I The F i I t I ANTELY T 1 A 2018 12:57 TID yangphoto It's becoming obvious that the U.S. is going to need to generate substantially more power than it is today. Southern Company (NYSE:SO) is well positioned to answer the challenge. The Buy Thesis Southern Company is trading at a reasonably cheap valuation that does not account for its future growth rate. Specifically, I think the market is missing three key aspects: 1. Current mix of energy production facilitates cheap cost per MW on new builds 2. 9.5 GW c ...

"My team and I are very excited to join the Bank of Southern California," said Ayub Kathrada, Executive Vice President, Regional Manager of Bank of Southern California. "We believe the Los Angeles-area market provides a wonderful opportunity for relationship-based banking and we look forward to contributing to the Bank's growth." Ayaz Dadabhoy, FVP, Portfolio Manager, brings more than 25 years of banking experience and a history of growing a middle-market loan portfolio through both existing and new relatio ...

ATLANTA, July 2, 2024 /PRNewswire/ -- Southern Company plans to release its earnings for the second quarter of 2024 by 7:30 a.m. EST on Thursday, August 1, 2024. Southern Company Chairman, President and Chief Executive Officer Christopher C. Womack and Chief Financial Officer Daniel S. Tucker will discuss earnings during a conference call for financial analysts at 1 p.m. EST on Thursday, August 1. Investors, media and the public may listen to a live webcast of the conference call at https://investor.souther ...

ATLANTA, July 1, 2024 /PRNewswire/ -- Georgia Power, a Southern Company subsidiary, is partnering with U.S. Army Garrison Fort Eisenhower as a part of a $72 million utility energy service contract (UESC) to increase the energy efficiency of the 55,000-acre military installation located near Augusta, Ga. The UESC, which is the largest such contract in Georgia Power's history, will leverage the utility's knowledge of lighting systems, mechanical and controls systems, on-site generation and water conservation ...

Prior to today's trading, shares of the power company had lost 0.05% over the past month. This has was narrower than the Utilities sector's loss of 3.1% and lagged the S&P 500's gain of 3.53% in that time. Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system. The Utility - Electric Power industry is part ...

The United States needs to build a significant number of nuclear plants to supply surging energy demand while also meeting climate goals, the CEO of Southern Company said at an event on Thursday. "It's upwards of 10 large gigawatts of nuclear power that I think we have to have going forward," the CEO said. This is equivalent to about 10 new nuclear plants with a single reactor each. The typical reactor in the U.S. produces about a gigawatt of electricity, according to the Department of Energy. Last year, th ...

Southern Co. (SO) closed the latest trading day at $78.21, indicating a +0.24% change from the previous session's end. The stock outperformed the S&P 500, which registered a daily gain of 0.16%. Elsewhere, the Dow gained 0.04%, while the tech-heavy Nasdaq added 0.49%. The upcoming earnings release of Southern Co. will be of great interest to investors. The company is forecasted to report an EPS of $0.90, showcasing a 13.92% upward movement from the corresponding quarter of the prior year. Simultaneously, ou ...

COLDWATER, Mich., June 26, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Southern Michigan Bancorp, Inc. (OTC Pink: SOMC) declared a quarterly dividend of $0.15 per share on the outstanding shares of the corporation's stock. The dividend is payable on July 19, 2024, to shareholders of record July 8, 2024. The annualized cash dividend of $0.60 per share represents a 3.76% dividend yield based on the current market price of $15.95 per share. Southern Michigan Bancorp, Inc. is a bank holding company and t ...

Vent and burn recommendation based on several factors indicating strong possibility of catastrophic, uncontrolled explosion threatening health and safety of the community and first responders Norfolk Southern appreciates the NTSB's investigation, recommendations for enhancing rail safety and the acknowledgement of the steps Norfolk Southern has taken to improve safety. We share the commitment and over the last 16 months have implemented many enhancements and technologies to make our railroad even safer. The ...

Program participants may receive a discount of $33.50 on their bill each month. Full program details are available on Georgia Power's website. "Georgia Power believes that everyone should have access to clean, safe, reliable and affordable energy, we understand that energy costs are an important part of every family's budget, and we want to be there when our customers need us the most," said Latanza Adjei, senior vice president of Customer Experience for Georgia Power. "The expanded Income-Qualified Discoun ...