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Duke Energy Corp

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  • *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...

  • The industry views Florida as a sleeping giant that could rival California in solar potential, but renewable energy experts say the state lags behind because old laws favor utilities over private enterprise. "The rules are set up so there isn't competition right now, and competition could be healthy," said James Fenton, director of the Solar Energy Center at the...

  • 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...

  • ASHEVILLE, N.C.— Duke Energy said Tuesday it will build a $750 million natural gas plant to replace its troubled coal-fired Asheville plant as the company turns to cleaner energy to generate electricity. The nation's largest electricity company also said it will invest $320 million to build a transmission substation near Campobello, South Carolina,...

  • 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.

  • 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.

  • Lightning Round: This slammed over false Fed fears Thursday, 19 Mar 2015 | 6:56 PM ET
    Mad Money Lightning Round

    Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.

  • Which does Buffett love more: Coal or solar? Thursday, 19 Mar 2015 | 9:00 AM ET
    Warren Buffett

    Warren Buffett receives good press for renewable-energy investments, but is he really a climate change ally? It's complicated.

  • Rising rates? Still own utilities, analyst says Tuesday, 17 Mar 2015 | 2:50 PM ET
    The sun shines over towers carrying electical lines in South San Francisco, California.

    Here's why investors should stick with utility stocks in a rising rate environment, analyst David Burk says.

  • Solar giant Conergy snares millions in financing Tuesday, 17 Mar 2015 | 9:37 AM ET
    Conergy’s 2 megawatt New Caledonia Heart Project, located on the southwest Pacific island of New Caledonia

    German utility RWE and other investors are betting that the largest traded renewable company in Europe has a bright future.