70 percent to $28.7 million and cash flow up 92 percent to $70.9 million
El Paso Energy Partners L.P. reported second quarter 2002 net income of $28.7 million, up 70 percent from $16.9 million, excluding one-time charges of $5.1 million.

Mirant reports net loss of 38 cents per share in second quarter
Mirant Tuesday reported a net loss of $151 million for the second quarter or a loss of 38 cents per diluted share.

Williams reports net loss of $349.1 million
Williams recently announced an unaudited net loss of $349.1 million, or 68 cents per share, compared with net income of $339.5 million, or 69 cents per share, for the same period last year.

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