Edition:
United States

Southern Co (SO.N)

SO.N on New York Stock Exchange

44.01USD
21 Sep 2018
Change (% chg)

$0.72 (+1.66%)
Prev Close
$43.29
Open
$43.16
Day's High
$44.13
Day's Low
$43.16
Volume
6,451,409
Avg. Vol
1,593,654
52-wk High
$53.51
52-wk Low
$42.39

Latest Key Developments (Source: Significant Developments)

Southern Nuclear Says Scheduled Refueling Activities Underway At Plant Vogtle Unit 1
Monday, 17 Sep 2018 10:31am EDT 

Sept 17 (Reuters) - Southern Nuclear::SCHEDULED REFUELING ACTIVITIES UNDERWAY AT PLANT VOGTLE UNIT 1.SOUTHERN NUCLEAR SAYS SEVERE WEATHER RESULTING FROM HURRICANE FLORENCE HAD NO IMPACT ON SCHEDULED REFUELING OUTAGE ACTIVITIES.  Full Article

Southern Power Enters Agreement To Sell Minority Interest In Solar Portfolio
Wednesday, 23 May 2018 07:00am EDT 

May 23 (Reuters) - Southern Co ::PRESS RELEASE - SOUTHERN POWER ENTERS INTO AN AGREEMENT TO SELL A MINORITY INTEREST IN SOLAR PORTFOLIO.SOUTHERN POWER SAYS DEAL FOR $1.175 BILLION.SOUTHERN POWER SAYS ENTERED INTO AGREEMENT TO SELL 33 PERCENT MINORITY INTEREST IN SOLAR PORTFOLIO TO GLOBAL ATLANTIC FINANCIAL GROUP LIMITED.SOUTHERN POWER SAYS PORTFOLIO OF PROJECTS INVOLVED IN DEAL IS COMPRISED OF 26 OPERATING SOLAR FACILITIES.  Full Article

Southern Co- Gulf Power SpA Provides Upon Termination Of Deal Under Certain Circumstances, Purchaser To Pay Co Fee Of $100 Mln/$200 Mln
Monday, 21 May 2018 08:14am EDT 

May 21 (Reuters) - Southern Co: :SOUTHERN CO- GULF POWER SPA PROVIDES UPON TERMINATION OF DEAL UNDER CERTAIN SPECIFIED CIRCUMSTANCES, PURCHASER TO PAY CO FEE OF $100 MILLION/$200 MILLION.SOUTHERN CO - PRETAX IMPAIRMENT CHARGE RELATED TO SALE OF GENERATING PLANTS IN FLORIDA OF ABOUT $120 MILLION ($90 MILLION AFTER TAX) TO BE RECORDED IN Q2 2018.SOUTHERN CO - GULF POWER SPA ALSO PROVIDES UPON CERTAIN OTHER SPECIFIED CIRCUMSTANCES CO TO PAY PURCHASER A TERMINATION FEE OF $100 MILLION.  Full Article

Georgia Power Announces Early Tender Results
Monday, 21 May 2018 07:00am EDT 

May 21 (Reuters) - Southern Co ::GEORGIA POWER COMPANY ANNOUNCES EARLY TENDER RESULTS AND UPSIZING OF CASH TENDER OFFERS FOR SENIOR NOTES.GEORGIA POWER COMPANY - "AGGREGATE MAXIMUM PURCHASE PRICE" OF OFFERS INCREASED TO AMOUNT SUFFICIENT TO ALLOW PURCHASE OF $749.9 MILLION PRINCIPAL AMOUNT.  Full Article

Georgia Power Announces Cash Tender Offers For Up To $750 Mln Purchase Price Of Senior Notes
Monday, 7 May 2018 10:27am EDT 

May 7 (Reuters) - Georgia Power Company::GEORGIA POWER COMPANY ANNOUNCES CASH TENDER OFFERS FOR UP TO $750 MILLION IN AGGREGATE PURCHASE PRICE OF SENIOR NOTES.SAYS EACH OFFER WILL EXPIRE AT 11:59 P.M., NEW YORK CITY TIME, ON JUNE 4, 2018, UNLESS EXTENDED OR EARLIER TERMINATED.SAYS EXPECTS TO FUND PURCHASE PRICE OF ANY NOTES PURCHASED USING CASH ON HAND OR AVAILABLE LIQUIDITY.  Full Article

Georgia Power Announces Redemption Of Series 2008B 5.40% Senior Notes Due June 1, 2018
Wednesday, 28 Mar 2018 10:30am EDT 

March 28 (Reuters) - Southern Co ::GEORGIA POWER ANNOUNCES REDEMPTION OF SERIES 2008B 5.40% SENIOR NOTES DUE JUNE 1, 2018.SOUTHERN CO - REDEMPTION, ON APRIL 27, 2018 OF ALL $250 MILLION OF SERIES 2008B 5.40% SENIOR NOTES DUE JUNE 1, 2018.  Full Article

Southern Co Files For Potential Mixed Shelf Offering
Wednesday, 21 Feb 2018 06:25pm EST 

Feb 21 (Reuters) - Southern Co ::SOUTHERN CO FILES FOR POTENTIAL MIXED SHELF OFFERING; SIZE NOT DISCLOSED - SEC FILING.  Full Article

Southern Co Reports Qtrly EPS Of $0.49
Wednesday, 21 Feb 2018 06:15am EST 

Feb 21 (Reuters) - Southern Co ::QTRLY OPERATING REVENUES $5,629 MILLION VERSUS $5,181 MILLION.QTRLY EARNINGS PER SHARE $0.49.AS RESULT OF TAX REFORM LEGISLATION, THE SOUTHERN COMPANY SYSTEM RECORDED TOTAL INCOME TAX BENEFIT OF $264 MILLION IN Q4 2017.Q4 EARNINGS PER SHARE VIEW $0.46, REVENUE VIEW $5.03 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Georgia Power moves forward with Vogtle 3, 4 project
Thursday, 21 Dec 2017 10:30am EST 

Dec 21 (Reuters) - Southern Co ::GEORGIA POWER WILL MOVE FORWARD WITH VOGTLE 3 & 4 PROJECT.RECEIVED UNANIMOUS APPROVAL FROM GEORGIA PUBLIC SERVICE COMMISSION TO COMPLETE VOGTLE 3 & 4 NEAR WAYNESBORO.UNIT 3 EXPECTED ONLINE IN NOVEMBER 2021 & UNIT 4 IN NOVEMBER 2022.AGREED TO NEW PENALTIES FOR DELAYS, COST INCREASES IN ADDITION TO PENALTIES FROM PREVIOUS DEAL APPROVED EARLIER THIS YEAR BY GEORGIA PSC.UNDER THE AMENDED STRUCTURE, SHAREHOLDERS WILL SEE IMPACT OF ABOUT $750 MILLION THROUGH NOVEMBER 2022.  Full Article

Georgia Power Says Working With At&T For A Georgia-Based Trial Of AT&T's Airgig Technology
Wednesday, 13 Dec 2017 05:01pm EST 

Dec 13 (Reuters) - Southern Co ::GEORGIA POWER SAYS WORKING WITH AT&T FOR A GEORGIA-BASED TRIAL OF AT&T'S AIRGIG TECHNOLOGY.  Full Article