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Stock Market & Financial Investment News

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June 25, 2014
07:05 EDTPPLPPL Corp. shuts down Unit 2 at Susquehanna Nuclear Power Plant for inspection
Operators at PPL Corporation's Susquehanna nuclear power plant began shutting down Unit 2 to inspect its turbine blades. Data from the extensive vibration monitoring equipment installed on the turbine indicates that a few turbine blades may have developed small cracks. While the unit is shut down, workers will perform additional maintenance activities that can be done only when the unit is not operating. Unit 1 continues to operate at full power. The financial impact of the current outage is not expected to be material.
News For PPL From The Last 14 Days
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July 30, 2014
15:40 EDTPPLNotable companies reporting before tomorrow's open
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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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