New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 30, 2014
14:27 EDTPPLPPL Corp. reaffirms FY14 EPS view of $2.15-$2.30 following S&P ratings action
PPL Corp. noted that Standard & Poor's Rating Services lowered its corporate credit rating on the company's wholly owned subsidiary PPL Energy Supply from BBB to BB+ with a stable outlook. PPL does not expect the downgrade to have a material effect on PPL Energy Supply's financial condition and results of operations, it said. Consequently, PPL is affirming its forecast of 2014 ongoing EPS of $2.15-$2.30. Consensus $2.23.
News For PPL From The Last 14 Days
Check below for free stories on PPL the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
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.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use