UBS Remains Bullish on PPL Corp. (PPL) Following Long-Term Outlook Update
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PPL Electric Utilities warns customers of sophisticated phone scam
August 10, 2016 9:41 AM EDTALLENTOWN, Pa., Aug. 10, 2016 /PRNewswire/ --Â PPL Electric Utilities is warning its customers to be aware of a phone scam in which calls appear to come from the utility and mimic the company's call center.
Customers are being called and told their account is delinquent and they need to make an immediate payment or have their electricity shut off. In many cases, customers are being told to pay with prepaid debit cards. They are being instructed to call a phony call center, where they are prompted to enter their account information.
In one brazen... More
PPL Corporation Reports Second-Quarter Earnings
August 9, 2016 7:00 AM EDTALLENTOWN, Pa., Aug. 9, 2016 /PRNewswire/ --Â PPL Corporation (NYSE: PPL) on Tuesday (8/9) announced second-quarter 2016 reported earnings (GAAP) of $483 million, or $0.71 per share, compared with a second-quarter 2015 loss of $757 million, or $1.13 per share. Second-quarter 2015 results reflected a $1 billion loss, or $1.50 per share, from discontinued operations associated with the June 1, 2015 spinoff of PPL's competitive supply business.
Reported earnings for the first six months of 2016 were $964 million, or $1.41 per share. This compares with a loss of $110 million, or $0.17 per share, for the first six months of 2015, which included a loss from discontinued operations of $912 million, or $1.36... More
