Southern Company Takes Hit for Coal-to-Gas Power Plant Overruns in First-Quarter 2014, but Cold Winter Warms Profits, an Industrial Info News Alert
Marketwire - 12 mins ago
Researched by Industrial Info Resources (Sugar Land, Texas) -- Southern Company (NYSE:SO) (Atlanta, Georgia) said Wednesday it took an after-tax charge of $235 million relating to cost overruns by its Kemper integrated gasification combined cycle (IGCC) power project in Mississippi. Despite the charge, the power company reported its net earnings rose fourfold to $351 million, from $81 million in first-quarter 2013, largely as a result of the unusually cold winter this year. Industrial Info is tracking about $6 billion in projects involving Southern Company, including the Kemper project.
What I Have Learned From Exelon's Deal
at The Street - Wed Apr 30, 5:42PM CDT
Utility operator's nearly $7 billion move for Pepco Holdings may have topped headlines this morning, but the real news may be how this energy deal creates a race to embrace change among rivals.
Final Glance: Utilities companies
AP - Wed Apr 30, 5:07PM CDT
NEW YORK (AP) — Shares of some top utilities companies were mixed at the close of trading:
After Yesterday's Decline of 1.14%, The Southern Co Offers Investors Better Value
Comtex SmarTrend(R) - Wed Apr 30, 3:57PM CDT
The Southern Co (NYSE:SO) traded in a range yesterday that spanned from a low of $45.65 to a high of $46.79. Yesterday, the shares fell 1.1%, which took the trading range below the 3-day low of $45.69 on volume of 8.7 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
The Southern Co Falls 1.14% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Wed Apr 30, 3:57PM CDT
The Southern Co (NYSE:SO) traded in a range yesterday that spanned from a low of $45.65 to a high of $46.79. Yesterday, the shares fell 1.1%, which took the trading range below the 3-day low of $45.69 on volume of 8.7 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
Cold Weather Fuels Southern Company Earnings - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Apr 30, 2:50PM CDT
Electric utility firm Southern Company (SO) reported strong first quarter results, as a frigid winter led to spiking power demand.
What the Cold Winter Is Telling You About Coal's Future
Reuben Brewer, The Motley Fool - Motley Fool - Wed Apr 30, 2:41PM CDT
The U.S. thermal coal market is starting to improve. A big part of that was the cold winter, which, according to the U.S. Energy Information Administration (EIA), led to a year-over-over increase in electricity demand of over 5%. Nearly 60% of that...
Midday Glance: Utilities companies
AP - Wed Apr 30, 1:12PM CDT
NEW YORK (AP) — Shares of some top utilities companies are mixed at 1 p.m.:
Cold winter lifts Southern's 1Q results
AP - Wed Apr 30, 10:01AM CDT
ATLANTA (AP) — Utility Southern Co. said Wednesday that its first-quarter net income more than quadrupled, benefiting from colder winter weather.
Early Glance: Utilities companies
AP - Wed Apr 30, 9:46AM CDT
NEW YORK (AP) — Shares of some top utilities companies are mixed at 10 a.m.:
Southern (SO) Is Today's Unusual Social Activity Stock
at The Street - Wed Apr 30, 8:52AM CDT
Trade-Ideas LLC identified Southern (SO) as an unusual social activity candidate
Southern Company Earnings Beat on Top and Bottom Line
Justin Loiseau, The Motley Fool - Motley Fool - Wed Apr 30, 8:42AM CDT
Southern Company reported Q1 2014 earnings today, exceeding expectations for both sales and earnings. On the top line, first-quarter sales clocked in at $4.6 billion, well above Q1 2013's $3.9 billion and significantly higher than analyst...
Southern Company reports first quarter earnings
PR Newswire - Wed Apr 30, 6:30AM CDT
Southern Company today reported first quarter 2014 earnings of $351 million, or 39 cents per share, compared with earnings of $81 million, or 9 cents per share, in the first quarter of 2013.
Financial Release to be Announced -- Research on America Movil, Time Warner, ADT Corp., and The Southern
PR Newswire - Wed Apr 30, 3:59AM CDT
Earningsource.com provides investors with earnings schedule updates throughout the earnings season. With timely information on past earnings performance and earnings projection for their upcoming quarterly release, our aim is to ensure shareholders and traders have an edge on their investment decisions on the following companies: America Movil S.A.B. de C.V. (NYSE: AMX), Time Warner Inc. (NYSE: TWX), The ADT Corp. (NYSE: ADT) and The Southern Co. (NYSE: SO). Full earnings notes on AMX, TWX, ADT and SO can be downloaded upon signing up at:
Georgia Power Employees Run 400 Miles In Two And A Half Days To Fight Cancer
PR Newswire - Mon Apr 28, 3:30PM CDT
Georgia Power employees are continuing the fight to end cancer by running from St. Simons Island to the Georgia/Alabama state line as part of an annual 400-mile run to benefit the American Cancer Society. Since its inception 16 years ago, the two-and-a-half-day Georgia Power Run for the Reason has raised more than $1.4 million for the American Cancer Society.
Southern Company (SO) Likely to Beat on Q1 Earnings - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Apr 28, 2:40PM CDT
Southern Company (SO) is scheduled to report first-quarter 2014 results on Apr 30, before the opening bell.