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Latest Progress Energy Inc Stories

2011-08-05 12:00:00

CHARLOTTE, N.C. and RALEIGH, N.C., Aug. 5, 2011 /PRNewswire/ -- Duke Energy and Progress Energy announced today that ISS Proxy Advisory Services and Glass, Lewis & Co. have recommended that Duke Energy and Progress Energy shareholders vote for the proposed merger of the two companies. (Logo: http://photos.prnewswire.com/prnh/20040414/DUKEENERGYLOGO ) "We are pleased these two firms have recommended that our respective shareholders approve our proposed merger," said Jim Rogers,...

2011-08-04 06:30:00

RALEIGH, N.C., Aug. 4, 2011 /PRNewswire/ -- Progress Energy (NYSE: PGN) announced second-quarter GAAP earnings of $176 million, or $0.60 per share, compared with GAAP earnings of $180 million, or $0.62 per share, for the same period last year. Second-quarter ongoing earnings were $211 million, or $0.71 per share, compared to $181 million, or $0.63 per share, for the same period last year. The significant drivers in ongoing earnings per share were lower depreciation and amortization...

2011-08-02 16:24:00

CHARLOTTE, N.C. and RALEIGH, N.C., Aug. 2, 2011 /PRNewswire/ -- The Kentucky Public Service Commission (KPSC) today approved the merger-related application filed in April by Duke Energy Corp. (NYSE: DUK) and Progress Energy, Inc. The application sought approval for the indirect transfer of Duke Energy Kentucky that would result from the merger of the companies. (Logo: http://photos.prnewswire.com/prnh/20040414/DUKEENERGYLOGO ) (Logo: http://photos.prnewswire.com/prnh/20020923/CHM008LOGO-c...

2011-07-07 12:31:00

CHARLOTTE and RALEIGH, N.C., July 7, 2011 /PRNewswire/ -- Duke Energy Corp. (NYSE: DUK) (Duke Energy) and Progress Energy, Inc. (Progress Energy) have scheduled special meetings Tuesday, Aug. 23, for shareholders to vote on the companies' proposed merger announced Jan. 10. (Logo: http://photos.prnewswire.com/prnh/20040414/DUKEENERGYLOGO ) (Logo: http://photos.prnewswire.com/prnh/20020923/CHM008LOGO-c ) The companies are mailing a joint proxy statement/prospectus to their respective...

2011-07-05 09:00:00

RALEIGH, N.C., July 5, 2011 /PRNewswire/ -- Progress Energy (NYSE: PGN) will hold a conference call to discuss 2011 second-quarter earnings results on Thursday, Aug. 4. The conference call will begin at 10 a.m. ET (7 a.m. PT) and will be webcast to the public. The call will be hosted by Chairman, President and Chief Executive Officer Bill Johnson and Chief Financial Officer Mark Mulhern. (Logo: http://photos.prnewswire.com/prnh/20020923/CHM008LOGO-c ) Investors, media and the public may...

2011-06-27 15:15:00

CRYSTAL RIVER, Fla., June 27, 2011 /PRNewswire-FirstCall/ -- Highlights: Initial plan favors repair of plant containment structure Under plan, company estimates nuclear plant would return to service in 2014 Repair cost estimate between $900 million and $1.3 billion Announces webcast and conference call Tuesday, June 28, at 10 a.m. ET Progress Energy Florida has provided an update to the Nuclear Regulatory Commission (NRC) and the Florida Public Service Commission (FPSC) regarding the...

2011-05-11 12:00:00

RALEIGH, N.C., May 11, 2011 /PRNewswire/ -- Progress Energy (NYSE: PGN) is serving its customers well, adapting to change and delivering solid returns for shareholders, Chairman, President and CEO Bill Johnson said today at the company's annual meeting of shareholders in Raleigh. (Logo: http://photos.prnewswire.com/prnh/20020923/CHM008LOGO-c ) Also today, the company's board of directors declared a dividend on the company's common stock. The quarterly dividend of 62 cents per share is...

2011-05-05 06:30:00

RALEIGH, N.C., May 5, 2011 /PRNewswire-FirstCall/ -- Progress Energy (NYSE: PGN) announced first-quarter GAAP earnings of $184 million, or $0.62 per share, compared with GAAP earnings of $190 million, or $0.67 per share, for the same period last year. First-quarter ongoing earnings were $202 million, or $0.69 per share, compared to $213 million, or $0.75 per share, for the same period last year. The significant drivers in ongoing earnings per share were extreme weather in the prior year...

2011-05-03 06:00:00

CHARLOTTE, N.C., May 3, 2011 /PRNewswire/ -- First quarter 2011 adjusted diluted earnings per share (EPS) were 39 cents, compared to 36 cents for the first quarter 2010 Reported diluted EPS for first quarter 2011 was 38 cents, compared to 34 cents for the first quarter 2010 Company is on track to achieve 2011 adjusted diluted EPS outlook range of $1.35 to $1.40 per share Duke Energy (NYSE: DUK) today announced first quarter 2011 adjusted diluted EPS of 39 cents, compared to 36 cents...

2011-04-05 14:20:00

RALEIGH, N.C., April 5, 2011 /PRNewswire/ -- Progress Energy (NYSE: PGN) will hold a conference call to discuss 2011 first-quarter earnings results on Thursday, May 5. The conference call will begin at 10 a.m. ET (7 a.m. PT) and will be webcast to the public. The call will be hosted by Chairman, President and Chief Executive Officer Bill Johnson and Chief Financial Officer Mark Mulhern. (Logo: https://photos.prnewswire.com/prnh/20020923/CHM008LOGO-c ) Investors, media and the public may...


Word of the Day
lambent
  • Licking.
  • Hence Running along or over a surface, as if in the act of licking; flowing over or along; lapping or bathing; softly bright; gleaming.
This word comes the Latin 'lambere,' to lick.
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