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AYE News

Duke Merger One Step Closer

The merged company with Progress Energy is estimated to be worth $65 billion in enterprise value and $37 billion in market capitalization. Shareholders on both sides support the plan.

Duke Energy, AEP Form JV to Expand Commercial Business

Trefis estimates that commercial power accounts for just under 10% of Duke's stock value.

Duke CEO Denies Latin American Asset Sale

Jim Rogers said it wouldn't make sense to its operations in Latin America.

Duke Faces Environmental Headwinds From Acquisition

Its proposed acquisition of Progress Energy will invite regulatory scrutiny over pollution issues.

Duke Energy's Growth Outlook Solid

The company expects growth from its U.S. electric and gas operations as well as its investments in nuclear and solar energy.

Breaking News

TSMC Plans $40 Billion U.S. Investment As President Biden Visits Arizona Chip Factory

TSMC, the world's biggest contract chipmaker, is looking to boost expand its U.S. investment to around $40 billion.

Despite DeSantis, Florida Legislator Makes Nice With Disney, Iger

Return of former Disney CEO creates opening for state to avert big problems.

How Tesla Stock Can Hit 52-Week Lows ... and How It Can Avoid It

Tesla stock is down hard on Monday, causing traders to wonder whether new lows are on tap. Here's how to trade it from here.

Stock Market Today: Stocks Slide As PMI Data Challenges Recession Concerns, Lifts Treasury Yields

Stocks finished lower Monday as recession concerns continue to weigh on investors' minds.