Company Overview and News
Colder weather in the Southeast should neutralize mild weather worries and bolster top-line growth in the fourth quarter. (2-0)
Since the Jan 3 announcement of the proposed acquisition of Scana (SCG) by Dominion Energy (D), both stocks have fallen. The terms have been widely reported and recapped in my SA article of a few weeks ago. Just before the announcement, D was trading at $80 and SCG was trading just above $38. D had been rising steadily during the 4th qtr, rising from $76 on Oct 2 to a new high of $84 on Dec 15. SCG, on the other hand, was trading down during the 4th qtr, from $48.
Jan 18 (Reuters) - Toshiba Corp said on Thursday it had clinched an agreement to sell its claims in bankrupt U.S. nuclear plant maker Westinghouse Electric Co LLC in a deal that would add $3.7 billion to the Japanese owner’s depleted capital base. (4-0)
(Reuters) - Westinghouse Electric Co LLC, Toshiba Corp’s (6502.T) nuclear services business, has made an agreement with its creditors that will clear the company’s path out of bankruptcy, according to three people familiar with the matter. (23-0)
Falling utility stock prices, political maneuvering in South Carolina, and skepticism about the merger are contributing to declines in the value of SCANA. (1-0)
I believe that someone who writes about financial assets should share his main holdings with his readers. (200-0)
According to the Wall Street analyst consensus, Southern Company (SO) stock has a mean price target of $50.0 against its current market price of $45.3, which indicates a potential gain of approximately 11% in a year. (1-0)
Rising interest rates and historically high valuations still make this a tricky time to invest in utilities. (21-0)
COLUMBIA, S.C. (AP) — The state's leaders can either accept a deal to take over a troubled South Carolina utility or watch the company fail, an executive for the company proposing to take over SCANA Corp. said Thursday.
Dominion Energy acquires SCANA Corporation and takes ownership of SCANA's exposure to a failed nuclear project.
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Preferred stock can be a great tool for boosting yield and understanding how preferred shares work is the key to purchasing the right shares. (225-0)
Regulators will be hard pressed to demand substantial changes above those management deems as face saving. (0-1)
A year ago I posted my first annual summary of investment performance on Seeking Alpha, and with this article I document the latest chapter in my now seven-year history as an individual investor. As before, the focus will be on my single stock picks, but I’ll briefly summarize my activity in other asset classes (more on that can be found in my last article, “Portfolio Strategy 2018”). My estimated 2017 pre-tax return on single stocks, net of fees and hedging costs, was 25. (419-2)
BALA CYNWYD, PA / ACCESSWIRE / January 8, 2018 / Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of SCANA Corporation (''SCANA'' or ''the Company'') (NYSE: SCG-News) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the sale of the Company to Dominion Energy, Inc. (''Dominion'').
2017-12-11 - Wilton
2017-12-11 - Wilton
2017-12-03 - Wilton
2017-11-27 - Wilton