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Latest PPL Corporation Stories

2014-03-20 08:22:53

BERWICK, Pa., March 20, 2014 /PRNewswire/ -- Operators at PPL's Susquehanna nuclear power plant disconnected the Unit 2 reactor from the electrical grid Thursday (3/20) to repair a valve on a non-safety-related water supply pump. Shutting down the unit will establish the working conditions needed to perform the required maintenance on this valve. Unit 1 continues to operate at full power. The Susquehanna plant, located in Luzerne County about seven miles north of Berwick, is owned...

2014-03-01 08:20:10

BERWICK, Pa., March 1, 2014 /PRNewswire/ -- Operators at PPL's Susquehanna nuclear power plant disconnected the Unit 2 reactor from the electrical grid early Saturday (3/1) to perform a planned inspection of turbine blades. While the plant currently does not have any indications of turbine blade cracking, Susquehanna has been working closely with the turbine manufacturer to resolve turbine blade issues, and any inspection indications will be addressed proactively during this...

2014-02-28 08:21:55

Ofgem sets base revenues for price control period beginning April 1, 2015; PPL reaffirms projected earnings ranges for U.K. business segment ALLENTOWN, Pa., Feb. 28, 2014 /PRNewswire/ -- PPL Corporation (NYSE: PPL) received official confirmation Friday (2/28) 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....

2014-02-17 16:20:23

ALLENTOWN, Pa., Feb. 17, 2014 /PRNewswire/ -- PPL Corporation (NYSE: PPL) said Monday (2/17) that its Western Power Distribution subsidiaries in the United Kingdom have accepted a decision by the Office of Electricity and Gas Markets (Ofgem) to set the real cost of equity at 6.4 percent as part of its ongoing price control review process. Western Power Distribution's four subsidiaries own and operate electricity distribution networks that serve 7.8 million customers in central and...

2014-02-06 08:22:59

-- Earnings from ongoing operations of $2.45 per share exceed both 2013 forecast range and 2012 results ALLENTOWN, Pa., Feb. 6, 2014 /PRNewswire/ -- PPL Corporation (NYSE: PPL) on Thursday (2/6) announced reported earnings for 2013 of $1.13 billion, or $1.76 per share, compared with $1.53 billion, or $2.60 per share in 2012, and an increase in its common stock dividend. Earnings from ongoing operations were $1.59 billion, or $2.45 per share. That result exceeded the 2013 forecast range of...

2014-02-03 23:20:50

Transaction and application monitoring leader starts off 2014 with another success. Research Triangle Park, NC (PRWEB) February 03, 2014 BlueStripe Software, a leading provider of transaction and application monitoring solutions, today announced that PPL Corporation (PPL) has selected BlueStripe’s FactFinder software to manage Application and Transaction Performance for critical business applications. PPL’s IT Operations team will incorporate FactFinder into the company’s end-to-end...

2014-01-29 08:23:45

ALLENTOWN, Pa., Jan. 29, 2014 /PRNewswire/ -- PPL Corporation (NYSE: PPL) will release consolidated fourth-quarter and year-end 2013 earnings results, and issue 2014 earnings guidance, before the stock market opens on Thursday, Feb. 6. William H. Spence, PPL chairman, president and Chief Executive Officer, along with other members of PPL's executive team, will discuss quarterly and annual results and the company's general business outlook during a conference call with financial...


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