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Stock Market & Financial Investment News

News Breaks
February 7, 2014
05:10 EDTDUKDuke Energy reports water quality continuing to improve at Dan River station
Test results from water samples analyzed by Duke Energy demonstrate that water quality continues to improve downstream of the Dan River Steam Station. On Sunday, a break in a stormwater pipe beneath the ash basin caused a release of ash basin water and ash into the river. Drinking water supplies remain safe. Tonight, the North Carolina Department of Natural Resources (DENR) released sampling results for a number of water quality parameters and the results are consistent with the analysis performed by Duke Energy. The company continues to work closely with local communities, the state of North Carolina, the United States Environmental Protection Agency and the U.S. Fish and Wildlife Service to share its sampling results for comparison with their analysis. Flows to the river decreased again and work to reach the location of the broken pipe continues. Between 3,000 and 5,000 tons of rock will be used to build the ramp into the basin.
News For DUK From The Last 14 Days
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December 10, 2014
14:22 EDTDUKDuke Energy accelerating ash basin closure planning across fleet
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09:09 EDTDUKDuke Energy receives FERC approval for NCEPA assets purchase
Duke Energy has received approval from the Federal Energy Regulatory Commission to proceed with plans to purchase the North Carolina Eastern Municipal Power Agency's generating assets. The ruling is an important milestone of the approximately $1.2B transaction with NCEMPA, announced July 28. NCEMPA currently maintains partial ownership interest in several Duke Energy Progress plants.
07:45 EDTDUKWells Fargo to hold a symposium
2014 Wells Fargo Energy Symposium is being held in New York on December 9-10; with webcasted company presentations to begin on December 10 at 8 am; not all company presentations may be webcasted. Webcast Link
December 9, 2014
10:23 EDTDUKOn The Fly: Analyst Downgrade Summary
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08:00 EDTDUKDuke Energy downgraded to Neutral from Outperform at Macquarie
Macquarie downgraded Duke Energy to Neutral from Outperform, citing a lack of limited upside in the near term and the belief that a review of the company's international assets is unlikely to result in asset sales or cash transfers into the U.S. The firm, however, raised its price target on the stock to $84 from $79.
December 8, 2014
12:35 EDTDUKDuke Energy receives approval from NCUC to build three solar facilities
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