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Just Energy Group latest news:
BRIEF-Just Energy expands international footprint with launch into Japan
* Just Energy expands international footprint with launch
U.S. Justice pledges to prosecute activists who damage pipelines
The U.S. Department of Justice on Friday pledged to prosecute protesters who damage oil pipelines and other energy infrastructure, a decision that could escalate tensions between climate activists and the administration of President Donald Trump. The DOJ said it was committed to vigorously prosecuting those who damage "critical energy infrastructure in violation of federal law."
BRIEF-Just Energy reports qtrly sales of $851.9 million
* Just Energy Group Inc qtrly sales of $851.9 million,
lower than prior comparable quarter
U.S. Justice Dept ends probe of Chesapeake mineral royalty practices
Nov 2 (Reuters) - The U.S. Department of Justice ended a
three-year probe of Chesapeake Energy Corp's royalty
payment and land purchase practices without taking action, the
natural gas producer said in a securities filing on Thursday.
GE's stock falls after first profit miss in 2 1/2 years
Shares of General Electric Co. dropped 3.7% in premarket trade Friday, after the industrial conglomerate reported third-quarter profit that missed expectations, the first such miss in 2 1/2 years. Net income slipped to $1.80 billion, or 21 cents a share, from $1.99 billion, or 22 cents a share, in the same period a year ago. Excluding non-recurring items, adjusted earnings per share came to 29 cents, missing the FactSet consensus of 49 cents. GE hasn't missed EPS expectations since the first quarter of 2015. Revenue increased 14% to $33.47 billion from $29.27 billion, beating the FactSet consensus of $32.51 billion. Revenue from GE's power, oil & gas, aviation, healthcare and transportation business topped expectations, while renewable energy revenue fell short. "This was a very challenging quarter," said Chief Executive John Flannery, in his first quarterly report in charge. "While a majority of our businesses had solid earnings performance, this was offset by a decline in Power performance in a difficult market." The stock has tumbled 25.4% year to date through Thursday, while the Dow Jones Industrial Average has gained 17.2%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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