The Allentown Morning Call reports that PPL Corp.'s stock rose yesterday after issuance of a research note from analyst Greg Gordon of International Strategy and Investment Group which speculated on potential divestiture of PPL's competitive businesses

According to the Morning Call, Gordon forecast a decision on divestitures of the competitive generation and marketing businesses within 6 to 12 months.

"He also speculated in the report that PPL could jettison its supply business in a deal that would merge the power plants with another company's existing power plant holdings," the Morning Call said.