** Shares of utility firm Talen Energy TLN.O up 1.4% at $204.66
** Company, on Thursday, reported an increase in its annual profit, helped by lower operating and energy expenses
** TLN reported net income attributable to stockholders of $998 million, compared to $613 million a year ago
** Company also reported operation, maintenance and development expenses of $592 million, compared to $643 million a year earlier
** Energy expenses fell to $797 million from $867 million a year ago
** Including session's moves, shares up 1.67% YTD
(Reporting by Katha Kalia)
((Katha.Kalia@thomsonreuters.com))
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