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Duke Energy Corp

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  • RALEIGH, N.C.— Duke Energy Corp. CEO Lynn Good is getting a raise a year after the country's largest electric company confronted a coal ash spill that coated 70 miles of a North Carolina river in sludge containing toxic heavy metals, the company said in a regulatory filing Monday. Duke Energy's board of directors approved raising Good's annual salary by $50,000...

  • Coal stocks rise on Supreme Court emissions ruling Monday, 29 Jun 2015 | 11:31 AM ET

    Shares of Consol Energy Inc. rose 2 percent to $22.83; Alpha Natural Resources Inc. rose 4 percent to 34 cents; Peabody Energy Corp. and Arch Coal Inc. jumped 9 percent. Walter Energy Inc. spiked 23 percent to 24 cents. Utilities also picked up steam, with Southern Co. gaining 48 cents to $42.38, Duke Energy Corp. up 56 cents to $71.56 and NextEra Energy Inc. up 62...

  • Virginia OKs $2.5M coal ash spill settlement with Duke Thursday, 25 Jun 2015 | 2:50 AM ET

    RICHMOND, Va.— Virginia agreed Thursday to a $2.5 million settlement with Duke Energy for a February 2014 spill of coal ash in North Carolina that floated down the Dan River, depositing tons of the toxic stew into the city of Danville's waterfront and beyond. The State Water Control Board sided unanimously with the Virginia Department of Environmental Quality...

  • CHARLOTTE, N.C.— Duke Energy plans to excavate and move coal ash from a dozen more waste ponds in North Carolina, the company said Tuesday, as it works to excavate or safely close pits seeping millions of gallons of contaminated wastewater each day. Duke Energy says if regulators approve, it now plans to excavate coal ash from 20 of its 32 North Carolina pits.

  • *Norway coal sales to affect up to $5 bln investment. OSLO, May 28- Norway's $900 billion wealth fund may have to sell its stakes in up to 75 companies once new rules for limiting coal investments go into effect in a radical shift meant to lessen the impact of climate change, officials said on Thursday. Environmental group Greenpeace predicted the fund would have to...

  • OSLO, May 27- Norway's $900 billion sovereign wealth fund, the world's largest, should cut its exposure to the global coal industry and sell stakes in firms that focus on the sector, a key parliamentary committee said on Wednesday. Already under pressure from Norway's political establishment, the fund has been selling down its coal portfolio and said its...

  • May 19- Duke Energy Corp, the largest U.S. power company by generation capacity, said it would invest $1.1 billion to retire a coal-powered power plant in North Carolina and build a natural gas plant at the site over four to five years. Duke last week pleaded guilty to environmental crimes over a North Carolina power plant's coal ash spill and management of coal ash...

  • May 19- Duke Energy Corp, the largest U.S. power company by generation capacity, said it would invest $1.1 billion to convert a coal-powered power plant in North Carolina into a natural gas plant over four to five years. Duke will retire the 376 megawatt coal plant in Asheville and spend about $750 million to build a 650 MW natural gas-fired power plant, the company...

  • RALEIGH, N.C., May 14- Duke Energy Corp pleaded guilty on Thursday to environmental crimes over a North Carolina power plant's coal ash spill into a river and management of coal ash basins in the state, U.S. prosecutors said. The plea entered in federal court in Greenville, North Carolina, by the country's largest utility owner was expected under a settlement with...

  • RALEIGH, N.C., May 14- Duke Energy Corp pleaded guilty on Thursday to environmental crimes over a North Carolina power plant's coal ash spill into a river and management of coal ash basins in the state, U.S. prosecutors said. The plea entered in federal court in Greenville, North Carolina, by the country's largest power company by generation capacity was expected as...

  • *Tech stocks rise, with Microsoft leading gains. May 13- Wall Street was little changed in afternoon trading on Wednesday, paring early gains, as a flurry of deals failed to make up for tepid economic data. "We are seeing some evidence that the weakness in the first-quarter has spilled over to this quarter, but I'm not concerned that U.S. consumer spending for the year...

  • *Macy's, Ralph Lauren down after results. *Tech stocks rise, with Microsoft leading gains. May 13- Wall Street pared early gains in choppy trading as tepid economic data and a renewed selloff in the bond market more than offset a flurry of corporate deals on Wednesday.

  • Duke, which sells power to 7.3 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, said adjusted income in its regulated power business rose 5 percent to $774 million. Net income attributable to Duke was $864 million, or $1.22 per share, in the first quarter ended March 31, compared with a loss of $97 million, or 14 cents per share, a...

  • Duke Energy profit helped by unusually cold weather Friday, 1 May 2015 | 7:19 AM ET

    May 1- Duke Energy Corp, the largest U.S. power company by generation capacity, reported a quarterly profit as exceptionally cold winter weather boosted electricity demand. Net income attributable to Duke was $864 million, or $1.22 per share, in the first quarter ended March 31, compared with a loss of $97 million, or 14 cents per share, a year earlier.

  • Stocks entering May with low expectations Friday, 1 May 2015 | 6:19 AM ET
    A trader works on the floor of the New York Stock Exchange.

    Stocks typically score gains about half the time in the month of May. That compares to positive returns 75 percent of the time in April.

  • Stocks entering May with low expectations Thursday, 30 Apr 2015 | 7:12 PM ET
    A trader works on the floor of the New York Stock Exchange.

    Stocks typically score gains about half the time in the month of May. That compares to positive returns 75 percent of the time in April.

  • Why the S&P could break out this week Monday, 27 Apr 2015 | 7:12 AM ET
    Traders work on the floor of the New York Stock Exchange.

    As the Fed meets and earnings news rains down, the big question in the week ahead is whether the S&P 500 can manage a break out.

  • Bulls sniffing out an S&P breakout Monday, 27 Apr 2015 | 6:00 AM ET
    Traders work on the floor of the New York Stock Exchange.

    As the Fed meets and earnings news rains down, the big question in the week ahead is whether the S&P 500 can manage a break out.

  • What closing coal plants means for energy jobs Monday, 13 Apr 2015 | 3:58 PM ET
    American Electric Power's coal-fired John E. Amos Power Plant in Winfield, West Virginia.

    Coal-firing electricity plants are closing all over the US, and jobs are going with them. Can other energy sources make up for the losses?

  • Cramer Remix: These stocks are soaring again Thursday, 19 Mar 2015 | 6:59 PM ET
    Jim Cramer on the set of Mad Money

    “Mad Money” host Jim Cramer on the stocks flying higher on lower oil.