PPL Corporation (NYSE: PPL) and E.ON AG today announced a definitive agreement under which PPL will acquire E.ON U.S. LLC, the parent company of Kentuckys two major utilities, Louisville Gas & Electric Company and Kentucky Utilities Company. These high-performing utilities serve 1.2 million customers, principally in Kentucky.rnr
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Industries
Ben Franklin approves investments
The Ben Franklin Technology Partners of Northeastern Pennsylvanias (BFTP/NEP) Board of Directors approved the investment of $393,146 in support of regional economic development. The investments are with five early-stage technology companies and two established manufacturers. rn r
Read More »VIST raises $5.2 million through stock sale
WYOMISSING, Pa., April 23 /PRNewswire-FirstCall/ -- VIST Financial Corp. (Nasdaq: VIST) announced today that it has entered into purchase agreements which will raise $5.2 million in new capital through the issuance of 644,000 shares of common stock to two institutional investors who specialize in the banking sector, at a price of $8.00 a share.rnr
Read More »Earnings up 15 percent at Air Products
LEHIGH VALLEY, Pa. (April 22, 2010) Air Products (NYSE:APD) today reported net income of $267 million, or diluted earnings per share (EPS) of $1.23, for its fiscal second quarter ended March 31, 2010. This result excludes an after-tax charge of $15 million, or $0.07 per share, for costs associated with the tender offer for the outstanding shares of Airgas, Inc.rnr
Read More »National Penn shows 1Q profit after 4Q loss
National Penn Bancshares, Inc.
Read More »PPL power purchase could mean price drop
The Pennsylvania Public Utility Commission has approved the results of PPL Electric Utilities latest competitive power purchase for residential and small-business customers who do not choose their own generation suppliers.rnr
Read More »Grant to help Schuylkill River project
POTTSTOWNThe Schuylkill River Heritage Area (SRHA) has received a two-year, $719,000 grant from the Philadelphia-based William Penn Foundation to improve the Schuylkill River Trail and strengthen the trails economic development potential.r
Read More »Ben Franklin names Innovation Award Winners
The Ben Franklin Technology Partners of Northeastern Pennsylvania has announced the winners of the Northeastern Pennsylvania Innovation Awards. Winners will be honored at the Ben Franklin i xchange event, scheduled for 5:30 PM on Wednesday, May 12th at the Zoellner Arts Center at Lehigh University.rn r
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