8 Feb 2014
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Duke Energy Reports Earnings Jump of 58 Percent
posted by Unknown @ 12:06 0 Comments
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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