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Stock Market & Financial Investment News

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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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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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