Wednesday, November 19, 2008
What You Need To Get A Business Credit Line
ALLENTOWN, Pa., Jan. 31 /PRNewswire-FirstCall/ -- Driven by gains from the sale of its Latin American delivery businesses and improved margins from its unregulated energy supply business, PPL Corporation (NYSE: PPL) on Thursday (1/31) reported 2007 earnings of $3.40 per share, compared with $2.24 per share a year ago.
Excluding special items, PPL's earnings from ongoing operations for 2007 were $2.60 per share, an increase of 16 percent over a year ago.
"While PPL's strong reported earnings in 2007 resulted in large part from the sale of our Latin American businesses, the solid growth in our unregulated energy supply business led to record 2007 earnings from ongoing operations as well," said James H. Miller, PPL's chairman, president and chief executive officer. read more
