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Norfolk Southern Reaches Tentative Collective Bargaining Agreement with International Brotherhood of Electrical Workers
Prnewswire· 2024-10-21 23:05
Tentative agreement comes in advance of the next collective bargaining round, delivering significant future enhancements to pay, health care, and vacation.ATLANTA, Oct. 21, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) announced today that it has reached a tentative five-year collective bargaining agreement with the International Brotherhood of Electrical Workers (IBEW). The most recent agreement pushes the coverage of the union workforce under early tentative deals to approximately 67%.The ...
Georgia Power awarded $160 million from Department of Energy to enhance Georgia's power grid
Prnewswire· 2024-10-21 22:15
Funding focused on innovative approaches to expanding transmission capacity and adding resiliency as company works to meet the energy needs of a growing GeorgiaATLANTA, Oct. 21, 2024 /PRNewswire/ -- Georgia Power, the state's largest electric utility serving 2.7 million customers, has been awarded more than $160 million in funding by the Department of Energy (DOE) through its Grid Deployment Office. As Georgia continues to grow, the company is ensuring that customers have access to clean, safe, reliable, an ...
Southern States Bancshares, Inc. Announces Third Quarter 2024 Financial Results
GlobeNewswire News Room· 2024-10-21 19:00
Third Quarter 2024 Performance and Operational Highlights Net income of $7.4 million, or $0.76 per diluted shareCore net income(1) of $8.7 million, or $0.89 per diluted share(1)Core pretax pre-provision net income(1) of $13.8 millionNet interest income of $24.2 million, an increase of $2.7 million from the prior quarterNet interest margin (“NIM”) of 3.65%, up 9 basis points from the prior quarterNIM of 3.66% on a fully-taxable equivalent basis (“NIM - FTE”)(1)Return on average assets (“ROAA”) of 1.05%; retu ...
Southern Co. (SO) Beats Stock Market Upswing: What Investors Need to Know
ZACKS· 2024-10-19 07:05
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· 2024-10-18 03:25
文章核心观点 - 2024年,Nicor Gas公司的社区联系中心(C3)获得了E Source 2024年度住宅客户体验成就奖 [1] - C3是一个一站式服务中心,为符合条件的客户提供能源效率、账单支付援助和基本生活需求支持 [2] - 自2022年推出以来,C3团队已帮助Nicor Gas客户获得超过1850万美元的能源援助补助,为超过4500名客户提供了免费的能源效率服务,并为超过5000个家庭提供了免费食品 [2] 公司概况 - Nicor Gas是Southern Company Gas的四家天然气分销公司之一,服务于伊利诺伊州北部三分之一的地区,拥有超过230万客户 [4] - Southern Company Gas是总部位于亚特兰大的Southern Company(NYSE:SO)的全资子公司,为约440万天然气公用事业客户提供服务,同时还从事天然气批发、储存等其他业务 [5]
Georgia Power offers Installment Payment Plans for customers following Hurricane Helene
Prnewswire· 2024-10-18 03:12
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· 2024-10-17 06:30
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 22:10
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· 2024-10-11 04:15
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 22:15
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 ...