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Stock Market & Financial Investment News

News Breaks
January 6, 2014
10:24 EDTDUK, TWCDuke Energy completes sale of DukeNet to Time Warner Cable
Duke Energy (DUK) disclosed in a filing that on December 31, 2013, the corporation, together with Alinda Telecom, completed the sale of 100% of their respective ownership interests in DukeNet Communications, a regional fiber optic network company, to Time Warner Cable (TWC). Following the repayment of existing DukeNet indebtedness at closing, transaction expenses and other purchase price adjustments, the Corporationís cash proceeds from the sale of its 50% ownership interest in DukeNet totaled approximately $215M. The corporation will treat the resulting gain as a special item, and will exclude it from its adjusted diluted earnings per share, Duke said. The agreement to sell DukeNet was previously disclosed by the corporation on October 7, 2013.
News For DUK;TWC From The Last 14 Days
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September 23, 2014
08:09 EDTDUKDuke-American, Dresser-Rand propose $8B energy initiative
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September 22, 2014
09:06 EDTDUKDuke Energy plans to construct and own solar facilities up to 128MW of capacity
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September 17, 2014
07:36 EDTDUKWolfe Research to hold a conference
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September 16, 2014
13:50 EDTTWCComcast says will reveal capital plan at close of Time Warner Cable deal
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13:40 EDTTWCComcast says still expects Time Warner Cable deal to close in 2015
13:38 EDTTWCComcast says 'everything on track' with Time Warner Cable deal
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11:42 EDTTWCTime Warner Cable sees Comcast deal closing early FY15
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09:59 EDTDUKOn The Fly: Analyst Upgrade Summary
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07:27 EDTTWCBofA/Merrill to hold a conference
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05:33 EDTDUKDuke Energy upgraded to Outperform from Market Perform at Wells Fargo
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September 15, 2014
14:01 EDTDUKDuke Energy signs O&M agreement with Pattern Energy
Duke Energy Renewable Services announced it has signed a long-term agreement to service Pattern Energy Group Inc.'s 283-megawatt Gulf Wind energy project in Armstrong, Texas. Duke Energy Renewable Services will supply operations and maintenance services for three years, beginning in November, with an option for a two-year extension.
09:02 EDTDUKDuke Energy commits $500M to North Carolina solar power expansion
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September 11, 2014
13:06 EDTTWCDeal probe expanded to AT&T, DirecTV agreement, Reuters says
The state attorneys general who are collaborating with the U.S. Justice Department to figure out if Comcast's (CMCSA) purchase of Time Warner Cable (TWC) is permissible have broadened their probe to also incorporate AT&T's (T) potential acquisition of DirecTV (DTV), according to Reuters, citing sources close to the merger investigation. Reference Link
September 10, 2014
11:50 EDTTWCComcast sees Time Warner Cable deal closing in early 2015
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10:26 EDTTWCDiscovery CEO says likes doing deals with Netflix, Amazon
CEO David Zaslav says Comcast (CMCSA)/Time Warner Cable (TWC) deal "presents some serious issues," is talking to FCC about deal. Says will be opportunistic with international acquisitions, but "We don't feel like we need to acquire anything at this point." Says has more subscribers than ESPN with Europsport. Comments made at the Goldman Sachs Communacopia Conference.
10:00 EDTTWCOn The Fly: Analyst Initiation Summary
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06:04 EDTTWCTime Warner Cable initiated with a Buy at Canaccord
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September 9, 2014
08:47 EDTDUKDuke Energy management to meet with Deutsche Bank
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07:44 EDTTWCComcast price target raised to $72 from $60 at UBS
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07:17 EDTTWCThe Wireless Association to hold a conference
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