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Stock Market & Financial Investment News

News Breaks
November 30, 2012
05:22 EDTPPLPPL's operators restart Unit 2 at Susquehanna nuclear plant
Operators at PPL's Susquehanna nuclear power plant reconnected Unit 2 to the regional power grid Thursday after repairing a hydraulic system associated with the unit's main turbine. The hydraulic system operates valves that enable steam to bypass the turbine during startup and certain operating conditions. Plant operators detected the leaks as part of routine inspections during startup procedures while at very low power levels. Operators then followed established procedures and safely shut down Unit 2 to allow for repairs. The oil leaks did not affect employee or public safety. Employees quickly cleaned up the leaks and properly disposed of the oil. Unit 1 continues operating safely at full power.
News For PPL From The Last 14 Days
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May 21, 2015
17:20 EDTPPLTalon Energy Corp. to replace Windstream in S&P 400 as of 6/1 close
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May 20, 2015
11:13 EDTPPLPPL Corp. Chairman says company poised for growth following spinoff
PPL Corporation Chairman William Spence said the company is well-positioned for continued growth and success following the planned June 1 spinoff of its competitive supply business. PPL expects to achieve compound annual earnings growth of 4%-6% percent through at least 2017. The company is set to complete the spinoff of its PPL Energy Supply business on June 1. That business will combine immediately upon spinoff with the competitive generation business of Riverstone Holdings LLC to form a new independent power producer named Talen Energy Corporation.

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