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Stock Market & Financial Investment News

News Breaks
February 17, 2014
13:12 EDTDUKDuke Energy initiates process to exit Midwest commercial generation business
Duke Energy has initiated a strategic process to exit its Midwest commercial generation business, which includes ownership interests in 13 power plants. The Midwest generation business includes 13 power plants with a total capacity of approximately 6,600 megawatts. These plants are owned or partially owned by Duke Energy Ohio and reported in the company's Commercial Businesses unit. Redeployment of any Midwest generation sale proceeds is expected to be accretive. As a result of this announcement, the company will take an estimated pre-tax impairment charge of $1B to $2B in the first quarter of 2014. This impairment will be treated as a special item and excluded from Duke Energy's adjusted diluted earnings per share results.
News For DUK From The Last 14 Days
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August 21, 2015
17:29 EDTDUKPJM releases results for 2018-2019 PJM Interconnection capacity auction
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August 20, 2015
10:01 EDTDUKDuke Energy seeks proposals for solar in South Carolina
Duke Energy issued a request for proposals for about 53 megawatts of utility-scale solar capacity to be in-service in its South Carolina service areas by the end of 2016. In a separate RFP, the company seeks up to 5 megawatts of solar capacity for its Shared Solar Program, an innovative offer that will allow multiple customers to subscribe to the output of a specific solar facility and share in the economic benefits of the power produced. Projects should be greater than 250 kilowatts and no more than 1 megawatt of capacity. The company anticipates the Shared Solar Program will be particularly attractive to customers who want to receive the benefits of renewable energy but may not be able to install solar on their premises, such as renters or those who live in multi-family housing.
August 17, 2015
18:28 EDTDUKDuke Energy says constituents found in water samples occur naturally
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August 13, 2015
12:02 EDTDUKBoeing names Duke Energy CEO Lynn Good to board of directors
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