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Friday 2 October 2015
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News Report on: Best Buy (NYSE:BBY), Devon Energy (NYSE:DVN), Duke Energy (NYSE:DUK), Carnival (NYSE:CCL)

On Friday, Best Buy Co Inc (NYSE:BBY)’s shares declined -0.27% to $36.62.

The Board of Directors of Best Buy Co., Inc. (BBY) has authorized the payment of a regular quarterly cash dividend of $0.23 per common share. The quarterly dividend is payable on October 6, 2015, to shareholders of record as of the close of business on September 15, 2015. The company had 344,258,055 shares of common stock issued and outstanding as of August 1, 2015.

Best Buy Co., Inc. operates as a retailer of technology products, services, and solutions in the United States and internationally. Its stores offer consumer electronics comprising primarily of television and home theaters; digital cameras and camcorders; DVD and Blu-ray players; portable electronics, such as MP3 devices, headphones and speakers, car stereo, navigation and satellite radio; and related accessories.

Devon Energy Corp (NYSE:DVN)’s shares dropped -1.69% to $40.14.

Devon Energy Corp. (DVN) declared that Dave Hager, president and chief executive officer, will present at the UBS Houston Energy Bus-less Tour on Thursday, Sept. 17, 2015, at 2 p.m. CT.

Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids (NGLs) in the United States and Canada. It holds interests in various properties located in Anadarko Basin, Barnett Shale, Eagle Ford, Mississippian-Woodford Trend, Permian Basin, and Rockies in the United States, in addition to in the Jackfish and Pike heavy oil projects located in Alberta, Canada. As of December 31, 2014, the company had 689 MMBoe of proved undeveloped reserves. It operates about 19,000 wells.

At the end of Friday’s trade, Duke Energy Corp (NYSE:DUK)‘s shares dipped -1.47% to $68.26.

Duke Energy Progress is committed to assisting customers reduce energy consumption and resulting costs through energy-efficiency programs and assistance for low-income customers.

Through 2014, the company’s programs have enabled customers to reduce peak demand by almost 9 percent as a result of our energy efficiency programs. On Tuesday, Duke Energy Progress made its annual filing with the Public Service Commission of South Carolina (PSCSC) to recover the costs of implementing these programs.

The total monthly impact of the rate change for a residential customer using 1,000 kWh per month is an enhance of $3.07. If approved, these customers’ bills would enhance from $101.20 to $104.27 per month. The new rates would become effective Jan. 1, 2016.

For non-residential customers, the impact will vary based on the opt-out elections made by the customer. A non-residential customer that take parts in all of the company’s programs and pays all rider amounts would see an enhance of $3.57 per month for 1,000 kWh usage.

Duke Energy Corporation, together with its auxiliaries, operates as an energy company in the United States and Latin America. It operates through three segments: Regulated Utilities, International Energy, and Commercial Power. The Regulated Utilities segment generates, transmits, distributes, and sells electricity in the Carolinas, Florida, Ohio, Kentucky, and Indiana; and transports and sells natural gas in southwestern Ohio and northern Kentucky .

Carnival Corp(NYSE:CCL), ended its Friday’s trading session with -0.95% loss, and closed at $48.93.

Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) declared a quarterly cash dividend of $0.30 (U.S.) per share. The dividend is payable on September 11, 2015, to shareholders of record on August 21, 2015.

Holders of Carnival Corporation common stock or Carnival plc ADSs will receive a dividend payable in U.S. dollars. The dividend for Carnival plc ordinary shares will be payable in sterling unless shareholders elected to receive the dividend in U.S. dollars by August 21, 2015.

Carnival Corporation operates as a cruise company worldwide. It provides vacations to various cruise destinations. The company offers cruise services under the Carnival Cruise Lines, Holland America Line, Princess Cruises, and Seabourn brand names in North America; and AIDA Cruises, Costa Cruises, Cunard, and P&O Cruises names in Europe, Australia, and Asia. It operates 100 cruise ships. It also owns and operates 12 hotels or lodges, and about 300 motor coaches and 20 glass-domed railcars.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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