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Southern Co. (SO) Beats Stock Market Upswing: What Investors Need to Know
ZACKS· 2024-10-18 23:05
The latest trading session saw Southern Co. (SO) ending at $93.24, denoting a +0.58% adjustment from its last day's close. The stock exceeded the S&P 500, which registered a gain of 0.4% for the day. Elsewhere, the Dow gained 0.09%, while the tech-heavy Nasdaq added 0.63%. Shares of the power company witnessed a gain of 4.32% over the previous month, beating the performance of the Utilities sector with its loss of 1.25% and the S&P 500's gain of 3.76%. Market participants will be closely following the finan ...
The Nicor Gas Energy Efficiency Program receives prestigious industry honor
Prnewswire· 2024-10-17 19:25
Core Insights - The Nicor Gas Energy Efficiency Program's Community Connection Center (C3) has won the 2024 E Source Achievement in Residential Customer Experience Award, recognizing its unique approach to customer service in energy efficiency and assistance [1][2] Group 1: C3 Program Overview - C3 was launched in 2022 to provide income-eligible customers with energy efficiency and bill payment assistance, as well as support for basic needs [1][2] - The program has facilitated over $18.5 million in energy assistance grants for Nicor Gas customers since its inception [2] - More than 4,500 customers have received free energy efficiency services, and over 5,000 families have been provided with free groceries through the program [2] Group 2: Community Impact - In Illinois, approximately 1.5 million people live at or below the poverty level, representing over 12% of the state's population, highlighting the need for programs like C3 [2] - C3 aims to help customers manage their energy usage, bills, and access critical services such as housing and food [2] Group 3: Company Background - Nicor Gas is one of four natural gas distribution companies under Southern Company Gas, serving over 2.3 million customers in northern Illinois [4] - Southern Company Gas serves approximately 4.4 million natural gas utility customers across four states and engages in various nonutility businesses, including investments in interstate pipelines and natural gas storage [5]
Georgia Power offers Installment Payment Plans for customers following Hurricane Helene
Prnewswire· 2024-10-17 19:12
Enrollment in latest customer assistance initiative open through November 30 ATLANTA, Oct. 17, 2024 /PRNewswire/ -- Georgia Power announced today its latest initiative to support customers as Georgia continues to recover and rebuild following Hurricane Helene – flexible Installment Payment Plans that allow customers to pay their current account balance over multiple months. The company previously announced efforts to extend and expand customer assistance options following the historic hurricane, with discon ...
Great Southern Bancorp, Inc. Reports Preliminary Third Quarter Earnings of $1.41 Per Diluted Common Share
GlobeNewswire News Room· 2024-10-16 22:30
SPRINGFIELD, Mo., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Great Southern Bancorp, Inc. (NASDAQ:GSBC), the holding company for Great Southern Bank, today reported that preliminary earnings for the three months ended September 30, 2024, were $1.41 per diluted common share ($16.5 million net income) compared to $1.33 per diluted common share ($15.9 million net income) for the three months ended September 30, 2023. Preliminary earnings for the nine months ended September 30, 2024, were $3.99 per diluted common share ...
Is a Beat in Store for Norfolk Southern in Q3 Earnings?
ZACKS· 2024-10-16 14:10
Norfolk Southern Corporation (NSC) is scheduled to report third-quarter 2024 results on Oct. 22, before market open. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. The company has a disappointing earnings surprise history, having lagged the Zacks Consensus Estimate in three of the preceding four quarters (surpassed once), the average miss being 0.45%. Let's see how things have shaped up for NSC this earnings season. NSC's Q3 Expectations The Zacks Consensus Estimate for NSC'sthird ...
Norfolk Southern donates additional $400K to Red Cross for Hurricane Milton and Helene relief efforts
Prnewswire· 2024-10-10 20:15
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 Poised Well on Dividends Amid Freight Woes
ZACKS· 2024-10-10 14:15
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 ...
Lowell Farms Announces Management Services Agreements and Option to Purchase Two Southern California-Based Cannabis Retail Locations
GlobeNewswire News Room· 2024-10-09 21:15
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 ...
Georgia Power monitoring, prepared to respond to effects of Hurricane Milton in Georgia
Prnewswire· 2024-10-08 21:30
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 ...
SO's Georgia Power Restores 95% of Power Following Hurricane Helene
ZACKS· 2024-10-08 15:15
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 ...