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Last updated on April 17, 2014 at 10:06 EDT

Latest PPL Corporation Stories

2013-09-14 08:21:11

BERWICK, Pa., Sept. 14, 2013 /PRNewswire/ -- Operators at PPL Corporation's Susquehanna nuclear power plant began shutting down Unit 2 early Saturday (9/14) to inspect its turbine blades. Data from the extensive vibration monitoring equipment installed on the turbine indicates that two turbine blades may have developed small cracks. "After consultation with the equipment manufacturer, we have decided to take the most conservative action and shut down the unit to investigate," said...

2013-09-03 12:22:02

ALLENTOWN, Pa., Sept. 3, 2013 /PRNewswire/ -- Paul Farr, executive vice president and Chief Financial Officer of PPL Corporation (NYSE: PPL), will discuss PPL's general business outlook with investors and financial analysts at the Barclays Capital CEO Energy-Power Conference on Wednesday, Sept. 11. Farr's presentation will be webcast live at 11:45 a.m. Eastern time. The webcast will be accessible through PPL's website, www.pplweb.com. An archived replay will be available for 30 days...

2013-08-23 12:20:42

ALLENTOWN, Pa., Aug. 23, 2013 /PRNewswire/ -- PPL Corporation (NYSE: PPL) declared a quarterly common stock dividend on Friday (8/23) of $0.3675 per share payable Oct. 1, 2013, to shareholders of record as of Sept. 10, 2013. It is PPL Corporation's 271st consecutive quarterly dividend. With 2012 revenues of more than $12 billion, PPL Corporation is one of the largest companies in the U.S. utility sector. The PPL family of companies delivers electricity and natural gas to about 10...

2013-08-07 12:22:08

ALLENTOWN, Pa., Aug. 7, 2013 /PRNewswire/ -- Paul Farr, executive vice president and Chief Financial Officer of PPL Corporation (NYSE: PPL), will participate in a panel discussion on Thursday, Aug. 8, at the Goldman Sachs Power and Utilities Conference in New York. Farr is part of a panel on "Capital Allocation across Different Businesses and Different Stakeholders" that begins at 11:30 a.m. Eastern time. The panel will be webcast live on PPL's website, www.pplweb.com. Go to the...

2013-08-01 08:22:29

-- Quarterly earnings higher compared with 2012 ALLENTOWN, Pa., Aug. 1, 2013 /PRNewswire/ -- PPL Corporation (NYSE: PPL) on Thursday (8/1) announced second-quarter 2013 reported earnings of $405 million, or $0.63 per share, up from $271 million, or $0.46 per share, a year ago. For the first six months, PPL's reported earnings were $818 million, or $1.28 per share, compared with $812 million, or $1.39 per share, in the first six months of 2012. Adjusting for special items, PPL's...

2013-07-24 12:22:52

ALLENTOWN, Pa., July 24, 2013 /PRNewswire/ -- PPL Corporation (NYSE: PPL) will issue second-quarter 2013 earnings results before the stock market opens on Thursday, Aug. 1. William H. Spence, PPL chairman, president and chief executive officer, along with other members of PPL's executive team, will discuss quarterly results and the company's general business outlook during a conference call with analysts that begins at 8:30 a.m. Eastern Time. The call will be available online...

2013-07-22 08:21:59

BERWICK, Pa., July 22, 2013 /PRNewswire/ -- Operators reconnected the Unit 1 reactor at PPL's Susquehanna nuclear power plant to the regional electric grid Sunday (7/21), after repairing one of four valves that control the amount of steam going into the turbine. Unit 2 is operating at full power. The Susquehanna plant, located in Luzerne County about seven miles north of Berwick, is owned jointly by PPL Susquehanna LLC and Allegheny Electric Cooperative Inc. and is operated by PPL...

2013-07-21 08:20:08

BERWICK, Pa., July 21, 2013 /PRNewswire/ -- Operators disconnected Unit 1 at PPL Corporation's Susquehanna nuclear power plant in northeastern Pennsylvania from the regional power grid Sunday (7/21) to repair one of four valves that control the amount of steam going into the turbine. "Repairing the valve reflects our conservative approach to operating the plant safely and reliably," said Timothy S. Rausch, PPL Susquehanna senior vice president and Chief Nuclear Officer. "The repair...

2013-07-01 08:21:52

ALLENTOWN, Pa., July 1, 2013 /PRNewswire/ -- PPL Corporation's (NYSE: PPL) subsidiary in the United Kingdom completed a key milestone in that country's new price control review process on Monday (7/1) by submitting detailed 8-year business plans for its four electricity distribution networks, which serve 7.8 million customers in central and southwest England and south Wales. The plans were filed with the Office of Gas and Electricity Markets (Ofgem), the agency that regulates...

2013-06-27 12:23:45

ALLENTOWN, Pa., June 27, 2013 /PRNewswire/ -- PPL Corporation ("PPL" or the "Company") (NYSE: PPL) today announced the final terms for the July 1, 2013 (the "Settlement Date") settlement of its 2010 Equity Units (CUSIP 69351T 601, NYSE: PPL PR U). On the Settlement Date, PPL will issue an aggregate of 40,031,500 shares of its Common Stock to the holders of the Company's 2010 Equity Units in respect of the stock purchase contracts constituting a part thereof, as provided under the...