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AES Corp
AES reported a rise in its third-quarter profit.
AES' quarterly earnings from continuing operations fell by $0.20 per share to a loss of $0.15 per share. On an adjusted basis, AES' profit surged 35% to $0.27 per share. Its consolidated revenue surged 10% to $4.38 billion.
AES also announced its plans to declare a $120 million annual dividend in the third quarter of 2012.
AES projects full-year earnings of $1.08 to $1.14 per share, versus analysts' estimates of $1.05 per share.
AES shares gained 2.57% to close at $11.58 yesterday.
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