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Emera Inc.

03:59 PM EST - Emera Inc. : reported fourth-quarter net income of $25.3 million or $0.23 per share, compared to $36.6 million or $0.33 per share in the prior-year quarter. The company noted that its quarterly earnings were lower largely due to higher fuel costs. Revenues for the fourth quarter declined to $337.3 million from $343.9 million in the previous year quarter. Emera Inc. shares T.EMA are trading down $0.49 at $21.50.