Las Vegas, NV -- (SBWIRE) -- 01/25/2013 -- PennyStockParlay.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-
Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR) shares were up by $2.70 or 6.59% to close at $43.78 on Thursday after a Key Banc analyst Akshay Jagdale gave an upbeat assessment of the company's near-term prospects.
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The analyst kept a "buy" on the company's shares and a $55 price target saying that he believes a price war over single-serve coffee pods will erupt once the company's key patents expire in September.
But he said that shortage of single-serve coffee products that will help Green Mountain.
Jagdale said he feels more confident about the company's ability to meet or beat its 2013 guidance, given the unlikely price war and lower prices.
Duke Energy Corp (NYSE:DUK) regulated utilities said that delay is likely ahead for the proposed Lee Nuclear Station, but says his company remains committed to the project.
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“I think it will be a while before Lee shows up” in construction plans, said Lloyd Yates, Duke’s executive vice president for regulated utilities to the S.C. Public Service Commission.
“The economy’s down and that has meant slow load growth,” he said. “It’s about 1% a year now, and it takes a lot of time at that rate to justify another 1,100 megawatts.”
Duke’s most recent estimate for the cost of the project exceeds $11 billion and has spent about $300 million on planning and preparing to file for Lee’s license.
The commission also asked Yates about negotiations for Duke Energy Carolinas to buy up to 10% of the V.C. Summer nuclear plant, which SCANA Corp. and Santee Cooper are building in South Carolina.
Shares of Duke Energy Corp rose by 39 cents or 0.58% to close at $67.80 on Thursday.
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