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TransAlta: 2Q Earnings Snapshot

CALGARY, Alberta (AP) _ TransAlta Corp. (TAC) on Friday reported a loss of $43.3 million in its second quarter.

On a per-share basis, the Calgary, Alberta-based company said it had a loss of 16 cents.

The power generation and marketing company posted revenue of $315.3 million in the period.

TransAlta shares have declined 9% since the beginning of the year. The stock has risen 6% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TAC at https://www.zacks.com/ap/TAC

The Associated Press

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