NRG Energy (NRG +1.8%) moves up despite a 60% Y/Y drop in Q2 earnings as the power producer...

|About: NRG Energy, Inc. (NRG)|By:, SA News Editor

NRG Energy (NRG +1.8%) moves up despite a 60% Y/Y drop in Q2 earnings as the power producer swung to a loss in its Texas generation business. Profits came in higher than expected, retail sales and customer count were up, and NRG declared its first-ever quarterly dividend. NRG says construction on its $2.2B solar thermal project has reached the halfway mark.