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DTE Energy Increases 2009 Earnings Guidance.

Publication: Energy Weekly News
Publication Date: 06-NOV-09 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
DTE Energy (NYSE:DTE) announced increased earnings guidance for 2009 as the company's continuous improvement program, one-time cost reductions, strong results from its non-utility operations and holding company tax benefits have contributed to stronger performance.

The company cautioned, however, that its Detroit Edison and MichCon utilities continue to face a challenging economic environment.

DTE Energy officials said at the company's analyst meeting that 2009 operating earnings per share are expected in the $3.20 to $3.40 range, up from the...

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