International Power plc (IPR,IPR.L) in its interim management statement said it now expects 2009 EPS to be broadly in line with 2008, and free cash flow to be significantly ahead of last year.
The company said that the US merchant markets remain challenging due to weak gas prices and lower demand. As a result, in Texas the company now expects 2009 spreads and load factors to be marginally down on the guidance given at its Interim Results on 11 August 2009. However, expected 2009 spreads and load factors in New England remain in line with the company's previous guidance.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.