Duke Energy Still Trying to Buy Progress

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At The Motley Fool, we know our readers like to be informed. Here's a quick look at today's most relevant financial news, boiled down to what you need to know. In today's video, we cover the following:

  • Duke Energy (NYS: DUK) reported earnings and is working to go forward with its acquisition of Progress Energy (NYS: PGN) .
  • GM (NYS: GM) enjoyed a record profit for its full 2011 fiscal year. However, the automaker said it will freeze the company's pension plan for 19,000 workers as GM moves them over to a 401(k) plan.
  • AT&T (NYS: T) is eyeing new deals in hopes of increasing its spectrum. But the carrier's interest in Dish Network (NAS: DISH) could turn up empty-handed, because Dish has plans to build out a high-speed wireless network of its own.

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At the time this article was published Fool contributor Tamara Rutter owns shares of Duke Energy. Follow her on Twitter using the handle @TamaraRutterfor daily roundup coverage and other Foolish insights.Motley Fool newsletter services have recommended buying shares of General Motors. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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