Latest Progress Energy Incorporated Stories
Researched by Industrial Info Resources (Sugar Land, Texas) -- On October 31, Progress Energy Incorporated (NYSE:PGN) (Raleigh, North Carolina) announced third-quarter 2008 earnings. The company's net income fell $10 million from last year, moving from $319 million in 3Q07 to $309 million this year. Progress' ongoing year-to-date earnings, however, are up more than 10%, rising from $591 million in 2007 to $653 million this year. Industrial Info, as part of its North American Industrial...
Researched by Industrial Info Resources (Sugar Land, Texas) -- At a recent conference concerning power and gas, Progress Energy Incorporated's (NYSE:PGN) (Raleigh, North Carolina) Senior Vice President and Chief Financial Officer, Mark F. Mulhern, emphasized the company's outlook for the strong role that nuclear power will play for the U.S. in the future. The company plans to significantly increase its nuclear capacity with construction of the $14 billion grassroot Levy County Nuclear Power...
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