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Duke Energy completed its acquisition of Cinergy Corp in 2006. In July 2004, Duke Energy agreed to pay $208M to settle allegations that it had engaged in price gouging in California during the energy crisis of 2000 and 2001. In December 2009, Duke Energy agreed to spend approximately $93M to resolve violations of the Clean Air Act.
Progress Energy Inc. Progress Energy was a power generation and distribution company. Prior to its merger with Duke Energy, it was a Fortune 500 energy company with more than 21,000 megawatts of generation capacity and $9 billion in annual revenues. Headquartered in Raleigh, North Carolina, Progress Energy includes two major electric utilities ...
Duke Energy shareholders received 1 share of Spectra Energy for every 2 shares of Duke Energy. By early August 2007, the S&P 500 breached its first 10% correction in over four years, and the shares of Spectra Energy Corp. sunk to their lowest point since trading had begun in December 2006, after the company announced that second quarter ...
Zacks.com users have recently been watching Duke Energy (DUK) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
In the latest trading session, Duke Energy (DUK) closed at $90.30, marking a +0.92% move from the previous day.
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Cinergy was created on October 24, 1994, from the merger of the Cincinnati Gas & Electric Company (CG&E) and Kentucky subsidiary Union Light, Heat & Power (ULH&P) with Plainfield, Indiana –based PSI Energy (Public Service Indiana). Cinergy's Cincinnati headquarters, now known as the Duke Energy Building. In 1996, Riverfront Stadium in ...
The stock of Duke Energy (NYSE:DUK, 30-year Financials) shows every sign of being modestly overvalued, according to GuruFocus Value calculation.