Duke Energy Corporation

Constellation, FPL unveil $11.5 billion merger plan

2005-12-20 00:00:00

After Mayo A. Shattuck III and Lewis Hay III began meeting last spring to discuss a merger of the power companies they lead, they described their talks as "Project NASCAR." Shattuck's Constellation Energy Group Inc. in Baltimore was code-named "Chevy" and...

Jobless recovery is good for many firms

2003-12-01 00:00:00

The economy roared last quarter, and so did Falcon Plastics Inc. A family owned firm in the eastern South Dakota city of Brookings, Falcon posted record sales in September. Yet there's no impulse to celebrate, no rush to hire. The bad times are still too...

Analysts' tougher ratings taking toll

2002-10-14 00:00:00

Be careful what you wish for -- at least on Wall Street. Stock analysts, under siege for their perceived lack of forthrightness, now are downgrading shares and issuing outright "sell" recommendations at a much higher clip. Trouble is, their growing...

TEXT-Fitch rates Carolina Power & Light mortgage bonds

2012-05-15 13:55:08

May 15 - Fitch Ratings has assigned an 'A+' rating to Carolina Power and Light Co.'s, DBA Progress Energy Carolinas, Inc. (PEC), $1 billion dual tranche debt offering comprised of a $500 million, 2.8% first mortgage bonds due May 15, 2022 and $500...

US Midwest power upgrades to be challenging, costly -study

2012-05-11 11:47:03

* More than 30 GW of coal power to shut nationwide * MISO could lose 12-19 GW of coal power in a few years By Scott DiSavino May 11 (Reuters) - Energy companies in the U.S. Midwest will face significant costs and challenges to either upgrade their...

RPT-North Carolina may hand setback to gay marriage push

2012-05-06 11:06:05

(Repeats for wider audience; story unchanged) * Polls show gay marriage ban has good chance of passing * Bank of America, Duke Energy executives oppose ban By Wade Rawlins RALEIGH, N.C., May 5 (Reuters) - Efforts to legalize gay marriage have met...

N.C. voting on restrictive marriage amendment

2012-05-06 00:00:00

PITTSBORO, N.C. -- With voting already under way for Tuesday's primary in this moderate Southern state, the discourse has been dominated not by candidates, but by a bitterly contested measure known as Amendment 1. If approved, it would be among the most...

Progress Florida Levy reactors closer to license

2012-04-30 08:46:04

By Scott DiSavino April 30 (Reuters) - U.S. regulators have signed off on an environmental review for two new nuclear reactors that Progress Energy Inc hopes to build at Levy County on Florida's west coast. The U.S. Nuclear Regulatory Commission (NRC)...

Duke Energy customers to absorb Edwardsport Plant's $700K overage

2012-04-30 19:17:00

The cost of a new Duke Energy plant is coming in way over budget and that's driving up the price of your energy bill. The Edwardsport Coal Plant has been under construction since 2007. Duke set a cost ceiling at $2.6 million but the estimated cost is now...

TEXT-S&P comments on Duke Energy Indiana

2012-05-01 12:33:06

May 1 - Standard & Poor's Ratings Services said today that the settlement agreement reached by Duke Energy Indiana Inc. (A-/Stable/A-2) and intervenors in the proceedings regarding the cost recovery for the Edwardsport coal gasification power plant, while...

Progress says Florida Levy reactors delayed, cost up

2012-05-02 08:23:03

* First reactor delayed to 2024 from 2021 * Cost estimate up to $19 billion-$24 billion * NRC expected to issue license in 2013 to build Levy By Scott DiSavino May 2 (Reuters) - U.S. power company Progress Energy Inc's Florida utility has delayed...

Duke Energy profit drops on charge, warm weather

2012-05-04 04:22:03

May 4 (Reuters) - Duke Energy Corp posted a drop in first-quarter profit on Friday, hurt by charges from a power generation project and the warm winter weather. Net income fell to $295 million, or 22 cents per share, from $511 million, or 38 cents per...

Duke Energy

2010-03-02 00:00:00

Duke Energy Power Outages Map

2009-03-02 00:00:00

President Barack Obama , at the time the presumptive Democratic presidential candidate, speaks to attendees at the 99th annual convention of the NAACP in Cincinnati, Ohio.

2008-07-14 00:00:00