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Latest Business News

Duke Energy 1Q Earnings Dip Slightly

Tuesday, May 08, 2007 1:11:40 PM
By IEVA M. AUGSTUMS

Duke Energy Corp. President and Chief Evecutive Officer James E. Rogers, testifies before House Subcommittee on Energy and Air Quality during a hearing on climate change and energy security from the perspective of utility CEOs on Capitol Hill, Tuesday, March 20, 2007 in Washington. Duke Energy Corp., one of the largest electric power companies in the United States, said Tuesday, May 8, 2007 its first-quarter profit fell slightly after it spun off its natural gas business at the beginning of the year. (AP Photo/Manuel Balce Ceneta)CHARLOTTE, N.C. (AP) - Duke Energy Corp., one of the largest electric power companies in the United States, said Tuesday its first-quarter profit dipped slightly.

The Charlotte-based utility said the loss was triggered by it's spin-off its natural gas business at the beginning of the year.

Investors sent shares of Duke Energy down 13 cents to $20.75 in midday trading.


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