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Stock Market & Financial Investment News

News Breaks
February 28, 2014
07:28 EDTPPLPPL Corp. subsidiaries in United Kingdom accepted for 'fast tracking'
PPL Corporation received official confirmation that business plans submitted by its four Western Power Distribution subsidiaries in the United Kingdom have been accepted in full, subject to a cost of equity change, for the 8-year price control period starting April 1, 2015. In announcing its final "fast track" decision for the WPD subsidiaries, the Office of Gas and Electricity Markets issued a final determination of base revenues for the period, and operating results that must be delivered in order to earn bonus revenue for exceptional performance.
News For PPL From The Last 14 Days
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July 25, 2014
08:51 EDTPPLPPL Corp. multiple likely to rise, says Argus
After PPL announced an agreement with Riverstone Holdings to combine their merchant power businesses into a new publicly traded independent power producer, Argus thinks the regulated businesses retained by PPL will support steady earnings and dividend growth. The firm thinks that investors will respond by awarding the stock higher multiples. It keeps a Buy rating on the shares.

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