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Actionable news in DUK: DUKE ENERGY CORPORATION,

World's Biggest Sovereign Fund Dumps Duke

Norway's $900 billion wealth fund dumped a minority stake in Duke Energy (DUK) and added it to a list of businesses it won't invest in, claiming the North Carolina-based power producer posed a "severe environmental" risk.

Norges Bank, which oversees management of the world's largest hedge fund, said Wednesday it had excluded Duke and its subsidiaries Duke Energy Carolinas LLC, Duke Energy Progress LLC and Progress Energy Inc. following a recommendation from its ethics unit...


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