Wednesday, August 4, 2010

Duke Energy Suffers Setbacks in Second-Quarter 2010, but Cites Strong Operational Performance, an Industrial Info News Alert - MarketWatch

Duke Energy Suffers Setbacks in Second-Quarter 2010, but Cites Strong Operational Performance, an Industrial Info News Alert - MarketWatch:
"SUGAR LAND, TX, Aug 04, 2010 (MARKETWIRE via COMTEX) -- Researched by Industrial Info Resources (Sugar Land, Texas) -- Electric power company Duke Energy (DUK 17.36, -0.01, -0.05%) (Charlotte, North Carolina) reported a drop in net income for the second quarter of 2010, despite a slight increase in earnings, largely because of non-cash impairment charges of $660 million, the mark-to-market impact of economic hedges, and one-time corporate expenses"

No comments:

Post a Comment

Blog Archive