Stocks and Finance

Progress Energy

Progress Energy 1/21/2012

15:25 : Progress Energy agrees to Florida refund - Progress Energy agreed to a $288 million refund for its Florida customers as part of a rate settlement announced Friday with that state's regulators.Click to Continue »

Progress Energy 1/16/2012

11:33 : Duke, Progress Energy ask feds to reconsider merger ruling - Duke Energy and Progress Energy have appealed a Dec. 14 decision by federal regulators rejecting the companies' plan for addressing wholesale competition issues raised by their proposed $26 billion merger. But ...
Source : bizjournals-com
10:11 : Duke Energy, Progress Energy ask feds to reconsider merger ruling - Duke Energy and Progress Energy have appealed a Dec. 14 decision by federal regulators rejecting the companies' plan for addressing wholesale competition issues raised by their proposed $26 billion merger. But ...
Source : bizjournals-com

Progress Energy 1/4/2012

15:41 : Regulators ask Progress Energy to clarify tree-cutting policy - Progress Energy must spell out its policy on whether trees growing within 25 feet of a power line will be merely trimmed or entirely cut down, the N.C. Utilities Commission said today. Progress has issued conflicting information that is causing confusion ...
Source : newsobserver-com

Progress Energy 12/28/2011

20:32 : Progress Energy to cover at least $28 million in Red Hat's downtown rent - Red Hat, the Triangle software company, has been promised more than a year in free rent and huge discounts afterwards as part of a sweet deal from Progress Energy to lease a vacant office building in downtown Raleigh.
16:37 : Progress Energy to cover at least $28 million in Red Hat's downtown rent - Red Hat, the Triangle software company, has been promised more than a year in free rent and huge discounts afterwards as part of a sweet deal from Progress Energy to lease a vacant office building in downtown Raleigh.
Source : newsobserver-com

Progress Energy 12/27/2011

19:19 : Progress Energy CEO Bill Johnson to talk energy at business conference - Bill Johnson had expected to be heading the nation's largest electric company next week when addressing his executive peers at the Economic Forecast Forum, the annual gathering of who's who among the state's business elite.
Source : newsobserver-com

Progress Energy 12/15/2011

09:50 : Again, Feds deny Duke-Progress Energy merger - The Federal Energy Regulatory Commission has rejected the proposal Duke Energy Corp. and Progress Energy Inc. have made to address their merger's impact on wholesale power markets in the Carolinas. The decision ...
Source : bizjournals-com

Progress Energy 11/16/2011

03:26 : Progress Energy rates go up Dec. 1 - Progress Energy rates will increase slightly next month as the Raleigh-based power company deals with rising expenses for fuel and energy-efficiency programs.
Source : newsobserver-com

Progress Energy 11/15/2011

14:43 : Progress Energy rates going up in December - Progress Energy rates will be increasing slightly next month as the Raleigh-based power company deals with rising expenses for fuel and energy-efficiency programs.
Source : newsobserver-com

Progress Energy 11/9/2011

07:09 : Duke, Progress Energy set for future acquisitions - (Bloomberg) Duke, Progress Energy set for future acquisitionsDuke Energy Corp. and Progress Energy Inc. would be "well-positioned" to make additional acquisitions after Duke's $16 billion takeover is completed, ...

Progress Energy 10/14/2011

11:36 : Progress Energy giving $1.5 million to Raleigh cultural groups - Amid concerns that Progress Energy will slack off on corporate giving after the company merges with Duke Energy, the Raleigh-based electric utility is showering its home town with reminders of its commitment ...
Source : newsobserver-com

Progress Energy 10/2/2011

20:20 : Duke Energy, Progress Energy hustle to allay regulatory objections to ... - The Duke Energy-Progress Energy merger hit its first significant regulatory bump Friday. But the companies say they still expect to close the deal by year’s end. The Federal Energy Regulatory Commission agreed with N.C. municipal officials that the proposed ...
Source : bizjournals-com

Progress Energy 9/30/2011

05:03 : Risk identified in GE reactor used at Progress Energy - Progress Energy's Brunswick nuclear reactors in Eastern North Carolina are among several dozen U.S. reactors that could fail to shut down automatically during an earthquake, potentially risking the safety of the power plant.
Source : newsobserver-com

Progress Energy 9/22/2011

07:43 : Duke-Progress Energy merger costs weighed - (By John Murawski, john.murawski@newsobserver.com) The social and economic costs of the merger of Duke Energy and Progress Energy will get an airing today in Raleigh when public hearings resume on the deal.The ...

Progress Energy 9/16/2011

21:05 : Duke-Progress Energy merger job loss: 2,000 - (By Bruce Henderson, bhenderson@charlotteobserver.com) About 2,000 jobs will be lost in Duke Energy's merger with Raleigh-based Progress Energy, the companies said Friday, leaving its impact on Charlotte unclear.Job losses in a ...
06:26 : Utilities: Duke Energy-Progress Energy merger hearing topics should be ... - (By John Murawski, john.murawski@newsobserver.com) With public hearings set to begin next week on the historic merger between Duke Energy and Progress Energy, the number of critics has dwindled to a handful.The ...
02:20 : Progress Energy fined $31,500 - State labor officials have fined Progress Energy $31,500 for safety violations that contributed to the death of an employee in March at a power plant in Wilmington.
Source : newsobserver-com

Progress Energy 9/14/2011

09:27 : Top Duke Energy, Progress Energy Carolinas positions combined - The positions of president of Progress Energy Carolinas and the two Carolinas presidents for Duke Energy Carolinas will disappear in the merger, according to a new organizational chart released by the companies. ...
Source : bizjournals-com

Progress Energy 9/9/2011

07:47 : Groups challenge Duke Energy-Progress Energy merger - (By John Murawski, john.murawski@newsobserver.com) Critics of the proposed merger between Duke Energy and Progress Energy warned state regulators Thursday that the $26 billion deal would wreak environmental and ...

Progress Energy 9/2/2011

13:20 : Groups skeptical of Duke Energy/Progress Energy merger settlement - Sustainable energy advocates are unlikely to be won over by a settlement agreement the Public Staff of the N.C. Utilities Commission is filing today in support of Duke Energy’s proposed purchase of Progress Energy. The final version ...
Source : bizjournals-com
06:18 : Progress Energy to make big cuts in Raleigh - The totality of Progress Energy's imminent downsizing fully sank in Thursday when the company said it could erase as much as half of its workforce in downtown Raleigh as part of its planned merger with Duke Energy.
Source : newsobserver-com

Progress Energy 9/1/2011

15:16 : Progress Energy to cut 700-1,000 positions in downtown Raleigh - (By John Murawski, Staff writer) Progress Energy could eliminate as much as half its downtown Raleigh workforce as part of the company's merger with Duke Energy.The Raleigh-based electric utility today updated ...

Progress Energy 8/23/2011

11:41 : Duke shareholders OK Progress Energy acquisition - CHARLOTTE, N.C. (AP) -- Duke Energy Corp. said that its purchase of North Carolina rival Progress Energy Inc. is on track to close by the end of the year after shareholders of both companies approved it on Tuesday....
Source : usnews-com

Progress Energy 8/4/2011

07:48 : Merger-bound Progress Energy reports solid 2Q - In the midst of a planned merger with cross-state neighbor Duke Energy, Progress executives this year have been focused on clearing regulatory reviews and avoiding tactical mistakes that could complicate getting the merger approved.
Source : newsobserver-com

Progress Energy 7/18/2011

12:11 : Progress Energy settles merger lawsuits - (By Bruce Henderson, bhenderson@charlotteobserver.com) Progress Energy has agreed to settle lawsuits that aimed to block its merger with Duke Energy by adding details to a proxy statement before an Aug. 23 shareholder ...

Progress Energy 6/30/2011

10:36 : Progress Energy accepting wind farm proposals - Progress Energy said today it is accepting proposals for electricity generated from wind farms in order to meet its state mandate for renewable energy.
Source : newsobserver-com

Progress Energy 6/27/2011

16:19 : Progress Energy Florida urges repair at Crystal River - Progress Energy Florida believes that repairing its Crystal River Nuclear Plant is the company’s best option. The determination came in an update to the Nuclear Regulatory Commission and the Florida Public Service Commission regarding ...
Source : bizjournals-com
11:33 : Progress Energy pension returns up 14% - Two of three Triangle companies reporting on the investment returns of their internal employee savings and retirement plans say they experienced positive growth in net assets in 2010. The largest of the plans, run by Progress Energy, ...
Source : bizjournals-com

Progress Energy 6/22/2011

10:38 : Progress Energy seeks more solar farms - Progress Energy is asking green energy developers for another round of solar farm bids to help the Raleigh-based electric utility meet its state mandate for renewable energy.
Source : newsobserver-com
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