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Stock Market & Financial Investment News

News Breaks
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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September 11, 2014
18:21 EDTPPLFed Appeals Court sides with PPL, affirms NJ Court decision on new power plants
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September 4, 2014
18:34 EDTPPLPPL Corp. agreement to sell hydroelectric facilities wins regulatory approval
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September 3, 2014
07:48 EDTPPLPPL Corp. to reaffirm FY14 ongoing EPS view $2.20-$2.40, consensus $2.27
SVP and CFO Vincent Sorgi will make a presentation and discuss the company's general business outlook with investors and financial analysts at the 2014 Barclays Capital CEO Energy-Power Conference. At this conference, Sorgi is expected to reaffirm the Company's previously announced 2014 ongoing earnings forecast of $2.20 to $2.40 per share and 2014 reported earnings forecast of $1.70 to $1.90 per share. The company says it is on target with project cost savings and synergies.

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