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Duke Energy Finishes Merger with Progress Energy in Second-Quarter 2012, Expects Full-Year CapEx Up to $5.7 Billion

SUGAR LAND--August 3, 2012--Researched by Industrial Info Resources (Sugar Land, Texas)--Duke Energy Company (NYSE:DUK) (Charlotte, North Carolina), a leading U.S. electric power holding company, reported small gains in revenue and earnings in the second quarter of 2012, as fewer storm-related expenses and new customer rates in the U.S. mostly offset weaknesses in the International segment. Net income was reported to be $444 million, a 2.07% increase from second-quarter 2011. Industrial Info is tracking about $32 billion in active projects involving Duke.

Other companies featured: Progress Energy Incorporated (NYSE:PGN)

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Industry Segment: Power
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