On Thursday, Shares of PPL Corp (NYSE:PPL), SUBTRACT -1.40% and closed at $33.11 in the last trading session. The last trading range of the stock ranges between $32.46 and $33.67. Southern Company, together with Louisville Gas and Electric Company and Kentucky Utilities Company (LG&E and KU), PPL Electric Utilities and the Tennessee Valley Authority (TVA), recently declared a new program designed to enhance the resiliency and reliability of the power grid by providing additional sources for obtaining critical equipment following disastrous events.
The program – known as RESTORE, or Regional Equipment Sharing for Transmission Outage Restoration – will establish a voluntary program where participants identify spare transformers and other transmission equipment that would be made available for purchase by other participants should they experience a widespread disaster or physical attack within their service area.
Whole Foods Market, Inc. (NASDAQ:WFM), jumped 1.35% and closed at $30.08 in the last trading session. The last trading range of the stock ranges between $29.63 and $30.45. The company’s Market capitalization is $9.85 Billion with the total Outstanding Shares of 318.30 Million. The Board of Directors of Whole Foods Market (WFM) recently declared changes to the leadership structure, counting transitioning from co-Chief Executive Officers to a sole Chief Executive Officer, with co-Founder John Mackey to serve in that capacity.
Walter Robb will remain on the Company’s Board of Directors and continue to serve as Chairman for both Whole Kids Foundation and Whole Cities Foundation. He will officially transition his co-CEO responsibilities on December 31, 2016, and will continue to be a senior advisor to the Company. Robb has served the company for 25 years, most recently as co-Chief Executive Officer for the previous six years.