PPL Corp. (PPL) Sees $39M Charge Related to Court Opinion, Had Previously Expected $25-$30M Charge
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Price: $35.95 -0.19%
Financial Fact:
Dividends Declared Per Share of Common Stock: 0.38
Today's EPS Names:
MSGM, SMID, VISL, More
Financial Fact:
Dividends Declared Per Share of Common Stock: 0.38
Today's EPS Names:
MSGM, SMID, VISL, More
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In a Form 8-K just released, PPL Corp. (NYSE: PPL) said it expects to record a $39 million charge during FY11 related to the recent court opinion related to the 1997 UK Windfall Profits Tax. The company had previously modeled for a $25-$30 million charge.
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