Reuters: Regulatory News: Duke Energy's profit rises on better rates, lower costs

Reuters: Regulatory News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Duke Energy's profit rises on better rates, lower costs Aug 2nd 2012, 11:22 Thu Aug 2, 2012 7:22am EDT Aug 2 (Reuters) - Duke Energy's second-quarter profit rose on revised customer rates in the Carolinas and lower storm restoration costs in a unit. Net income rose to $444 million, or 99 cents per share, in the second quarter, from $435 million, or 98 cents, a year earlier. Operating revenue rose 1.2 percent to $3.57 billion. Duke Energy, which bought Progress Energy in an $18 billion deal that created the biggest utility in the United States, said second-quarter results did not include Progress Energy's results.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions