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Last updated on April 18, 2014 at 16:41 EDT

Latest PPL Corporation Stories

2012-11-20 00:21:46

BERWICK, Pa., Nov. 19, 2012 /PRNewswire/ -- Unit 2 at PPL Corporation's Susquehanna nuclear power plant in Luzerne County, Pa., resumed generating electricity for the regional power grid safely and reliably on Monday (11/19) after completing a turbine blade inspection and repairing a computer system that malfunctioned on Nov. 9, causing operators to shut down the reactor. The previously announced turbine inspection revealed signs of cracking on a small number of blades. Those blades have...

2012-11-16 12:21:30

ALLENTOWN, Pa., Nov. 16, 2012 /PRNewswire/ -- PPL Corporation (NYSE: PPL) declared a quarterly common stock dividend on Friday (11/16) of $0.36 per share payable Jan. 2, 2013, to shareholders of record as of Dec. 10, 2012. This is PPL Corporation's 268th consecutive quarterly dividend. PPL Corporation, headquartered in Allentown, Pa., through its affiliates owns or controls about 19,000 megawatts of generating capacity in the United States, sells energy in key U.S. markets, and delivers...

2012-11-09 04:20:29

BERWICK, Pa., Nov. 9, 2012 /PRNewswire/ -- Operators at PPL's Susquehanna nuclear power plant safely shut down the Unit 2 reactor Friday (11/9) because a computer system that controls the reactor's water level was not functioning properly. Operators manually shut down the reactor when they identified the malfunction and plant systems responded as designed. Susquehanna employees are investigating the reason for the loss of the computer system. "Our operators are well-trained to manage...

2012-11-08 12:24:21

ALLENTOWN, Pa., Nov. 8, 2012 /PRNewswire/ -- PPL Corporation announced Thursday (11/8) that it has again been designated one of the 2013 Top 100 Military Friendly Employers® by G.I. Jobs magazine. This is the second consecutive year PPL has earned this recognition. The company ranked No. 73 this year, up more than 20 spots from last year. The list was drawn from a sample of 5,000 eligible companies. Criteria included the strength of company military recruiting efforts, the percentage...

2012-11-08 08:25:16

ALLENTOWN, Pa., Nov. 8, 2012 /PRNewswire/ -- PPL Corporation (NYSE: PPL) announced on Thursday (11/8) third-quarter reported earnings of $355 million, or $0.61 per share, down from $444 million, or $0.76 per share, a year ago. For the first nine months of 2012, PPL's reported earnings were $1.17 billion, or $2.00 per share, compared with $1.04 billion, or $1.91 per share, for the first nine months of 2011. Adjusting for special items, PPL's third-quarter earnings from ongoing operations...

2012-11-07 20:22:46

BERWICK, Pa., Nov. 7, 2012 /PRNewswire/ -- Unit 1 at PPL Corporation's Susquehanna nuclear power plant in Luzerne County, Pa., resumed generating electricity for the regional power grid safely and reliably on Wednesday (11/7) after completing a turbine blade inspection. The inspection found signs of cracking on a small number of turbine blades, confirming data from diagnostic equipment installed in the spring of 2012. Those blades were replaced. "The inspection was another step in what has...

2012-11-07 08:23:59

ALLENTOWN, Pa., Nov. 7, 2012 /PRNewswire/ -- Senior management of PPL Corporation (NYSE: PPL) will outline the company's strategy and general business outlook to investors and financial analysts at the Edison Electric Institute's 47th annual financial conference in Phoenix, Ariz., on Nov. 13 at 11:45 a.m. Eastern Time. The presentation will be broadcast live, online, in audio format along with slides, on PPL's website, www.pplweb.com. Those unable to listen to the live webcast may access an...

2012-11-01 11:22:31

ALLENTOWN, Pa., Nov. 1, 2012 /PRNewswire/ -- PPL Corporation (NYSE: PPL) plans to issue its consolidated third-quarter 2012 earnings results before the stock market opens on Nov. 8. William H. Spence, PPL chairman, president and chief executive officer, and other members of PPL's executive management team will discuss the quarter's results and the company's general business outlook during a conference call with financial analysts at 9 a.m. (EST) that day. The call will be available online...

2012-10-20 07:20:03

BERWICK, Pa., Oct. 20, 2012 /PRNewswire/ -- Operators at PPL's Susquehanna nuclear power plant safely shut down the Unit 1 reactor Saturday (10/20) to begin an inspection of turbine blades. The previously announced inspection will help confirm diagnostic data that is expected to result in a long-term solution to the issue of turbine blade cracking that was first identified in 2011. "The inspections are part of our systematic and deliberate approach to this issue and reflect our...

2012-10-05 02:21:38

BERWICK, Pa., Oct. 5, 2012 /PRNewswire/ -- PPL's Susquehanna nuclear power plant has reduced electricity output on both of its generating units and is preparing for a planned shutdown of the Unit 1 reactor later this month for additional turbine inspection, as the company looks to confirm data provided by new instrumentation that could lead to finalization of a plan to resolve the issue of turbine blade cracking that was first identified in 2011. Pending the outcome of the Unit 1...