Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
SPOKANE, WA–(Marketwired – Nov 6, 2013) – Avista Corp. (NYSE:AVA) today reported net income attributable to Avista Corp. shareholders of $11.4 million, or $0.19 per diluted share, for the third quarter of 2013, compared to $5.8 million, or $0.10 per diluted share for the third quarter of 2012. For the nine months ended Sept. 30, 2013, net income attributable to Avista Corp. shareholders was $79.4 million, or $1.32 per diluted share, compared to $62.4 million, or $1.06 per diluted share for the nine months ended Sept. 30, 2012.
