affirms its BBB+ corporate credit rating, citing success in addressing challenges after the close of its merger with Progress Energy . DUK's efforts have mitigated business risk, strengthened its credit profile, and materially reduced the likelihood
the quarter, Duke Energy Progress reached a settlement with ..... ruling in line with Duke Energy Progress ’ settlement. In Ohio, Duke ..... share dilution due to the Progress Energy acquisition, partially offset ..... 35 per share impact from Progress ’ regulated operations
several challenges to integrating Progress Energy 's operations, mainly meeting ..... States, following its merger with Progress Energy . The company now must focus ..... minimum. Following its merger with Progress Energy in 2012, Duke's regulated
Energy; and Duke Energy DUK (rating: BBB+) and Progress Energy . Additionally, independent power producer NRG Energy ..... more conservative peers, but it has made significant progress over the past year. Nonperforming assets/total assets
had requested a 10.95% allowed return on equity and a $151.5 million rate increase. We expect the company's Progress Energy Carolinas subsidiary to file a rate case in South Carolina later this year.
Duke Energy DUK reached a settlement agreement with the North Carolina Public Staff regarding Progress Energy Carolinas' October 2012 rate case filing. The agreement, which needs North Carolina Utilities Commission approval, allows for
More on Duke Energy ( DUK -1.15% ) Q4 : net profit jumps 51% to $435M, boosted by the acquisition of Progress Energy last year. 2012 operating revenue +35% to $19.62B. Q4 profit breakdown: U.S. franchised gas & electric
Feb 13 (Reuters) - Duke Energy Corp, the largest power company in the United States, reported higher net income on Wednesday in its second quarterly report since its merger with Progress Energy .
international units. USFEG benefited from the addition of Progress Energy 's regulated Carolina and Florida operations, as ..... calendar with the company filing rate cases for both Progress Energy Carolinas and Duke Carolinas, which should shed light
Feb 5 - Duke Energy Corp.'s (DUK) decision to retire the Crystal River 3 nuclear unit (CR 3), owned by subsidiary Progress Energy Florida (PEF), has no immediate impact on PEF's ratings and Rating...