Orlando, FL -- (SBWIRE) -- 10/11/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On PPL Corporation(NYSE:PPL), NIKE, Inc. (NYSE:NKE).
PPL Corporation(NYSE:PPL) shares gained 1.77% to $30.53. The Office of Gas and Electricity Markets (Ofgem) on Oct. 10 has informed PPL Corporation (NYSE: PPL) that it expects to announce on Nov. 22 its Initial Assessment and Fast Track Draft Determination as part of the agency's price control review process for electric distribution networks in England, Wales and Scotland. The draft determination will indicate whether any of PPL's four Western Power Distribution subsidiaries in the United Kingdom may receive accelerated consideration of their business plans. Ofgem's price control review process, called RIIO ED-1, will determine base revenues for an 8-year period starting April 1, 2015.
Are investors worried about the recent updates with PPL? Find out with a free trend analysis HERE
NIKE, Inc. (NYSE:NKE) stock jumped 3.60% to $73.44. In just10 days Nike will host 30,000 women as they take on San Francisco's vistas and hills for the10th-anniversary Nike Women's Marathon on Oct.20. To commemorate themilestone, Nike announced the launch of the Nike X Collection and showcase trunk in collaboration with New York-based artistKate McCollough.
Additionally, the company on Oct. 9 hosted investors at its world headquarters and announced its goal to deliver $36 billion in revenue by fiscal year 2017. The company also stated it expects to deliver revenues of $30 billion by fiscal year 2015, at the top end of its previously announced target range of $28-30 billion. The Company expects NIKE Brand growth across its business portfolio of geographical business units, product types, businesses and categories.
Is NKE going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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