More on Duke Energy (DUK +2.1%) Q3. Net profit +26% to $594M, boosted by acquisition of...

|About: Duke Energy Corporation (DUK)|By:, SA News Editor

More on Duke Energy (DUK +2.1%) Q3. Net profit +26% to $594M, boosted by acquisition of Progress. Books costs of $457M on the deal, and $180M charge for expense increases at the still-unopened coal-gasification plant at Edwardsport in Indiana. On track to meet 2012 adjusted EPS target of $4.20-$4.35 vs consensus of $4.27. (PR)