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Duke Energy SC prez takes new job

Duke Energy’s president for South Carolina, Catherine Heigel, is going to work for an electrical transmission-system company serving the Midwest.

Lowe's 1Q profit up, but cuts 2012 profit outlook

Lowe's Cos.' first-quarter profit climbed 14 percent as warmer weather helped boost sales earlier in the quarter. But the world's second-biggest home-improvement company lowered its full-year earnings forecast on Monday, saying it's still cautious because of the weak housing market and other economic conditions.

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