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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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July 24, 2014
08:14 EDTSOMistras awarded fleet-wide contract by Southern Nuclear
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July 17, 2014
16:35 EDTSOSouthern Company subsidiary reaches two testing milestones
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