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] ---- EDITOR NOTES: 1.This is not company news. We are an independent source and our views do not reflect the companies mentioned. 2.Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to make mistakes. 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Financial Results, Investments, Operational Focus, and Acquisitions - Research Report on Duke Energy, FirstEnergy, Dominion,
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