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Southern California Edison Announces Expiration and Results of Tender Offer for 5.45% Fixed-to-Floating Rate Trust Preference Securities Issued by SCE Trust V
Businesswire· 2025-12-20 00:07
Core Points - Southern California Edison announced the expiration and results of its cash tender offer for the outstanding 5.45% Fixed-to-Floating Rate Trust Preference Securities issued by SCE Trust V [1] Group 1 - The cash tender offer was aimed at purchasing all outstanding Trust Securities along with Accrued Distributions [1] - The offer expired on December 19, 2025 [1]
Flood Relief: U-Haul Offers 30 Days Free Storage in Oregon and Southern Washington
Businesswire· 2025-12-20 00:00
Core Points - U-Haul is providing 30 days of free self-storage and U-Box container use at 37 facilities in Oregon and southern Washington to assist residents impacted by flash floods and potential landslides [1] - The region has experienced heavy rainfall leading to flooding in several rivers, resulting in residential water damage and evacuations [1] - Access to dry, secure self-storage units and portable storage containers is crucial for communities during natural disasters [1]
The Presidio Group Exclusively Advises Hartz Automotive in the Sale of Its Ownership Interest in Three Southern California Penske Dealerships to Franchise Equity Partners
Businesswire· 2025-12-19 14:21
merchant banking firm focused on mergers and acquisitions, capital raising and investments in the automotive retail and consumer mobility sectors, exclusively advised Hartz Automotive in the sale of its ownership interests in three dealerships in Southern California to Franchise Equity Partners. The transaction closed Dec. 16 and involved Hartz Automotive's stakes in Penske Buick-GMC of Cerritos and Penske Ch. CERRITOS, Calif.--(BUSINESS WIRE)--The Presidio Group LLC ("Presidio†), an independent ...
Will Direct Distribution in Southern Europe Boost ISRG's Margins?
ZACKS· 2025-12-18 14:31
Key Takeaways ISRG will move to direct distribution in Italy, Spain, and Portugal in 2026, shifting away from distributors.ISRG expects the shift to be accretive to pro forma earnings as distributor margins offset added costs.ISRG gains tighter pricing, training, and demand visibility, but faces integration risk and higher expenses.Intuitive Surgical (ISRG) is set to overhaul its go-to-market model in Southern Europe, announcing plans to transition to direct distribution in Italy, Spain and Portugal in 2026 ...
Southern Company Ranked as the No. 1 Employer in the US on 2025 Military Times Best for Vets: Employers List
Prnewswire· 2025-12-16 17:36
Continue Reading Southern Company was named the No. 1 overall employer on the Military Times Best for Vets list for 2025, the second time the company has earned the top ranking. The Military Times Best for Vets list is a highly respected, independent evaluation that is compiled by surveying hundreds of companies and organizations across the country. The methodology used in evaluating employers includes recruitment and onboarding practices, retention and career advancement programs, and support for veterans ...
Shimmick Preferred Bidder on $81.5 Million in Water and Electrical Projects in Los Angeles Market
Globenewswire· 2025-12-16 13:30
Core Insights - Shimmick Corporation has been awarded two significant projects in the Los Angeles market, totaling approximately $81.5 million, reflecting the company's strong position in complex infrastructure solutions [1][2]. Project Summaries - The first project, Berths 49–51 Outer Harbor Cruise Terminal Development, is valued at $61.3 million and involves substantial electrical, structural, and civil improvements to support shore power and modern cruise terminal operations. This project aims to enhance sustainability by allowing vessels to connect to shore power, thereby reducing emissions [2][3]. - The second project, Palmdale Water Reclamation Plant Influent Pump Station Modifications, is valued at $20.2 million and focuses on upgrades to influent pumping and electrical systems, along with the construction of a new utility building. This project is designed to improve operational reliability and support long-term water reclamation efforts in the region [3]. Timeline - Construction on both projects is anticipated to commence in 2026, pending the completion of final permitting and preconstruction activities [4]. Company Overview - Shimmick Corporation is recognized as a leader in delivering turnkey infrastructure solutions across various sectors, including water, energy, climate resilience, and sustainable transportation. The company combines technical excellence with collaborative project delivery methods to provide innovative, technology-driven solutions that foster economic growth and empower communities [5].
UK's Serica Energy to buy Southern North Sea assets for $76 million
Reuters· 2025-12-16 07:23
Group 1 - Serica Energy has agreed to acquire a portfolio of Southern North Sea assets from Spirit Energy for an upfront consideration of 57 million pounds ($76.19 million) [1]
Recent Pullback Provides Opportunity In Southern Company (NYSE:SO)
Seeking Alpha· 2025-12-12 10:49
Core Viewpoint - The Southern Company is recognized as a leading energy provider, particularly in the regulated utility sector, and has been named the top energy company recently [1]. Company Overview - Founded in 1946, The Southern Company is based in Atlanta and provides both electricity and natural gas services [1]. Investment Perspective - The article emphasizes that the best investment opportunities often arise from stocks that are less followed by average investors or those that do not accurately reflect current market opportunities [1].
Recent Pullback Provides Opportunity In Southern Company
Seeking Alpha· 2025-12-12 10:49
Core Viewpoint - The Southern Company is recognized as a leading energy provider, particularly in the regulated utility sector, and has been acknowledged as the top energy company recently [1]. Company Overview - Founded in 1946, The Southern Company is based in Atlanta and provides both electricity and natural gas services [1]. Investment Perspective - The article emphasizes that the best investment opportunities often arise from stocks that are less followed by average investors or those that do not accurately reflect current market opportunities [1].
The Southern Company rises after six straight sessions of decline
Seeking Alpha· 2025-12-11 22:32
Core Viewpoint - The Southern Company (SO) experienced a rebound after six consecutive days of losses, with shares increasing by 0.77% to settle at $84.73 following an upgrade from Seeking Alpha analyst Narek Hovhannisyan, who changed the stock rating from Hold to Buy [1] Company Summary - The Southern Company’s stock had been on a downward trend for six sessions before the recent upgrade [1] - The current share price is $84.73, reflecting a modest recovery in the market [1]