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Financial Results, Investments, Operational Focus, and Acquisitions - Research Report on Duke Energy, FirstEnergy, Dominion,



Financial Results, Investments, Operational Focus, and Acquisitions - Research
 Report on Duke Energy, FirstEnergy, Dominion, Edison International, and PPL
                                 Corporation

Editor Note: For more information about this release, please scroll to bottom

PR Newswire

NEW YORK, August 12, 2013

NEW YORK, August 12, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting Duke
Energy Corp. (NYSE: DUK), FirstEnergy Corp. (NYSE: FE), Dominion Resources,
Inc. (NYSE: D), Edison International (NYSE: EIX), and PPL Corporation (NYSE:
PPL). Today's readers may access these reports free of charge - including full
price targets, industry analysis and analyst ratings - via the links below.

Duke Energy Corp. Research Report

On August 7, 2013, Duke Energy Corp. (Duke Energy) reported its Q2 2013
financial results with total operating revenues increased 64.4% YoY to $5.9
billion. However, net income attributable to Duke Energy and diluted EPS
declined 23.6% YoY to $339 million, and 51.5% YoY to $0.48 respectively.
Commenting on the results, Duke Energy President and CEO, Lynn Good, said, "We
are on track to achieve our 2013 adjusted diluted earnings per share guidance
range of $4.20 to $4.45. We are keenly focused on achieving our financial
objectives, supported by realizing constructive regulatory outcomes,
maximizing cost efficiencies from our merger, and optimizing the performance
in all of our operations." The Full Research Report on Duke Energy Corp. -
including full detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/d2b2_DUK]

--

FirstEnergy Corp. Research Report

On August 6, 2013, FirstEnergy Corp. (FirstEnergy) announced its Q2 2013
financial results. The Company's total revenues declined 6.3% YoY to $3.5
billion and net losses attributable to First Energy stood at $164 million or
$0.39 per diluted share compared to net income of $187 million or $0.45 per
diluted share in Q2 2012. For 2013, the Company expects normalized non-GAAP
earnings, excluding special items, within $2.85 to $3.15 per basic share. The
Full Research Report on FirstEnergy Corp. - including full detailed breakdown,
analyst ratings and price targets - is available to download free of charge
at: [http://www.analystscorner.com/r/full_research_report/0655_FE]

--

Dominion Resources, Inc. Research Report

On August 6, 2013, Dominion Resources, Inc. (Dominion) reported its Q2 2013
financial results. The Company's GAAP earnings stood at $202 million, or $0.35
per diluted share compared to GAAP earnings of $258 million, or $0.45 per
diluted share, in Q2 2012. Operating earnings were $355 million, or $0.62 per
diluted share, compared to $337 million, or $0.59 per diluted share, in Q2
2012. According to the Company, the principal differences between GAAP
earnings and operating earnings for Q2 2013 are related to a net loss from
discontinued operations of Brayton Point and Kincaid power stations as well as
a net charge related to the impairment of certain natural gas infrastructure
assets and the rescoping of activities of Producer Services. Commenting on the
results, Thomas F. Farrell II, Chairman, President, and CEO, said, "Our
second-quarter results came in below the midpoint of our guidance range of
$0.60 to $0.70 per share reflecting the impact of lower than expected sales
and lower contributions from Producer Services. Despite the challenging
quarter, we remain focused on delivering 5 percent to 6 percent earnings per
share growth this year." The Full Research Report on Dominion Resources, Inc.
- including full detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/af3f_D]

--

Edison International Research Report

On August 5, 2013, Edison International (Edison International) announced that
it has completed the acquisition of SoCore Energy, LLC, (SoCore Energy), a
solar developer that focuses on commercial rooftop installations. Under the
terms of the transaction, SoCore Energy will become a wholly owned indirect
subsidiary of Edison International, and SoCore Energy's management team,
employees, and operations will continue to be based in Chicago. Pete Kadens,
President and CEO of SoCore Energy said, "We are excited about the opportunity
to partner with Edison International. Aligning with a well-branded and
progressive energy partner will enhance our attractiveness to customers and
broaden our suite of offerings. The future is indeed bright for SoCore
Energy." Financial details of the transaction were not disclosed. The Full
Research Report on Edison International - including full detailed breakdown,
analyst ratings and price targets - is available to download free of charge
at: [http://www.analystscorner.com/r/full_research_report/b3f9_EIX]

--

PPL Corporation Research Report

On August 7, 2013, Western Power Distribution (WPD), PPL Corporation's (PPL)
U.K. subsidiary, announced that it is committed to investing £2.5 million on
its network to improve supply reliability and customer service levels in
Shrewsbury. According to the Company the plan involves WPD laying 8km of
33,000 volt cable between Shrewsbury and Harlescott, which will help safeguard
supply reliability to around 2,500 customers in the Harlescott area of
Shrewsbury. Moreover, the investment plan is designed to accommodate for any
additional demands placed on the power network in future following further
development in the city. WPD added that the project was due to start in late
July 2013, with December 2013 being the expected completion time of the cable
laying phase of the work which will be done by Morrison Utility Services on
behalf of WPD. The Full Research Report on PPL Corporation - including full
detailed breakdown, analyst ratings and price targets - is available to
download free of charge at:
[http://www.analystscorner.com/r/full_research_report/807d_PPL]

----

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