01/08/2002
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CMS Energy stock down on lower earnings estimates
Stock in CMS Energy Corp. opened 3.74% lower Tuesday after the Dearborn, Mich., energy holding company Monday said 2001 earnings would be about 35¢/share below previous projections. CMS blamed warmer than normal fourth quarter weather, lower gas and electric sales, maintenance costs, and increased electric distribution repair costs due to storm damage.