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Transportation & Distribution

Sands lays off 80 workers

Sands Casino Resort Bethlehem President Robert DeSalvio has confirmed that 80 people were laid off April 30 at the South Side Bethlehem Casino.rnDeSalvio said the layoffs bring the casino’s workforce from 860 employees down to 780.r

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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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