Southern Company(SO)
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Why it's so difficult to build nuclear power plants in the U.S.
CNBC· 2024-09-06 12:00
Plant Vogtle, a nuclear power plant in Waynesboro, Georgia, is the largest source of clean energy in the U.S. following the addition of two new reactors, according to Georgia Power. The plant's unit 4 reactor began commercial operations in April and unit 3 went online last year. They are the first reactors built from scratch and connected to the grid in over three decades and together can power over a million homes and businesses, according to the utility provider. But bringing a nuclear power plant to life ...
Georgia Public Service Commission approves motion to deliver $122 million in savings to Georgia Power customers beginning in January
Prnewswire· 2024-09-05 12:30
Near-term rate relief possible due to lower state corporate tax rate ATLANTA, Sept. 5, 2024 /PRNewswire/ -- The Georgia Public Service Commission (PSC) voted unanimously this week to approve a motion by Commissioner Fitz Johnson to expedite the return of approximately $122 million for the benefit of Georgia Power customers as early as January 2025. The funds are available due to recent changes to state tax law which lowered the company's corporate tax rate and will help offset inflationary related cost incr ...
Great Southern Bancorp, Inc. Announces Third Quarter 2024 Preliminary Earnings Release Date and Conference Call
GlobeNewswire News Room· 2024-09-04 17:56
SPRINGFIELD, Mo., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Great Southern Bancorp, Inc. (NASDAQ:GSBC), the holding company for Great Southern Bank, expects to report third quarter 2024 preliminary earnings after the market closes on Wednesday, October 16, 2024, and host a conference call on Thursday, October 17, 2024, at 2:00 p.m. Central Time (3:00 p.m. Eastern Time). The call will be available live or later in a recorded version at the Company's Investor Relations website, https://investors.greatsouthernbank.co ...
Norfolk Southern reaches tentative collective bargaining agreements with all general committees representing SMART-TD
Prnewswire· 2024-09-04 13:51
Early agreements now cover nearly 65% of company's union workforce ATLANTA, Sept. 4, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) has reached a tentative agreement with its final general committee of the International Association of Sheet Metal, Air, Rail and Transportation Workers - Transportation Division (SMART-TD). SMART-TD is the company's largest labor union, representing train conductors across the company's 22-state network. The latest agreement ensures coverage for all Norfolk Sout ...
Here's Why You Should Retain Norfolk Southern Stock Now
ZACKS· 2024-09-03 13:56
Norfolk Southern's (NSC) bottom line is bolstered by reduced cost and improved operational efficiency. A shareholder-friendly approach bodes well for the company. However, NSC continues to grapple with the adverse impacts of the Ohio incident. Factors Favoring NSC Norfolk Southern's strategic decision to move more than 320 locomotives into storage or offline has led to significant cost savings and operational improvements. By reducing fuel consumption, maintenance expenses and overtime by about 20% in the s ...
Southern's Unit to Launch Renewable Initiative for Microgrid
ZACKS· 2024-08-30 14:16
Southern Company (SO) , through its subsidiary PowerSecure, has announced that its Durham campus microgrid will launch a 100% renewable fuel initiative this month. This initiative demonstrates the company's dedication to innovative energy solutions and environmental responsibility in the energy sector. The Role of PowerSecure in Energy Innovation Southern's Commitment to Clean Energy: SO's unit PowerSecure's CEO, Chris Cummiskey, emphasizes that the adoption of renewable fuels marks a key advancement in mee ...
Norfolk Southern reaches tentative collective bargaining agreements with five additional labor unions
Prnewswire· 2024-08-30 13:00
Early agreements made with nine unions over the past two weeks cover approximately 55% of railroad's total union workforce ATLANTA, Aug. 30, 2024 /PRNewswire/ -- Ahead of the Labor Day holiday, which celebrates the achievements of American workers, Norfolk Southern Corporation (NYSE: NSC) is proud to announce it has reached tentative, five-year collective bargaining agreements with five labor unions in addition to the four announced last week. These nine agreements, which, together, cover approximately 55% ...
PowerSecure announces 100% Renewable Fuel Initiative for Durham campus microgrid
Prnewswire· 2024-08-29 12:00
DURHAM, N.C., Aug. 29, 2024 /PRNewswire/ -- PowerSecure, a leading provider of innovative energy solutions and subsidiary of Southern Company, is proud to announce that its Durham campus microgrid will begin a 100% Renewable Fuel Initiative starting this month. This significant step aligns with the company's commitment to innovation and sustainability. "PowerSecure continues to bring new innovation to our customers with a commitment to a clean energy future," said PowerSecure CEO Chris Cummiskey. "The use o ...
Else Nutrition Announces Launch of Plant-Powered, Ready-to-Drink Kids Shakes at a Southern California's Premier Upscale Grocery Chain
Prnewswire· 2024-08-29 11:30
VANCOUVER, BC, Aug. 29, 2024 /PRNewswire/ - ELSE NUTRITION HOLDINGS INC. (BABY) (BABYF) (0YL.F) ("Else" or the "Company"), is pleased to announce the launch of its plant-powered, Ready-to-Drink Kids Shakes, available in Chocolate and Vanilla flavors, at a Southern California's leading upscale grocery store chain. Beginning in September, Else Nutrition's nutritious kids shake will be available in 19 locations across the region, accompanied by promotional offers. Else Nutrition Announces Launch of Plant-Power ...
Norfolk Southern reaches tentative collective agreements with four labor unions
Prnewswire· 2024-08-23 21:26
Agreements come months before next collective bargaining round, giving covered employees early assurances on significant future improvements to pay, health care, and vacation ATLANTA, Aug. 23, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC), in partnership with BNSF Railway, has reached tentative, five-year collective bargaining agreements with the Brotherhood of Railway Carmen Division/TCU (BRC), the International Association of Sheet Metal, Air, Rail and Transportation Workers - Mechanical D ...