Mississippi Pwr Co 4.60 Pfd (MPRWP) 111.0000 $MPRWP
Fitch Downgrades Southern Co. to 'A-'; Outlook Stable
BusinessWire - Thu May 12, 4:20PM CDT
Fitch Ratings has downgraded the Long-Term Issuer Default Rating (IDR) of Southern Company to 'A-'/Stable from 'A'. The ratings are removed from Rating Watch Negative where they were placed on Aug. 5, 2015 following the announcement of an agreement to acquire AGL Resources Inc. (AGL; 'BBB+'/Stable) in an all-cash transaction. The downgrade reflects the expected degradation in Southern Company's credit metrics following the closing of the predominantly debt-financed AGL acquisition. Fitch expects the acquisition to close in the second half of 2016 (2H16). In addition, Fitch has affirmed the Short-Term IDR for Southern Company at 'F1'.
SO: 52.64 (-0.52)
Fitch Downgrades Mississippi Power to 'BBB+'; Southern's Outlook Revised to Negative
BusinessWire - Fri Jun 05, 3:48PM CDT
Fitch Ratings has downgraded Mississippi Power Company's Long-term Issuer Default Rating (IDR) to 'BBB+' from 'A-' and Short-term IDR to 'F2' from 'F1'. The Rating Outlook for Mississippi Power remains Negative. Mississippi Power is the wholly owned subsidiary of Southern Company (Southern). Fitch has affirmed the IDR for Southern at 'A' and revised its rating Outlook to Negative from Stable.
Fitch: Kemper Dealt Another Blow; Downgrade Pressure Looms for Mississippi Power
BusinessWire - Fri May 22, 10:13AM CDT
Fitch Ratings sees mounting pressure on Mississippi Power Company's Issuer Default Rating (IDR) following South Mississippi Electric Power Association (SMEPA)'s decision to terminate the Asset Purchase Agreement (APA) for a 15% ownership stake in the Kemper project. Fitch currently rates Mississippi Power's IDR 'A-' with a Negative Outlook.
TransData Licenses Wireless Smart Electric Meter Patents to Telensa Limited
BusinessWire - Mon Oct 20, 6:30AM CDT
TransData Inc., a leading developer and manufacturer of advanced power and energy metering products for electric utilities and industry, announced today that it has licensed its wireless "Smart Meter Patents" portfolio to Telensa Ltd., a leading street light wireless monitoring and control system supplier based in the U.K. The financial terms of the licensing agreement, which includes TransData's U.S. Patent Nos. 6,181,294; 6,462,713; and 6,903,699 are confidential.
PNM: 32.63 (-0.83), GE: 31.28 (+0.11), ITRI: 43.26 (+0.81), CNP: 22.67 (-0.93), OGE: 30.75 (-0.49), SRE: 107.04 (-3.25), SSNI: 13.19 (+1.24)
Fitch Downgrades Southern Co. to 'A-'; Outlook Stable
BusinessWire - Thu May 12, 4:20PM CDT
Fitch Ratings has downgraded the Long-Term Issuer Default Rating (IDR) of Southern Company to 'A-'/Stable from 'A'. The ratings are removed from Rating Watch Negative where they were placed on Aug. 5, 2015 following the announcement of an agreement to acquire AGL Resources Inc. (AGL; 'BBB+'/Stable) in an all-cash transaction. The downgrade reflects the expected degradation in Southern Company's credit metrics following the closing of the predominantly debt-financed AGL acquisition. Fitch expects the acquisition to close in the second half of 2016 (2H16). In addition, Fitch has affirmed the Short-Term IDR for Southern Company at 'F1'.
SO: 52.64 (-0.52)
Fitch Downgrades Mississippi Power to 'BBB+'; Southern's Outlook Revised to Negative
BusinessWire - Fri Jun 05, 3:48PM CDT
Fitch Ratings has downgraded Mississippi Power Company's Long-term Issuer Default Rating (IDR) to 'BBB+' from 'A-' and Short-term IDR to 'F2' from 'F1'. The Rating Outlook for Mississippi Power remains Negative. Mississippi Power is the wholly owned subsidiary of Southern Company (Southern). Fitch has affirmed the IDR for Southern at 'A' and revised its rating Outlook to Negative from Stable.
Fitch: Kemper Dealt Another Blow; Downgrade Pressure Looms for Mississippi Power
BusinessWire - Fri May 22, 10:13AM CDT
Fitch Ratings sees mounting pressure on Mississippi Power Company's Issuer Default Rating (IDR) following South Mississippi Electric Power Association (SMEPA)'s decision to terminate the Asset Purchase Agreement (APA) for a 15% ownership stake in the Kemper project. Fitch currently rates Mississippi Power's IDR 'A-' with a Negative Outlook.
TransData Licenses Wireless Smart Electric Meter Patents to Telensa Limited
BusinessWire - Mon Oct 20, 6:30AM CDT
TransData Inc., a leading developer and manufacturer of advanced power and energy metering products for electric utilities and industry, announced today that it has licensed its wireless "Smart Meter Patents" portfolio to Telensa Ltd., a leading street light wireless monitoring and control system supplier based in the U.K. The financial terms of the licensing agreement, which includes TransData's U.S. Patent Nos. 6,181,294; 6,462,713; and 6,903,699 are confidential.
PNM: 32.63 (-0.83), GE: 31.28 (+0.11), ITRI: 43.26 (+0.81), CNP: 22.67 (-0.93), OGE: 30.75 (-0.49), SRE: 107.04 (-3.25), SSNI: 13.19 (+1.24)
