PENSACOLA, Fla., June 19, 2013 /PRNewswire/ -- Gulf Power Company today announced the redemption on July 19, 2013, of $30 million aggregate principal amount of its Series H 5.25% Senior Notes due July 15, 2033.
In trading on Monday, shares of Southern Company (NYSE: SO) crossed above their 200 day moving average of $45.05, changing hands as high as $45.06 per share.
The naysayers are shouting to sell utility stocks as interest rates nudge upwards. It seems many investors have heeded the call as the S&P Utility Index (XLU) collapsed by 8.8% in the month of May.
ATLANTA, June 18, 2013 /PRNewswire/ -- Georgia Power was recently recognized by The Salvation Army for its work with the Project SHARE program, an emergency assistance fund specifically for residents of Georgia.
Southern Company (SO) has a strong dividend yield of 4.6%, an impressive return on equity of 12%, favorable forward P/E of 15.4x, and a low PEG of 3.3 as compared to its peers.
The most recent short interest data has been released by the NASDAQ for the 05/31/2013 settlement date, and we here at Dividend Channel like to sift through this fresh data and order the underlying components of the S&P 500 by �days to cover.
ATLANTA - Tea party activists in Georgia are taking what appears to be a rare stand on energy, challenging a power utility's reluctance to increase solar energy and questioning the ballooning costs of building a nuclear power plant.
In a report published Friday, Jefferies analyst Paul B. Fremont downgraded the rating on The Southern Company (NYSE: SO) from Buy to Hold, and lowered the price target from $53.50 to $46.00.
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