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Stock Market & Financial Investment News

News Breaks
February 14, 2014
06:11 EDTDUKDuke Energy likely to exit Ohio after rate decision, says Citigroup
Citigroup believes Duke Energy is likely to exit the Ohio merchant generation market after the Ohio Public Utilities Commission denied the company's request for a rate increase. Citi believes Duke could sell its Ohio assets, retire the fleet or some combination of the two. It believes an exit from Ohio would be a positive catalyst for shares and keeps a Buy rating on Duke Energy with a $77 price target.
News For DUK From The Last 14 Days
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January 22, 2015
10:02 EDTDUKDuke Energy to build 13-megawatt solar facility at Camp Lejeune
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January 19, 2015
10:59 EDTDUKFERC requests additional information to process Dynegy acquisitions applications
Dynegy (DYN) announced that the Federal Energy Regulatory Commission, FERC, issued a letter requesting additional information to process the applications filed with FERC on September 11 for approval of Dynegy’s acquisition of Duke Energy Midwest Generation (DUK) assets and retail business and EquiPower Resources and Brayton Point Holdings assets. The company plans to respond fully within the 30-day period however, due to this request for additional information, we do not expect the transactions to close by the end of the first quarter 2015. Dynegy, Duke and Energy Capital Partners remain committed to closing the transactions as quickly as possible. The only regulatory approval remaining is from FERC.

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