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Energy Transfer Equity tops 4Q profit forecasts

DALLAS (AP) _ Energy Transfer Equity L.P. (ETE) on Wednesday reported fourth-quarter earnings of $314 million.

On a per-share basis, the Dallas-based company said it had net income of 30 cents. Earnings, adjusted for asset impairment costs, were 62 cents per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks...