Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Thursday, July 12, 2012

Duke-Progress merger puts restart of Florida reactor in doubt

Duke-Progress merger puts restart of Florida reactor in doubt
Reuters
(Reuters) - The likelihood that the damaged Crystal River nuclear reactor in Florida will produce another megawatt of electricity appears to have dimmed following the merger of owner, Progress Energy,

Block & Leviton LLP Investigates Possible Breaches of Fiduciary Duties by Duke ...

MarketWatch (press release) - ‎Jul 11, 2012‎
BOSTON, July 11, 2012 /PRNewswire via COMTEX/ -- Block & Leviton LLP, a Boston-based law firm representing investors nationwide, is investigating possible breaches of fiduciary duties by the Board of Directors of Duke Energy Corporation ("Duke Energy" ...
 Duke Energy faces regulator chill after CEO switch

Chicago Tribune -
(Reuters) - Duke Energy Corp, under regulatory scrutiny over the abrupt ouster of its CEO, is not expected to be forced to undo its purchase of Progress Energy, but could face a cold reception when it seeks new power rates in North Carolina later this ...

Duke's Almost CEO Was a Good Leader: Ex-Progress Director

Businessweek - 
By Julie Johnsson and Benjamin Haas on July 12, 2012 Progress Energy Inc. Chief Executive Officer Bill Johnson was a 'terrific communicator' and not the autocrat Duke Energy Corp. (DUK) (DUK) CEO James Rogers described in a hearing on why Johnson was ...

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