Progress Energy Newswire

Progress Energy Newswire

Comprehensive Real-Time News Feed for Progress Energy.

Results 1 - 20 of 118 in Progress Energy

  1. Duke Energy settles shareholder suits over CEO ouster during Progress Energy mergerRead the original story w/Photo

    Nov 14, 2016 | Business Journal

    Duke Energy will pay $27 million to settle shareholder suits that claimed directors improperly concealed plans to fire CEO Bill Johnson once the Charlotte-based company bought Progress Energy Inc., Bloomberg reports.

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  2. Duke Energy to pay $27 million, settling claims of covert ouster of Progress Energy CEORead the original story w/Photo

    Nov 14, 2016 | St. Petersburg Times

    William Johnson, president of the Tennessee Valley Authority and former CEO of Progress Energy, which was acquired by Duke Energy. [TVA] Duke Energy agreed to a $27 million settlement of claims that the power company's directors wrongfully concealed their plan to fire CEO William Johnson just minutes after Duke closed on its $13.7 billion merger in 2012 with Progress Energy Inc. Progress Energy years earlier had acquired St. Petersburg-based Florida Progress, whose Florida Power utility served parts of Tampa Bay and west-central Florida.

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  3. Duke Energy Agrees to $27 Million Accord on CEO-Ouster ClaimRead the original story

    Nov 14, 2016 | The Washington Post

    Duke Energy Corp. agreed to a $27 million settlement of claims that directors wrongfully concealed their plan to fire Chief Executive Officer William Johnson just minutes after the company closed on its $13.7 billion merger with Progress Energy Inc. Duke Energy agreed to settle multiple suits over Johnson's removal after a judge concluded Sept. 1 that its board members must face accusations they acted in bad faith by hiding plans to oust ex-Progress CEO Johnson from shareholders and regulators so they could install Duke Energy CEO James Rogers as the merged company's top executive.

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  4. Mason Street Advisors LLC Buys New Position in Duke Energy Corp.Read the original story w/Photo

    Nov 14, 2016 | Daily Political

    ... subsidiaries include its subsidiary registrants: Duke Energy Carolinas, LLC (Duke Energy Carolinas); Progress Energy, Inc (Progress Energy); Duke Energy Progress, LLC (Duke Energy Progress); Duke Energy Florida, LLC (Duke Energy Florida); Duke ...

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  5. Insurers to Fund $27 Million Duke Energy Accord Over Ouster of CEORead the original story w/Photo

    Nov 13, 2016 | Insurance Journal West

    Duke Energy Corp. agreed to a $27 million settlement of claims that directors wrongfully concealed their plan to fire Chief Executive Officer William Johnson just minutes after the company closed on its $13.7 billion merger with Progress Energy Inc. Duke Energy agreed to settle multiple suits over Johnson's removal after a judge concluded Sept. 1 that its board members must face accusations they acted in bad faith by hiding plans to oust ex-Progress CEO Johnson from shareholders and regulators so they could install Duke Energy CEO James Rogers as the merged company's top executive.

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  6. Read the original story w/Photo

    Nov 12, 2016 | Big News Network.com

    ... suits that claimed directors improperly concealed plans to fire CEO Bill Johnson once Duke bought Progress Energy Inc., Bloomberg reports. Duke (NYSE:DUK) faced a number of shareholder suits consolidated for trial Delaware's Chancery Court. In late ...

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  7. Duke Energy settles shareholder suits over CEO ouster during Progress Energy mergerRead the original story w/Photo

    Nov 12, 2016 | Business Journal

    Duke Energy will pay $27 million to settle shareholder suits that claimed directors improperly concealed plans to fire CEO Bill Johnson once Duke bought Progress Energy Inc., Bloomberg reports.

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  8. Duke Energy agrees to pay $27 mln to settle 2012 CEO firingRead the original story w/Photo

    Nov 11, 2016 | Reuters

    Duke Energy Corp has agreed to pay $27 million to settle a lawsuit over the power producer's abrupt firing of its newly installed chief executive in 2012. Duke had agreed to install Progress Energy head William Johnson as chief executive of the combined company as part of the terms to buy Progress.

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  9. Duke Energy Agrees to $27 Million Accord on CEO-Ouster Claim an hour agoRead the original story w/Photo

    Nov 11, 2016 | Bloomberg

    Duke Energy Corp. agreed to a $27 million settlement of claims that directors wrongfully concealed their plan to fire Chief Executive Officer William Johnson just minutes after the company closed on its $13.7 billion merger with Progress Energy Inc. Duke Energy agreed to settle multiple suits over Johnson's removal after a judge concluded Sept. 1 that its board members must face accusations they acted in bad faith by hiding plans to oust ex-Progress CEO Johnson from shareholders and regulators so they could install Duke Energy CEO James Rogers as the merged company's top executive.

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  10. Duke Energy Corp. (DUK) PT Lowered to $83.00 at Howard WeilRead the original story w/Photo

    Nov 11, 2016 | Daily Political

    ... subsidiaries include its subsidiary registrants: Duke Energy Carolinas, LLC (Duke Energy Carolinas); Progress Energy, Inc (Progress Energy); Duke Energy Progress, LLC (Duke Energy Progress); Duke Energy Florida, LLC (Duke Energy Florida); Duke ...

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  11. Capital Research Global Investors Has $1,087,798,000 Stake in Duke Energy Corp.Read the original story w/Photo

    Nov 10, 2016 | Daily Political

    ... nergy's subsidiaries include its subsidiary registrants: Duke Energy Carolinas, LLC (Duke Energy Carolinas); Progress Energy, Inc (Progress Energy); Duke Energy Progress, LLC (Duke Energy Progress); Duke Energy Florida,

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  12. Brokers Offer Predictions for Duke Energy Corp.'s FY2016 EarningsRead the original story w/Photo

    Nov 10, 2016 | Daily Political

    ... subsidiaries include its subsidiary registrants: Duke Energy Carolinas, LLC (Duke Energy Carolinas); Progress Energy, Inc (Progress Energy); Duke Energy Progress, LLC (Duke Energy Progress); Duke Energy Florida, LLC (Duke Energy Florida); Duke ...

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  13. Duke Energy Corp. (DUK) Shares Sold by Transamerica Financial Advisors Inc.Read the original story w/Photo

    Nov 9, 2016 | Daily Political

    ... subsidiaries include its subsidiary registrants: Duke Energy Carolinas, LLC (Duke Energy Carolinas); Progress Energy, Inc (Progress Energy); Duke Energy Progress, LLC (Duke Energy Progress); Duke Energy Florida, LLC (Duke Energy Florida); Duke ...

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  14. Duke Energy Corp. (DUK) Shares Sold by Hayek Kallen Investment ManagementRead the original story w/Photo

    Nov 3, 2016 | Daily Political

    ... subsidiaries include its subsidiary registrants: Duke Energy Carolinas, LLC (Duke Energy Carolinas); Progress Energy, Inc (Progress Energy); Duke Energy Progress, LLC (Duke Energy Progress); Duke Energy Florida, LLC (Duke Energy Florida); Duke ...

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  15. Duke Energy Corp. (DUK) Scheduled to Post Quarterly Earnings on FridayRead the original story w/Photo

    Nov 2, 2016 | AmericanBankingNews.com

    ... subsidiaries include its subsidiary registrants: Duke Energy Carolinas, LLC (Duke Energy Carolinas); Progress Energy, Inc (Progress Energy); Duke Energy Progress, LLC (Duke Energy Progress); Duke Energy Florida, LLC (Duke Energy Florida); Duke ...

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  16. Duke Energy Corp. (DUK) Shares Sold by Sheaff Brock Investment Advisors LLCRead the original story w/Photo

    Nov 2, 2016 | Daily Political

    ... subsidiaries include its subsidiary registrants: Duke Energy Carolinas, LLC (Duke Energy Carolinas); Progress Energy, Inc (Progress Energy); Duke Energy Progress, LLC (Duke Energy Progress); Duke Energy Florida, LLC (Duke Energy Florida); Duke ...

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  17. Duke Energy Corp. (DUK) Stake Increased by QCI Asset Management Inc. NYRead the original story w/Photo

    Nov 2, 2016 | Daily Political

    ... subsidiaries include its subsidiary registrants: Duke Energy Carolinas, LLC (Duke Energy Carolinas); Progress Energy, Inc (Progress Energy); Duke Energy Progress, LLC (Duke Energy Progress); Duke Energy Florida, LLC (Duke Energy Florida); Duke ...

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  18. Duke Energy Corp. (DUK) to Release Earnings on FridayRead the original story w/Photo

    Nov 1, 2016 | Daily Political

    ... subsidiaries include its subsidiary registrants: Duke Energy Carolinas, LLC (Duke Energy Carolinas); Progress Energy, Inc (Progress Energy); Duke Energy Progress, LLC (Duke Energy Progress); Duke Energy Florida, LLC (Duke Energy Florida); Duke ...

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  19. Duke Energy Corp. (DUK) Stake Held by Arrow Financial CorpRead the original story w/Photo

    Oct 27, 2016 | Daily Political

    ... nergy's subsidiaries include its subsidiary registrants: Duke Energy Carolinas, LLC (Duke Energy Carolinas); Progress Energy, Inc (Progress Energy);

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  20. Duke Energy Corp. Declares Quarterly Dividend of $0.86Read the original story w/Photo

    Oct 27, 2016 | Daily Political

    ... subsidiaries include its subsidiary registrants: Duke Energy Carolinas, LLC (Duke Energy Carolinas); Progress Energy, Inc (Progress Energy); Duke Energy Progress, LLC (Duke Energy Progress); Duke Energy Florida, LLC (Duke Energy Florida); Duke ...

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