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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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September 26, 2014
09:36 EDTDUKDuke Energy management to meet with JPMorgan
Meetings to be held in Boston on September -October 1 hosted by JPMorgan.
September 23, 2014
09:13 EDTDUKHelioSage Energy sells 40MW solar PV project to Duke Energy First Solar
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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
09:59 EDTDUKOn The Fly: Analyst Upgrade Summary
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05:33 EDTDUKDuke Energy upgraded to Outperform from Market Perform at Wells Fargo
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