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Stock Market & Financial Investment News

News Breaks
February 7, 2014
17:54 EDTDUKDuke Energy pledges to take care of Dan River, surrounding areas
Duke Energy pledged to take care of the Dan River and its surrounding environment as the company continues to address the coal ash release that began several days ago at the company's Dan River power plant in Eden, N.C. The company says ongoing water sampling results from Duke Energy demonstrate that water quality continues to improve downstream of the spill site. The company's results are consistent with sampling being performed by the North Carolina Department of Environment and Natural Resources. The release stems from a broken 48-inch stormwater pipe under one of the power plant's ash basins. The break, discovered last Sunday, allowed ash and water from the basin to flow into the river. Duke Energy also said its designing a long-term river cleanup plan in close coordination with federal and state environmental agencies, including the U.S. Environmental Protection Agency, the U.S. Fish and Wildlife Service and NCDENR.
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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