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Transportation & Distribution

Fulton makes $230 million stock offering

LANCASTER, PA--(Marketwire - April 29, 2010) - Fulton Financial Corporation (NASDAQ: FULT) today announced that it has commenced an underwritten public offering of approximately $230 million of its common stock. Fulton intends to use the net proceeds of this offering, together with other funds, to redeem all of the Series A Preferred Stock that it issued to the U.S.

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PPL to acquire Kentucky utility company

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 Kentucky’s 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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Ben Franklin approves investments

The Ben Franklin Technology Partners of Northeastern Pennsylvania’s (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

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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

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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

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