Updated 2:34 p.m.
Duke Energy says its response to Hurricane Matthew last month could end up costing about $200 million. That news came as CEO Lynn Good told Wall Street analysts the company's latest quarterly profits were up.
The nation's largest utility said warmer summer weather boosted energy use - and profits - during the quarter that ended Sept. 30. Cost-cutting also helped lift profits to just under $1.2 billion dollars, up from $932 million a year earlier.