Quantcast
Last updated on April 23, 2014 at 1:22 EDT

Latest PPL Corporation Stories

2013-06-25 16:22:38

ALLENTOWN, Pa., June 25, 2013 /PRNewswire/ -- PPL Corporation (NYSE: PPL) has scheduled a conference call with financial analysts on Monday, July 1, at 8:30 a.m. Eastern time. William H. Spence, PPL chairman, president and Chief Executive Officer, along with other members of PPL's executive management team, will discuss plans that PPL's Western Power Distribution subsidiary will submit July 1 as part of the price control review process for electricity distribution networks in the...

2013-06-05 08:22:31

BERWICK, Pa., June 5, 2013 /PRNewswire/ -- Unit 2 at PPL's Susquehanna nuclear power plant resumed generating electricity for the regional electric grid on Wednesday (6/5) following a successful refueling and maintenance outage that included extensive inspections and plant improvements. "The major investments we made and continue to make during refueling outages reflect our long-term commitment to the safe and reliable operation of the plant," said Timothy S. Rausch, senior vice president...

2013-05-20 16:22:26

ALLENTOWN, Pa., May 20, 2013 /PRNewswire/ -- By a unanimous 9-0 decision, the U.S. Supreme Court overturned a federal appeals court ruling on Monday (5/20) that had denied PPL Corporation's claim of a credit against its U.S. income taxes for a "windfall tax" paid to the government of the United Kingdom. In the decision, the Supreme Court ruled that "the economic substance of the U.K. windfall tax is that of a U.S. income tax ... therefore the tax is creditable. "We agree with PPL and...

2013-05-15 12:24:05

ALLENTOWN, Pa., May 15, 2013 /PRNewswire/ -- The top executive of PPL Corporation (NYSE: PPL) told shareowners at the company's annual meeting in Bethlehem, Pa., on Wednesday (5/15) that investors are responding positively to the company's strong operating and financial performance since its acquisitions of utilities in Kentucky and the United Kingdom. "Our strong performance in 2012 clearly illustrates our ability to deliver significant value for shareowners from our acquisitions," said...

2013-05-15 08:24:51

ALLENTOWN, Pa., May 15, 2013 /PRNewswire/ -- PPL Corporation (NYSE: PPL) declared a quarterly common stock dividend on Wednesday (5/15) of $0.3675 per share payable July 1, 2013, to shareholders of record as of June 10, 2013. This is PPL Corporation's 270th consecutive quarterly dividend. With annual revenue 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 million...

2013-05-09 08:23:03

BERWICK, Pa., May 9, 2013 /PRNewswire/ -- Operators at PPL's Susquehanna nuclear power plant disconnected Unit 1 from the regional power grid early Thursday (5/9) at the start of a scheduled outage to install turbine modifications. The modifications are the first phase of a long-term plan that is expected to resolve the turbine blade issues that have affected plant operations in recent years. "Our conservative approach to resolve the issue by carefully monitoring blade performance and...

2013-05-02 08:26:44

--Announces solid increases in results from regulated businesses ALLENTOWN, Pa., May 2, 2013 /PRNewswire/ -- PPL Corporation (NYSE: PPL) announced first-quarter 2013 reported earnings on Thursday (5/2) of $413 million, or $0.65 per share, a decrease from $541 million, or $0.93 per share, a year ago. Adjusting for special items, quarterly earnings from ongoing operations were $454 million, or $0.71 per share, an increase from $409 million, or $0.70 per share, in the first...

2013-05-01 12:23:03

Commercial and industrial energy users have a new supply choice WASHINGTON, May 1, 2013 /PRNewswire/ -- PPL EnergyPlus has expanded its retail electricity supply products and services into the PEPCO territory of the District of Columbia to offer commercial, industrial and institutional customers the potential to save on their energy supply costs and to improve the efficiency of their energy procurement and utilization practices. Building off its success as an energy supplier in...

2013-04-25 12:23:42

ALLENTOWN, Pa., April 25, 2013 /PRNewswire/ -- PPL Corporation (NYSE: PPL) will issue consolidated first-quarter 2013 earnings results before the stock market opens on Thursday, May 2. 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...

2013-04-18 16:23:36

ALLENTOWN, Pa., April 18, 2013 /PRNewswire/ -- PPL Corporation (NYSE: PPL) announced Thursday (4/18) that David K. Arthur, who has more than 20 years of Washington experience, has been named the company's Federal Government Relations vice president. (Photo: http://photos.prnewswire.com/prnh/20130418/PH97401 ) Arthur will replace Paulette C. Pidcock, who is retiring May 1 after more than three decades of representing major companies in the U.S. utility sector. She has served as PPL's vice...