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Stock Market & Financial Investment News

News Breaks
June 16, 2014
18:06 EDTDUKDuke Energy: North Carolina coal plants 'safe and performing as designed'
Duke Energy announced that the company has completed ash basin related pipe inspections at its North Carolina coal plants and shared those results with the North Carolina Department of Environment and Natural Resources. The third-party inspections demonstrate that the infrastructure is safe and performing as designed, but some areas of water infiltration were identified. Based on this assessment, the company is already developing engineering plans to repair or close certain pipes and to continue monitoring the others. Following the Dan River incident in February, the company engaged outside engineering firms to conduct inspections of pipes at its active and retired coal plants. "Our highest priority remains the safe operation of our facilities and the health and well-being of the communities and customers we serve," said Lynn Good, Duke Energy president and CEO. "These pipe inspections, and the steps we're taking to address any issues, demonstrate our ongoing commitment to safely managing coal ash at all of our basins." In a news release today NCDENR confirmed "State officials did not identify any imminent public health or safety hazards..." The agency issued eight Notices of Deficiency and requested engineering assessments and repair plans for pipes at Marshall Steam Station in Catawba County, Riverbend and Allen Steam Stations in Gaston County, Buck Steam Station in Rowan County and Cliffside Steam Station in Rutherford and Cleveland counties. In addition, NCDENR issued three inspection letters requesting additional information on pipes where no leaks were detected at the Buck, Riverbend and Marshall Steam Stations. "We will continue working with the agency to secure the necessary permits to carry out our work and will continue to be responsive to state officials as we all address this important issue for North Carolina," said Good.
News For DUK From The Last 14 Days
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April 22, 2015
10:02 EDTDUKOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Alcoa (AA) initiated with a Neutral at Cleveland Research... American Electric (AEP) initiated with a Neutral at Guggenheim... American Water (AWK) initiated with a Buy at Guggenheim... Anadarko (APC) initiated with a Buy at Nomura... Apache (APA) initiated with a Reduce at Nomura... Associated Banc Corp (ASB) initiated with a Market Perform at Wells Fargo... Cabot Oil & Gas (COG) initiated with a Neutral at Nomura... Canadian Natural (CNQ) initiated with a Buy at Nomura... Cenovus Energy (CVE) initiated with a Reduce at Nomura... Chesapeake (CHK) initiated with a Reduce at Nomura... Cimarex Energy (XEC) initiated with a Neutral at Nomura... Communications Sales & Leasing (CSAL) initiated with an Overweight at Stephens... Concho Resources (CXO) initiated with a Buy at Nomura... Consolidated Edison (ED) initiated with a Neutral at Guggenheim... Continental Resources (CLR) initiated with a Buy at Nomura... DTE Energy (DTE) initiated with a Buy at Guggenheim... Denbury Resources (DNR) initiated with a Reduce at Nomura... Depomed (DEPO) initiated with an Overweight at Piper Jaffray... Devon Energy (DVN) initiated with a Neutral at Nomura... Dominion (D) initiated with a Buy at Guggenheim... Duke Energy (DUK) initiated with a Buy at Guggenheim... EOG Resources (EOG) initiated with a Buy at Nomura... Edison International (EIX) initiated with a Neutral at Guggenheim... Encana (ECA) initiated with a Buy at Nomura... Entergy (ETR) initiated with a Neutral at Guggenheim... Eversource (ES) initiated with a Buy at Guggenheim... Exelon (EXC) initiated with a Buy at Guggenheim... FirstEnergy (FE) initiated with a Neutral at Guggenheim... Great Plains Energy (GXP) initiated with a Buy at Guggenheim... Hess Corp. (HES) initiated with a Neutral at Nomura... Marathon Oil (MRO) initiated with a Buy at Nomura... Media General (MEG) initiated with a Neutral at Nomura... Medley Capital (MCC) initiated with a Buy at Janney Capital... Murphy Oil (MUR) initiated with a Neutral at Nomura... Newfield Exploration (NFX) initiated with a Buy at Nomura... Newtek Business Services (NEWT) initiated with a Neutral at Ladenburg... NextEra Energy (NEE) initiated with a Buy at Guggenheim... Noble Energy (NBL) initiated with a Reduce at Nomura... Oasis Petroleum (OAS) initiated with a Neutral at Nomura... PG&E (PCG) initiated with a Neutral at Guggenheim... PPL Corp. (PPL) initiated with a Buy at Guggenheim... PSEG (PEG) initiated with a Buy at Guggenheim... Pernix Therapeutics (PTX) initiated with an Overweight at Piper Jaffray... Pinnacle West (PNW) initiated with a Neutral at Guggenheim... Pioneer Natural (PXD) initiated with a Buy at Nomura... RSP Permian (RSPP) initiated with a Buy at Wunderlich... Range Resources (RRC) initiated with a Buy at Nomura... STMicroelectronics (STM) initiated with a Buy at Craig-Hallum... Southern Company (SO) initiated with a Neutral at Guggenheim... Southwestern Energy (SWN) initiated with a Neutral at Nomura... Starz (STRZA) initiated with a Sector Perform at FBN Securities... Stellus Capital (SCM) initiated with a Neutral at Janney Capital... Suncor (SU) initiated with a Buy at Nomura... TECO Energy (TE) initiated with a Neutral at Guggenheim... Tribune Media (TRCO) initiated with a Hold at Jefferies... Ultra Petroleum (UPL) initiated with a Neutral at Nomura... Whiting Petroleum (WLL) initiated with a Neutral at Nomura... Zogenix (ZGNX) initiated with an Overweight at Piper Jaffray... bluebird bio (BLUE) initiated with a Buy at Maxim.
09:03 EDTDUKDuke Energy ramping up construction at three North Carolina solar sites
Duke Energy reported that additional workers are arriving and construction activities are ramping up at three company-owned solar facilities, part of its $500M commitment to solar energy in North Carolina. The facilities in Bladen, Duplin and Wilson counties are expected to be in service by the end of the year.
06:59 EDTDUKDuke Energy initiated with a Buy at Guggenheim
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April 16, 2015
09:05 EDTDUKDuke Energy and Camp Lejeune receive approval for solar project
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April 15, 2015
10:36 EDTDUKBofA/Merrill U.S. credit analysts hold an analyst/industry conference call
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