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Stock Market & Financial Investment News

News Breaks
May 26, 2013
15:31 EDTSOS&P revises Southern Co. and subsidiaries rating outlook to negative
On May 24, Standard & Poor's Ratings Services revised the rating outlook on Southern Co. and its operating subsidiaries to negative from stable. S&P stated, "At the same time, we affirmed the 'A' corporate credit rating on those entities and the 'BBB+' corporate credit rating on Southern Power Co. The rating outlook on Southern Power Co. is stable. The outlook revision on Southern Co. and its operating subsidiaries reflects our assessment of increased business risk as a result of a series of unfavorable regulatory, operational, and risk management developments. Over the past 12 months, adverse regulatory and project developments at Mississippi Power's integrated gasification combined cycle generation facility have contributed to a significant increase to the company's business risk and by association to Southern Co.'s business risk."
News For SO From The Last 14 Days
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June 29, 2015
10:51 EDTSOSupreme Court overrules EPA regulations on power plant pollution, The Hill says
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June 25, 2015
11:38 EDTSOSouthern says regulators agree to filing of stipulation
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June 24, 2015
09:04 EDTSOSouthern Company subsidiary surpasses 400 MW of solar development in Georgia
Southern Company subsidiary Southern Power has surpassed 400 MW in the state of Georgia with the acquisition of the 20-MW Butler Solar Farm from Strata Solar. The Butler Solar Farm is expected to enter commercial operation in Q4. Georgia Power will purchase the energy generated from the 20-MW farm under a 20-year power purchase agreement. Southern Power will retain the associated renewable energy credits, which it may sell to third parties.
June 22, 2015
19:56 EDTSOUtilities sector dips after EPA warns of 'significant risks' from climate change
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June 15, 2015
15:39 EDTSOSouthern Company backs FY15 EPS view $2.76-$2.88, consensus $2.84
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15:36 EDTSOSouthern Company sees FY15-FY17 CapEx $16.5B
Information taken from company slides presentation.

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