Duke Energy Corporation (DUK) has been under
considerable market scrutiny with several
large-scale investments, acquisitions, and sales of shares observed. Major entities like the
Vontobel Holding Ltd and
Energy Income Partners LLC have beefed up their holdings in recent transactions. On the flip side, entities like the
Amundi and
Texas Permanent School Fund Corp have sold a significant number of DUK's shares. The company's
third-quarter financial results will be announced on November 7, which the market eagerly anticipates. New investments have been proposed in North Carolina, coupled with
rate hike requests and a planned utility merger. However, these rate hikes have garnered resistance from North Carolina leaders. Duke Energy also announced dividend payments to its shareholders and various partnerships to help customers in need. The company also plans to sell its
Tennessee Piedmont Natural Gas business to Spire for $2.48 billion amid other financial activities.
Duke Energy Corporation DUK News Analytics from Wed, 16 Apr 2025 07:00:00 GMT to Sat, 27 Dec 2025 09:25:22 GMT -
Rating 5
- Innovation -3
- Information 6
- Rumor 0