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TVA had net gain of $54 million in second quarter

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KNOXVILLE, Tenn. (AP) — The Tennessee Valley Authority on Friday reported a net income of $54 million in its second fiscal quarter, compared to a net loss of $94 million in the same quarter of 2012. "We ended the second quarter 2013 essentially on plan," TVA President and CEO Bill Johnson said. "More normal weather had a favorable impact, as did employee efforts to reduce costs. We are focused...

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