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Stock Market & Financial Investment News

News Breaks
August 20, 2014
16:10 EDTDUKDuke Energy continues to make progress cleaning up Ohio River oil spill
Duke Energy continues to make major progress cleaning up an overnight spill on August 18, of approximately 3,000 to 5,000 gallons of fuel oil into the Ohio River at W.C. Beckjord Station, 20 miles southeast of Cincinnati. The company is working closely with the U.S. EPA, U.S. Coast Guard, Ohio EPA, Ohio Department of Natural Resources, Kentucky Department for Environmental Protection and local agencies in response to the spill. Cleanup operations continue around-the-clock. Significant amounts of oil are being reclaimed from strategically placed oil-containment booms, skimmers and vacuums used to collect the oil. The incident occurred shortly after 11 p.m. Monday during a fuel oil transfer at the plant on the banks of the Ohio River in New Richmond, Ohio. A unified command center began operations at the station site early on August 19 to coordinate all recovery operations and will continue until the oil cleanup is complete. The U.S. EPA indicates that recovery of oil will continue through today, possibly tomorrow. Greater Cincinnati Water Works and Northern Kentucky Water District have resumed normal operations as water intakes are now open. At no point was drinking water affected. Water samples and air monitoring continue along the affected areas.
News For DUK From The Last 14 Days
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February 23, 2015
07:37 EDTDUKCredit Suisse to hold a summit
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February 20, 2015
16:23 EDTDUKDuke Energy, U.S. reach proposed agreement on Dan River coal ash spill
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February 18, 2015
10:41 EDTDUKDuke Energy sees 2013-2019 CAGR growth of 6%
Sees 2015-2017 long term retail load growth of approximately 1%. The company believes 2018 and 2019 earnings growth drivers include base rate case activity in the Carolinas, retail load growth, regulated grid and generation investments, and commercial investments.
10:40 EDTDUKDuke Energy sees FY16 CapEx $9.8B, FY17 CapEx $8B
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10:39 EDTDUKDuke Energy sees FY15 retail load growth of 0.5%-1%
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07:08 EDTDUKDuke Energy in settlement discussions with U.S. related to Dan River spill
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07:08 EDTDUKDuke Energy to own, operate business to access $2.7B in foreign earnings
The company has completed a strategic review of its International Energy business. As a result, Duke Energy will continue to own, operate and create value with the business. Additionally, a plan has been developed giving the company access to $2.7 billion in foreign earnings through 2022. Reported results for the quarter include a $373 million, or 53c per share, tax charge resulting from this plan. This charge has been excluded from the company's adjusted diluted EPS results for 2014.
07:08 EDTDUKDuke Energy targets long-term adjusted EPS growth of 4%-6% through 2017
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07:08 EDTDUKDuke Energy sees FY15 adjusted EPS $4.55-$4.75, consensus $4.76
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07:08 EDTDUKDuke Energy reports Q4 adjusted EPS 86c, consensus 88c
Reports Q4 operating revenue $5.20B, compared to $5.14B a year ago.
05:07 EDTDUKDuke Energy making progress restoring power caused by winter storm
Damage assessment efforts have gone well and crews continue to restore power to Duke Energy customers affected by this week's winter storm. Currently, more than 1,800 line personnel, supported by thousands of additional resources, are working on the restoration effort. As of early this evening, power had been restored to nearly 150,000 customers. Additional icing and the rebound effect of thawing tree limbs on power lines today caused additional outages. Road conditions also affected crews' ability to safely assess and restore power in some areas. The company expects to have storm-related outages restored by late Wednesday evening. However, most customers will be restored sooner. There may be isolated, scattered outages remaining beyond this time, depending on individual cases. Based on the estimated time of restoration, families who have special medical needs or elderly members should consider making alternate arrangements as needed.

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