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| Duke Energy announces 2007 EPS incentive targets Duke Energy's board of directors has approved the 2007 ongoing earnings per share (EPS) employee incentive target for Duke Energy and has recommended an employee incentive target for Spectra Energy, the proposed stand-alone company consisting of Duke's natural gas businesses slated to be spun-off entirely to Duke Energy shareholders on Jan. 2, 2007. Duke Energy's employee incentive target for 2007, based on ongoing diluted EPS will be $1.15 per share. Spectra Energy's employee incentive target for the year, also based on ongoing diluted EPS, is expected to be $1.40 per share. Spectra Energy's employee incentive target remains subject to approval by the new company's board of directors. Management from both Duke Energy and Spectra Energy expect to convene separate investor "road shows" in December. These "road shows" will allow the companies to provide additional information to investors regarding their respective 2007 business and financial plans. write your comments about the article :: © 2006 Construction News :: home page |