• Standard & Poor's put the combined Duke Energy and its subsidiaries on its credit watch list, saying, "The CreditWatch listings reflect unresolved issues on corporate governance, merger integration execution, and management of pending operational challenges."
• Former directors of Progress Energy, absorbed in the July 2 merger, are upset, including one who wrote to The Wall Street Journal saying, "I do not believe that a single director of Progress would have voted for this transaction as structured with the knowledge that the CEO of Duke, Jim Rogers, would remain as the CEO of the combined company."
• The North Carolina Utilities Commission is reportedly discussing internally whether to investigate whether Progress and Duke lied in saying Johnson would be CEO of the combined company when they sought approval for the merger.

From the article:

Pressure is building on Duke Energy to explain why it ousted Bill Johnson as CEO this week, as former Progress Energy board members break their silence and express outrage at what they term a calculated deception.