Total 2024 contributions to Red Cross reach $775K for disaster recovery efforts ATLANTA, Oct. 10, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) has contributed an additional $400,000 to the American Red Cross to aid its large-scale relief efforts following Hurricane Helene and Hurricane Milton. This donation brings the company's total disaster recovery support to $775,000 in 2024. In addition, Norfolk Southern's Employee Disaster Relief Program is offering grants to employees affected by Hur ...

Norfolk Southern's (NSC) proactive cost-cutting initiatives are boosting the company's operational efficiency. However, NSC is grappling with economic uncertainties, weak freight demand and lackluster liquidity. Factors Favoring NSC NSC strengthens its operations with robust cost-cutting initiatives, resulting in significant savings and improved efficiency. By strategically moving more than 320 locomotives into storage or offline, the company reduced fuel consumption, maintenance expenses and overtime costs ...

SALINAS, Calif., Oct. 09, 2024 (GLOBE NEWSWIRE) -- Lowell Farms Inc. (the "Company") (CSE: LOWL; OTCQX: LOWLF), a California cannabis company with advanced distribution, manufacturing and production capabilities including sales and brand management, is pleased to announce that it has entered into management services agreements with two cannabis retail dispensaries located in Los Angeles, California. Under the terms of the agreements, Lowell Farms will assume operational management of the retail stores, with ...

Company is coordinating with state and local emergency partners in wake of Helene recovery Georgia Power campgrounds at Lakes Oconee and Harding available for evacuees ATLANTA, Oct. 8, 2024 /PRNewswire/ -- Georgia Power is monitoring the track of Hurricane Milton in the Gulf of Mexico and, with restoration efforts from Hurricane Helene nearly completed, the company is now preparing crews to safely and quickly respond to the latest severe weather threat. While the path of the storm may change in the coming d ...

The Southern Company's (SO) largest subsidiary, Georgia Power, stated that it has successfully restored power for more than 95% of its customers following the destruction by Hurricane Helene. The company mentioned that it continues to make significant restoration efforts in areas where customers have been affected the most. Notably, the company has been diligently working to reconnect 80% of the impacted customers in Augusta, one of the hardest-hit regions. However, despite significant progress, approximate ...

Ally and Thurgood Marshall College Fund gathered 50 students to compete for over $200k in scholarships and prizes Two teams tied for first place, each student receiving a $20,000 scholarship and guaranteed internship The week-long event included an exciting surprise from "The Jennifer Hudson Show" to air Oct. 25 Ally's CEO Michael Rhodes and government leaders spoke with students and shared perspective on economic mobility and the work being done to revitalize Detroit DETROIT, Oct. 8, 2024 /PRNewswire/ -- P ...

Some analysts think the market can't be timed. They think that it follows a "random walk." These analysts are wrong. Successful traders can identify important price levels. They know when a stock reaches one of them, there is a good chance the trend reverses. That's how they time the market and profit. An example of this can be seen on the chart of Southern Co SO. This is why it is our Stock of the Day. The $88.50 level has been important for Southern Company since early August. It was resistance then and n ...

Company continues suspension of disconnections, waives late fees and pauses collection activities for customers through December 15 ATLANTA, Oct. 7, 2024 /PRNewswire/ -- As the devastation from Hurricane Helene became apparent in the days following the historic storm, Georgia Power moved quickly to suspend disconnections as emergency response efforts ramped up. The company announced today that it has further extended and expanded customer assistance programs with disconnections suspended, late fees waived, ...

Crews managing final intensive restorative efforts in hardest hit areas and will remain in the field until all customers who can accept power are reconnected ATLANTA, Oct. 5, 2024 /PRNewswire/ -- Georgia Power has restored power to 1.3 million+ customers following Hurricane Helene – more than 95% of all customers who were impacted by the most destructive hurricane in the company's history. Intensive restoration efforts remain underway to reconnect customers in the hardest hit areas of the state, notably Aug ...

Southern Co. (SO) ended the recent trading session at $90.31, demonstrating a -0.43% swing from the preceding day's closing price. The stock's change was less than the S&P 500's daily gain of 0.9%. At the same time, the Dow added 0.81%, and the tech-heavy Nasdaq gained 1.22%. Heading into today, shares of the power company had gained 1.33% over the past month, lagging the Utilities sector's gain of 4.65% and the S&P 500's gain of 3.15% in that time. Analysts and investors alike will be keeping a close eye o ...