*Expects 2014 adjusted EPS of $4.45- $4.60 vs est $4.32. *4th- quarter EPS 97 cents vs 62 cents last year. Regulators in North Carolina, South Carolina and Florida approved the company's request to raise utility rates from September and October.
*Sees 2014 adjusted EPS of $4.45- $4.60 vs est $4.32. *4th- quarter EPS 97 cents vs 62 cents last year. The fourth quarter was also helped by cost savings from Duke's $18- billion buyout of rival Progress Energy in July 2012, which created the largest U.S. power company with a market value of about $50 billion.
*To sell 127,000 acres to Malaysia- controlled Progress Energy. Nov 8- Talisman Energy Inc said it would sell a stake in some of its natural gas assets in British Columbia's Montney field to Malaysia- controlled Progress Energy Canada Ltd for C $1.5 billion as it restructures global operations.
Nov 6- Duke Energy Corp, the largest U.S. power company, posted a lower-than-expected quarterly profit on Wednesday, primarily due to wet, cool weather in North and South Carolina that reduced demand for air conditioning. Third-quarter net income was $1 billion, or $1.42 per share, compared with $594 million, or 85 cents per share, a year earlier.
Nov 6- Duke Energy Corp, the largest power provider in the United States, said on Wednesday its quarterly profit rose, a year after the buyout of rival Progress Energy. The company posted third-quarter net income of $1 billion, or $1.42 per share, compared with $594 million, or 85 cents per share, in the year-ago period.
KUALA LUMPUR, Oct 7- Malaysia's state oil firm Petronas plans to spend $35 billion to develop shale gas assets in Canada and build a liquefied natural gas export terminal linking the country to energy hungry Asian markets, company officials said.
Fereidun Fesharaki, chairman of FACTS Global Energy, shares his views on why Ottawa in Canada blocked a 5.2 billion dollar acquisition by Petronas for Progress Energy, the Canadian natural gas producer.
Dan Yergin, Vice Chairman, IHS doesn't think Petronas will walk away from its bid for Progress Energy, despite the veto by the Canadian government. He also discusses America's energy policy.
Why did Duke Energy's board abruptly replace Bill Johnson as CEO of the newly merged companies? Jeffrey Sonnenfeld, Yale School of Management, provides perspective.
CNBC's Mary Thompson reports Jim Rogers, Duke Energy's CEO, testified before the North Carolina Utilities Commission to explain why the company abruptly removed Bill Johnson as the company's newly installed chief officer.
The "Squawk Box" news team weighs in with their perspective on the markets ahead of the opening bell.
Dennis Berman, Wall Street Journal Marketplace editor, discusses what happened to the CEO of Progress Energy when he was ousted as the top executive, one day after the deal with Duke Energy.
CNBC's David Faber has the latest details on Duke Energy's merger with Progress Energy, and the appointment of its new chief executive officer.