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    coal investing

    Construction Costs Hurt Duke Energy Profits

    Investing News Network
    May. 04, 2012 04:25PM PST
    Industrial Metals

    CNBC News reported that Duke Energy (NYSE:DUK) reported lower net income due to coal plant construction overruns.

    CNBC News reported that Duke Energy (NYSE:DUK) reported lower net income due to coal plant construction overruns.

    As quoted in the market news:

    The North Carolina-based power company said Friday that it earned $295 million, or 22 cents per share, in the three months ended March 31. That’s down from $511 million, or 38 cents per share, a year ago.

    Click here to read the full CNBC News report.

    coal investingnyse:duk
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