Dynegy also reported Monday a 27 percent drop in second-quarter profit on asset impairment charges and lower energy prices. The company says it is starting a four-year cost-reduction plan.
Second-quarter losses widened to $345 million, or 41 cents per share, compared with $272 million, or 32 cents per share, in losses. But revenue rose 53 percent to $493 million from $322 million.
A service of YellowBrix, Inc.
