


SUGAR LAND, TX -- (Marketwire) -- 08/04/10 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- Electric power company Duke Energy (NYSE:DUK) (Charlotte, North Carolina) reported a drop in net income for the second quarter of 2010, despite a slight increase in earnings, largely because of non-cash impairment charges of $660 million, the mark-to-market impact of economic hedges, and one-time corporate expenses. Net income was reported to be a loss of $222 million, compared to a gain of $276 million in the same period last year. Industrial Info is tracking 65 active Duke projects worth a combined total of more than $34 billion.
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27th, 2012
10:04pm