10:20am ET
Infrastructure
What a Key Analyst Has to Say About Southern Company’s Acquisition
Credit Suisse appreciates the longer-term motivations behind Southern Company's deal to acquire AGL Resources.
Chris Lange
Companies
/Utilities
Southern Company
$85.52
▼ $1.24 (−1.43%) today
Markets closed · 5:30am ET
SO Coverage
Page 11 Chris Lange 3:08pm ET
Energy
Southern Company Acquires AGL Resources Creating Country’s Second Largest Utility
ThinkstockSouthern Co. (NYSE: SO) announced Monday that it is acquiring AGL Resources Inc. (NYSE: GAS) in a deal worth $8 billion in equity value and approximately $12 billion including debt. The merged…
Paul Ausick 3:57pm ET
Energy
Merrill Lynch Picks the Winners and Losers of the Utilities Sector
Merrill Lynch believes the Federal Reserve rate hike could potentially act as the removal of an overhang on utilities rather than as a negative catalyst.
8:10am ET
Infrastructure
Deutsche Bank Loves High-Yielding Utilities: 4 to Buy Now
A new research note from Deutsche Bank says that utilities are cheap, and all of the quality companies yielding 4% or more make very good sense for the last half of 2015.
1:55pm ET
Infrastructure
Have Utilities Now Sold Off Too Much?
Institutions and retail investors alike have been exiting the utilities for the better part of the past 60 days in order to be out ahead of the coming Federal Reserve's interest rate…
8:10am ET
Investing
Top Analyst Upgrades and Downgrades: Alibaba, Cree, JD.Com, RF Micro, Kraft, Sprint, Visa and More
These are the top analyst upgrades and downgrades featured by 24/7 Wall St. for Thursday, October 30, 2014.
8:18am ET
Investing
Top Analyst Upgrades and Downgrades: FuelCell, JDSU, King, SunEdison, Google, Facebook and More
Jon OggStocks were well up on Wednesday morning. While volatility has returned to the stock market, it seems as though investors are looking to accumulate stocks that have sold off and that…
9:06am ET
Investing
The Highest-Yielding Dividends That Are Safe to Hold
ThinkstockDividend payments by S&P 500 companies reached an all-time high last year, totaling some $330.8 billion, according to FactSet. As of this March, 418 of the 500 companies in the index paid…
10:00am ET
Energy
Southern Company Buys New Mexico’s Biggest Solar Farm From First Solar
ThinkstockSouthern Company (NYSE: SO) announced Friday that it is partnering with Turner Renewable Energy to buy New Mexico’s largest solar facility from First Solar (NASDAQ: FSLR). Terms of the deal were not…
10:25am ET
Infrastructure
Premium Values in Utilities Show Risk If Interest Rates Rise
ThinkstockWith both the S&P 500 and the Dow Jones Industrial Average hitting new all-time highs this week, investors have to wonder how they should be positioning themselves for the rest of the…
8:10am ET
Investing
Top Analyst Upgrades and Downgrades: Ariad, Chipotle, Disney, FireEye, L-3, SINA and More
These are the top analyst upgrades, downgrades and initiations seen on Monday, May 5, 2014. They include ARIAD Pharmaceuticals, Chipotle Mexican Grill, Disney, FireEye, L-3 Communications and SINA.
6:19am ET
Investing
The Highest-Yielding Dividends That Are Safe to Hold
ThinkstockThe number of companies paying dividends in the S&P 500 is at a 15-year high. According to FactSet, just over 80 companies in the index do not pay dividends. Paying dividends has…
2:36pm ET
Energy
First Solar Sells Another Solar Energy Project
ThinkstockFirst Solar Inc. (NASDAQ: FSLR) said today that it has sold its Campo Verde solar energy project to a subsidiary of Southern Company (NYSE: SO) and Turner Renewable Energy. The sale price…
11:45am ET
Infrastructure
Dividend Cut at Exelon a Sign of Things to Come? (EXC, DUK, D, AEP, SO)
ThinkstockAfter reporting pretty much awful results this morning, Exelon Corp. (NYSE: EXC) let investors know that it would also cut its quarterly dividend by a whopping 41%, from $0.525 to $0.31. The…
4:06pm ET
Investing
24/7 Wall St. Closing Bell — January 30, 2013: Markets Slide on GDP, Fed Stimulus (WBSN, JBLU, KBH, YUM, CSCO, AMZN, BRCM, RYL, RHI, BA, ADT, LLL, PSX, NOC, SO, CTXS, COP, EA, FB, JDSU, LVS, AET, MO, AN, CL, DNKN, MA, PHM, TWC, UPS, RIMM, CHK, VTUS)
U.S. equity markets opened mixed this morning following a depressing report on U.S. GDP growth, which turned out to be negative (more coverage here). Even a good jobs report from ADP couldn’t…