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Southern Co. (SO) Increases Despite Market Slip: Here's What You Need to Know
ZACKS· 2024-07-12 07:22
In the latest trading session, Southern Co. (SO) closed at $79.86, marking a +1.81% move from the previous day. The stock outperformed the S&P 500, which registered a daily loss of 0.88%. On the other hand, the Dow registered a gain of 0.08%, and the technology-centric Nasdaq decreased by 1.95%.Prior to today's trading, shares of the power company had 0% over the past month. This has was narrower than the Utilities sector's loss of 4.05% and lagged the S&P 500's gain of 5.11% in that time.The upcoming earni ...
URGENT SHAREHOLDER REMINDER: The M&A Class Action Investigates the Merger and Upcoming Vote on July 17, 2024, of Southern California Bancorp - BCAL
Prnewswire· 2024-07-12 06:26
NEW YORK, July 11, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Southern California Bancorp (NASDAQ: BCAL), relating to its proposed merger with California BanCorp. Under the terms of the agreement, Southern California Bancorp shareholders will own approx ...
Southern Co. (SO) Taps Sightline to Advance Climate Technology
ZACKS· 2024-07-11 22:16
Southern Company (SO) , a leading utility firm based in the United States, has joined forces with Sightline Climate to expedite the deployment of innovative solutions in climate technology. Sightline Climate is a leading market intelligence platform specializing in climate technology market data and insights.Southern Company and Sightline Climate will work together to develop comprehensive datasets, frameworks and analysis tools to monitor the commercialization of climate technology. This includes identifyi ...
Norfolk Southern report highlights progress on sustainability, safety, innovation, employee and community engagement
Prnewswire· 2024-07-11 21:00
ATLANTA, July 11, 2024 /PRNewswire/ -- Norfolk Southern Corporation's (NYSE: NSC) latest "Forging a Better Tomorrow" report details the company's progress on advancing its first-ever Climate Transition Plan (CTP), enhancing safety, and investing in its communities. The annual report, covering 2023 through early 2024, highlights Norfolk Southern's contributions that foster a sustainable economic ecosystem with community benefits across its 22-state network and growth opportunities for its customers, includin ...
Turning Bullish On Norfolk Southern Ahead Of Earnings
Seeking Alpha· 2024-07-11 00:56
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Why Southern Company Will Beat Guidance
Seeking Alpha· 2024-07-10 03:58
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 ...
Bank of Southern California Announces the Hiring of Three Seasoned Commercial Lenders
GlobeNewswire News Room· 2024-07-08 20:15
San Diego, Calif., July 08, 2024 (GLOBE NEWSWIRE) -- Bank of Southern California, N.A. (“us,” “we,” “our,” or the “Bank”), the wholly owned subsidiary of Southern California Bancorp (Nasdaq: BCAL), announces it has hired a team of three seasoned commercial lenders. The team includes Ayub Kathrada, named Executive Vice President, Regional Manager; Dayana McAlister, named Senior Vice President, Relationship Manager Team Lead; and Ayaz Dadabhoy, named First Vice President, Portfolio Manager. The team will serv ...
Southern (SO), Singularity Partner for Energy Transparency
ZACKS· 2024-07-08 20:11
Southern Company (SO) , one of the largest utilities in the United States, has joined forces with Singularity Energy, a cutting-edge tech platform, in a transformative partnership aimed at revolutionizing energy consumption insights.This collaboration represents a significant step toward improving transparency and sustainability in the energy sector. It aims to provide customers with easy-to-understand information on their energy mix, including the hourly carbon footprint of their electricity consumption.Th ...
Southern Company second-quarter earnings to be released August 1
Prnewswire· 2024-07-02 20:00
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.southernc ...
Georgia Power Partners with U.S. Army Garrison Eisenhower for Resiliency and to Reduce Carbon Footprint
Prnewswire· 2024-07-02 00:04
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 ...