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Stock Market & Financial Investment News

News Breaks
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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September 11, 2014
18:21 EDTPPLFed Appeals Court sides with PPL, affirms NJ Court decision on new power plants
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