NEW YORK -- Credit ratings agency Standard & Poor's Ratings Services has placed its ratings for utility company Duke Energy (DUK) on watch for a possible downgrade in response to a sudden leadership change after its acquisition of Progress Energy.Duke Energy completed its acquisition of Progress Energy on Monday, forming the nation's largest electric company. But the company said Bill Johnson, who was tapped to lead the combined company as president and chief executive, decided to leave by "mutual agreement."
S&P Puts Duke Energy on Watch
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