Stock Market News for July 28, 2015 - Market News
Zacks Equity Research - Zacks Investment Research - Tue Jul 28, 9:10AM CDT
Benchmarks declined for the fifth straight session on Monday following a selloff in Chinese markets
PCG: 52.05 (+0.22), MON: 101.32 (-0.14), DUK: 73.12 (+0.12), XOM: 82.49 (+3.23), COP: 52.93 (+2.28), SO: 43.53 (+0.09), SLB: 82.92 (+1.16), NEE: 104.03 (+0.53), LYB: 92.25 (+2.40), RIG: 14.16 (+1.05), DD: 55.95 (-0.78), PX: 114.93 (+3.11), CVX: 92.67 (+3.53), DOW: 46.87 (+1.24)
Is Southern Company (SO) Poised for Earnings Beat in Q2? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Jul 27, 1:25PM CDT
We expect Southern Company (SO) to beat expectations when it reports second-quarter 2015 results before the opening bell on Jul 29.
MPC: 54.59 (+0.13), LINE: 5.81 (+0.30), SO: 43.53 (+0.09), CLMT: 27.99 (+0.44)
Be summer storm ready with Outage Alerts, free resources
PR Newswire - Thu Jul 23, 2:41PM CDT
As summer thunderstorms continue, Georgia Power is monitoring the changing weather around the clock and prepared to respond to any service interruptions which may occur. The company encourages customers to be summer storm ready too with free tools and resources, including Georgia Power Outage Alerts. Thousands of customers are currently signed up for the company's Outage Alert service and are receiving personalized notifications and updates via text message, phone call, and email whenever power is interrupted at their home or business.
SO: 43.53 (+0.09)
Southern Company and partners award waterway conservation grants
PR Newswire - Wed Jul 22, 9:15AM CDT
Reflecting its historical commitment to honor natural resource conservation projects focused on protecting wetlands and streams in and around its service territory, Southern Company, in partnership with the National Fish and Wildlife Foundation (NFWF) and other public and private partners, awarded $2.3 million in grants to 64 organizations nationwide as part of the Five Star and Urban Waters Restoration program.
SO: 43.53 (+0.09)
More Than $2.3 Million in Conservation Grants Announced by Five Star and Urban Waters Restoration Program
GlobeNewswire - Wed Jul 22, 9:14AM CDT
The National Fish and Wildlife Foundation (NFWF) today announced that 64 community-led wetland, stream and coastal restoration projects across the nation have been awarded more than $2.3 million in grants. In addition, the grantees have committed an additional $4.8 million in local project support, creating a total investment of more than $7 million in projects that will restore wildlife habitat and urban waters and will engage thousands of volunteers, students and local residents in community-based environmental stewardship projects.
FDX: 169.22 (+4.48), SO: 43.53 (+0.09)
Georgia Power receives approval for Marine Corps Logistics Base Albany solar project
PR Newswire - Tue Jul 21, 2:38PM CDT
Georgia Power announced today a new, on-base 46 megawatt (MW) AC solar facility planned at the Marine Corps Logistics Base (MCLB) Albany. The project was approved Tuesday by the Georgia Public Service Commission (PSC) and will be the fifth large-scale solar project to be developed by Georgia Power in coordination with the military. The company is currently working under a memorandum of understanding with the Department of the Navy (DON) to finalize project details.
SO: 43.53 (+0.09)
Southern Company announces quarterly dividend
PR Newswire - Mon Jul 20, 1:40PM CDT
Southern Company today announced a regular quarterly dividend of 54.25 cents per share on the company's common stock, payable Sept. 5, 2015, to shareholders of record as of Aug. 17, 2015. This marks 271 consecutive quarters - dating back to 1948 - that Southern Company will have paid a dividend to its shareholders.
SO: 43.53 (+0.09)
Georgia Power offers new instant savings at The Home Depot
PR Newswire - Mon Jul 20, 1:39PM CDT
Georgia Power announced today the latest partnership with a leading retailer to help customers save money and energy - a new rebate and discount offer exclusively at The Home Depot®, the world's largest home improvement retailer. Now through Oct. 15, 2015, Georgia Power residential customers can save instantly in-store through Georgia Power's Appliance Program with an exclusive coupon for select ENERGY STAR® appliances at The Home Depot. The instant savings coupon is included in each Georgia Power residential July statement.
HD: 114.85 (+1.78), SO: 43.53 (+0.09)
Natural Gas Overtakes Coal; American Electric Power, Utilities Capitalize on the Shift
at The Street - Fri Jul 17, 8:59AM CDT
Cleaner-burning natural gas has surpassed coal for power generation, and power producers are converting and grabbing related assets wherever they can find them.
AEP: 55.88 (+0.14), NEE: 104.03 (+0.53), CPN: 16.75 (+0.18), DUK: 73.12 (+0.12), SO: 43.53 (+0.09), BKH: 41.13 (+0.21), NRG: 22.06 (+0.51)
SmarTrend Watching for Potential Pullback in Shares of The Southern Co After 1.41% Gain
Comtex SmarTrend(R) - Thu Jul 16, 4:12PM CDT
The Southern Co (NYSE:SO) traded in a range yesterday that spanned from a low of $43.40 to a high of $44.00. Yesterday, the shares gained 1.4%, which took the trading range above the 3-day high of $43.72 on volume of 4.5 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
SO: 43.53 (+0.09)
Watch for The Southern Co to Potentially Pullback After Gaining 1.41% Yesterday
Comtex SmarTrend(R) - Thu Jul 16, 4:12PM CDT
The Southern Co (NYSE:SO) traded in a range yesterday that spanned from a low of $43.40 to a high of $44.00. Yesterday, the shares gained 1.4%, which took the trading range above the 3-day high of $43.72 on volume of 4.5 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
SO: 43.53 (+0.09)
SUBASE Kings Bay 30 MW solar project moving forward
PR Newswire - Wed Jul 15, 3:26PM CDT
Georgia Power has announced a major milestone in the development of a new 30 megawatt (MW) AC solar generation facility at Naval Submarine Base (SUBASE) Kings Bay in St. Marys, Ga. The company recently executed a real estate outgrant with the Department of the Navy (DON) which authorizes the company to use land on the base for the solar project. The agreement marks the start of a new collaboration between DON and Georgia Power where the company will develop renewable energy that will further diversify the company's energy portfolio and increase DON's energy security.
SO: 43.53 (+0.09)
Alabama Power declares dividends
PR Newswire - Wed Jul 15, 9:12AM CDT
The board of directors of Alabama Power Company has declared the regular quarterly dividends on the company's outstanding preferred stock and preference stock as follows:
SO: 43.53 (+0.09)
How Tesla Battery Storage Will Transform Utilities
at Investor's Business Daily - Tue Jul 14, 7:02AM CDT
What could the rise of battery energy storage systems by the likes of Tesla Motors do for utilities? To hear CEO Elon Musk put it recently when talking about his new Tesla Energy division, batteries could let the world turn off half its power plants...
TSLA: 264.74 (+11.73), ABB: 19.90 (+0.22), AES: 12.77 (-0.16), ED: 61.86 (+0.24), SO: 43.53 (+0.09), EIX: 58.96 (+0.03)
Nuclear Power Update: Finish Line in Sight for Watts Bar Unit 2, but Delays and Cost Overruns Still Plague Vogtle and Summer Unit Additions, an Industrial Info News Alert
Marketwired - Tue Jul 14, 5:00AM CDT
Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- The Watts Bar Unit 2 nuclear project, owned by Tennessee Valley Authority (NYSE:TVE) (TVA) (Knoxville, Tennessee), is turning out to be the belle of the nuclear power ball. Construction of the unit is now about 98% complete, and it is adhering to its construction schedules and cost estimates, TVA spokesman Scott Brooks told Industrial Info TVA will spend between $4 billion and $4.5 billion to complete the 1,180-megawatt (MW) pressurized water reactor, which is expected to be online in early 2016.
CBI: 51.26 (+3.28), ETR: 69.71 (-0.69), NEE: 104.03 (+0.53), SCG: 53.32 (-0.01), TVE: 24.27 (-0.07), DTE: 78.58 (-0.10), SO: 43.53 (+0.09), FINL: 27.18 (+0.35)
Southern Company hires information technology veteran as chief information officer
PR Newswire - Mon Jul 13, 9:00AM CDT
Mark S. Lantrip, president and chief executive officer of Southern Company Services, today announced that Martin B. Davis has been named executive vice president and chief information officer.
SO: 43.53 (+0.09)
3 Dividend Hikes This Week You Should Know About
at The Street - Fri Jul 10, 10:00AM CDT
Duke Energy's recent increase puts its payout at the high end of the industry range.
ABT: 50.99 (+0.30), DUK: 73.12 (+0.12), PCAR: 64.46 (-0.19), FCX: 12.60 (+1.23), HRL: 58.26 (+0.84), SO: 43.53 (+0.09), AET: 111.32 (+1.09), PAYX: 46.53 (+0.25), EOG: 77.46 (+4.27), ABBV: 70.85 (+1.51), FL: 69.31 (+0.52), CAT: 78.03 (+2.71), YUM: 87.04 (+1.06)
Lightbridge and Norway's IFE Sign Contract for Irradiation Testing and Related Activities at Halden Reactor
GlobeNewswire - Thu Jul 09, 5:00AM CDT
Lightbridge Corporation (NASDAQ:LTBR) and the Institute for Energy Technology (IFE) of Norway today announced that they have entered into a binding services agreement for irradiation testing of Lightbridge advanced metallic nuclear fuel samples under prototypic commercial reactor operating conditions in IFE's Halden research reactor, southeast of Oslo.