IPPs and Merchant Energy Co.s Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : IPPs and Merchant Energy Co.s

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Larry S. who started this subject	9/20/2002 9:05:13 AM
From: Joe Stocks	Read Replies (1) of 3358

Duke Energy Revises Financial Outlook, Defers Three Power Projects * Ongoing earnings outlook in 2002 reduced to $1.95 to $2.05 due to continued weakness in one line of business - North American merchant energy * Expectations for 2003 earnings are flat, assuming a modest improvement in market conditions * Company formalizes decision to defer three merchant power plants * Expects one-time, third-quarter charge of 19 cents to 23 cents per share * Capex for 2002 and 2003 reduced; 2003 capex to be internally funded * Other lines of business producing solid, sustainable results Friday September 20, 9:00 am ET biz.yahoo.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next