Canadian power company TransAlta Corp.'s (TAC,TA.TO) fourth-quarter 2011 funds from operations slid to C$189 million or C$0.84 per share from C$234 million or C$1.06 per share in the 2010 period, hurt by lower cash earnings in the quarter.
Comparable earnings amounted to C$29 million or C$0.13 per share, significantly lower than prior year's C$80 million or C$0.36 per share, with quarterly net earnings attributable to common shareholders plunging to C$24 million or C$0.11 per share from C$92 million or C$0.42 per share last year.
Revenue decreased to C$701 million from C$779 million in the comparable period a year ago.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.