Borders & Southern off 10% after £1.5m fundraiser
Borders & Southern Petroleum (AIM:BOR) shares fell 10% after it announced it had raised £1.5 million to support the development of its Darwin Gas Condensate discovery in the Falkland Islands. The funding comes from a share placing and a subscription by the company's directors, with 100 million new shares issued at 1.5 pence each—a 16.67% discount on the previous day's closing price.
Southern Co. (SO) Ascends While Market Falls: Some Facts to Note
In the closing of the recent trading day, Southern Co. (SO) stood at $90.88, denoting a +0.78% change from the preceding trading day.
The Southern Company: Time To Lock In Gains
The Southern Company is a regulated utility benefiting from stable returns. However, it is not as dynamic as merchant power producers. Georgia's economic expansion and increasing power demand drive Southern's growth, but regulatory approvals and capital constraints limit the pace of growth. Southern's 3.1% dividend yield is below its historical average, raising scepticism about the sudden improvement in growth expectations.
Southern Co shuts Georgia nuclear reactor in wake of hurricane
Southern Company took one nuclear reactor offline and reduced output from another at its Hatch plant in Georgia after Hurricane Helene damaged the region's electrical grid, the company told Reuters on Friday.
Here's Why Southern Co. (SO) Fell More Than Broader Market
In the most recent trading session, Southern Co. (SO) closed at $89.35, indicating a -0.42% shift from the previous trading day.
Norfolk Southern's Undeniable Potential: A Turnaround You Don't Want To Miss
I initially considered selling Norfolk Southern Corporation to reduce my portfolio but decided to hold due to its wide moat, promising turnaround potential, and dividend growth. Despite recent struggles, including intermodal weakness and derailments, Norfolk Southern is improving operations, cutting costs, and positioning itself for future growth. In the long term, I expect economic reshoring and efficiency gains to drive strong returns. Norfolk Southern's dividend growth and recovery make it a valuable part of my portfolio.
Southern's Shares Surge 29% Year to Date: Time to Buy or Hold?
Stable Cash Flow, dividend Stability and strong nuclear initiatives boost SO's outlook, but risks from gas price fluctuations and high costs make investors cautious.
Allarity Therapeutics, Inc Class Action Alert: Wolf Haldenstein Adler Freeman & Herz LLP reminds investors that a securities class action lawsuit has been filed in the United States District Court for the Southern District of New York against Allarity The
Upcoming Lead Plaintiff Deadline is November 12, 2024 NEW YORK, NY / ACCESSWIRE / September 23, 2024 / Wolf Haldenstein Adler Freeman & Herz LLP ("Wolf Haldenstein") announces that a federal securities class action lawsuit has been filed in the United States District Court for the Southern District of New York on behalf of persons and entities that purchased or otherwise acquired Allarity Therapeutics, Inc. ("Allarity" or the "Company") (NASDAQ:ALLR) securities between May 17, 2022 and July 19, 2024, inclusive (the "Class Period"). CLICK HERE TO PROVIDE CONTACT INFORMATION AND JOIN THE CASE All investors who purchased shares and incurred losses are advised to contact the firm immediately at [email protected] or (800) 575-0735 or (212) 545-4774.
Southern Co. (SO) Stock Drops Despite Market Gains: Important Facts to Note
Southern Co. (SO) concluded the recent trading session at $88.86, signifying a -0.17% move from its prior day's close.
The Zacks Analyst Blog The Home Depot, The Southern, Infosys, Kewaunee Scientific and Friedman Industries
The Home Depot, The Southern, Infosys, Kewaunee Scientific and Friedman Industries are included in this Analyst Blog.
Southern Co. (SO) Outperforms Broader Market: What You Need to Know
The latest trading day saw Southern Co. (SO) settling at $89.44, representing a +1.07% change from its previous close.
Norfolk Southern To See Volume Gains Amid Productivity Improvements Despite Management Churn: Analyst
BofA Securities analyst Ken Hoexter reiterated the Buy rating on Norfolk Southern Corporation NSC, with a price objective of $259.
