Friday, February 3, 2012



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Kentucky Utilities Parent Reportedly Sold to Pa. Corporation

by Kentucky

The German power company E.ON AG is nearing an agreement to sell its Louisville-based U.S. unit, which owns Kentucky Utilities and Louisville Gas and Electric, to PPL Corp., according to a person with knowledge of the matter. The deal is valued at about $7.5 billion including debt, the person said. E.ON, based in Dusseldorf, Germany, [...]

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Earnings Up for Kentucky Bank Parent

by Kentucky

Kentucky Bancshares Inc., the Paris-based parent company of Kentucky Bank, announced Monday that its second-quarter earnings rose compared to the same period in 2009. The company earned $1.18 million, or 43 cents a share, compared with $904,000, or 33 cents a share for the same period in 2009. Kentucky Bank has offices in Cynthiana, Georgetown, [...]

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Earnings Up for Community Trust's Parent

by Kentucky

Pikeville-based Community Trust Bancorp announced Wednesday that its earnings rose more than 40 percent year-over-year for the second quarter. The company earned $8.55 million, or 56 cents a share, up from $5.94 million, or 39 cents a share, in the same period in 2009. In a statement, the bank said its earnings grew based off [...]

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