8 Feb 2014 More

Duke Energy Reports Earnings Jump of 58 Percent

posted by Brown Books @ 12:06 0 Comments

Duke Energy is the largest in America
Duke Energy is reporting 4th quarter earnings skyrocketed by 58 percent, this after cost savings from its acquisition of Progress Energy.  The company is reporting a profit of $688 million for the quarter.  Compare that to profits of $435 million the year before.

Duke Energy, based in Charlotte NC, serves more than 7 million customers from Florida  to Ohio and the Carolinas.  The acquisition of Progress Energy made Duke the largest power company in the nation.

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