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Pepco Holdings Inc. (NYSE:POM) announced this morning that its 4Q earnings fell 39 percent as weather conditions damaged retail, commercial and industrial sales. Pepco earned $41 million, or 18 cents per share, compared with a year-ago profit of $67 million, or 32 cents per share.
For the full year, profit fell to $235 million, or $1.06 per share, compared with $300 million, or $1.47 per share in 2008.
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