PPL on Aug. 1 reported declines in both second-quarter and first-half earnings for 2008, compared with the same periods of 2007. PPL’s reported earnings in the most recent quarter were $0.50 per share, compared with $0.88 per share a year ago. For the first six months of 2008, PPL reported earnings of $1.19 per share, compared with $1.41 per share a year ago. >> read more

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