Duke Energy in Settlement Talks with North Carolina Regulators -Report
Duke Energy Corp. (DUK), challenged by regulators in North Carolina over the sudden replacement of chief executive Bill Johnson following a merger with Progress Energy, began settlement talks with the state last week, company CEO Jim Rogers told the Charlotte Observer on Thursday.
Enbridge 2Q Net Drops to C$11 Million, Hurt By Hedging Losses
CALGARY, Alberta--Enbridge Inc. (ENB) said Thursday its second-quarter earnings fell to 11 million Canadian dollars (US$10.9 million), a fraction of the C$302 million profit it posted a year earlier, hurt by losses related to its hedging program.
Enel Says Biggest Markets to Continue Suffering Economic Slowdown
Enel SpA (ENEL.MI) said Thursday that industrial production in Italy and Spain is expected to continue to be negative for the rest of the year, as first-half net profit fell 29% on the year, hit by a tax targeting the energy sector and a reduction in energy demand due to a recession in its two
Knight Plunges 50%, Grasps for a Lifeline
Knight Capital saw its stock nosedive after it revealed a massive trading loss, stifling its access to capital and forcing the embattled market maker to search for an emergency loan.