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Stock Market & Financial Investment News

News Breaks
December 28, 2012
11:47 EDTPPLPPL subsidiary submits Northeast-Pocono Reliability Project to PUC for approval
PPL Electric Utilities has submitted the Northeast-Pocono Reliability Project to the Pennsylvania Public Utility Commission, or PUC, for approval. The project will improve electric service for 250,000 people in northeast Pennsylvania and the Poconos. It will involve construction of three new electrical substations and a new 230-kilovolt power line. The PUC review process generally takes about one year, during which there are opportunities for additional public input. The project, which will cost about $200M, will serve customers in parts of Lackawanna, Monroe, Wayne, Pike, Carbon and Luzerne counties.
News For PPL From The Last 14 Days
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April 4, 2014
10:02 EDTPPLOn The Fly: Analyst Downgrade Summary
Antero Resources (AR) downgraded to Buy from Strong Buy at ISI Group... Cobalt (CIE) downgraded to Buy from Strong Buy at ISI Group... Franklin Resources (BEN) downgraded to Market Perform at Keefe Bruyette... Hasbro (HAS) downgraded to Hold from Buy at Needham... PPL Corp. (PPL) downgraded to Neutral from Outperform at Macquarie... Sonic (SONC) downgraded to Neutral from Buy at Buckingham... Vodafone (VOD) downgraded to Neutral from Buy at Nomura... AutoZone (AZO) downgraded to Neutral from Outperform at RW Baird... Advance Auto Parts (AAP) downgraded to Neutral from Outperform at RW Baird... LinnCo (LNCO) downgraded to Neutral from Buy at Citigroup... LINN Energy (LINE) downgraded to Neutral from Buy at Citigroup... General Mills (GIS) downgraded to Hold from Buy at Argus.
06:33 EDTPPLPPL Corp. downgraded to Neutral from Outperform at Macquarie
Macquarie downgraded PPL Corp due to full valuation and lack of further optimization in the merchant power portfolio. Price target remains $33.

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