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EON Will Lose Millions After Trader’s ‘Irregularities’ – BusinessWeek

EON Will Lose Millions After Trader's 'Irregularities'
EON's losses follow money-losing bets in financial markets in the past year which hurt banks including JPMorgan Chase & Co. and UBS AG. The utility's trading and optimization unit's earnings before interest and tax were 125 million euros ($157 million)

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