Southern Company(SO)

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Norfolk Southern names Claude Mongeau chair of the board of directors
prnewswire.com· 2024-05-28 12:00
Francesca A. DeBiase to serve as chair of Governance and Nominating Committee Richard H. Anderson to serve as chair of Human Capital Management and Compensation Committee ATLANTA, May 28, 2024 /PRNewswire/ -- Norfolk Southern Corporation's (NYSE: NSC) Board of Directors has unanimously appointed Claude Mongeau, former CEO of Canadian National Railway Company, as the independent chair of the board, effective immediately. Mongeau will serve as chair of the Executive Committee and resign from his positions on ...
Norfolk Southern agrees to $310 million federal settlement over Ohio train derailment
cnbc.com· 2024-05-23 19:40
Officials continue to conduct operation and inspect the area after the train derailment in East Palestine, Ohio, United States on February 17, 2023. Norfolk Southern has agreed to pay $310 million to settle charges over a toxic train derailment in East Palestine, Ohio, in February 2023, the company announced on Thursday. The agreement resolves a lawsuit filed in March 2023 by the EPA and the U.S. Department of Justice against Norfolk Southern for allegedly violating the Clean Water Act after the derailment ...
Norfolk Southern reaches agreement to resolve federal East Palestine derailment claims and investigations
prnewswire.com· 2024-05-23 15:35
Agreement establishes long-term health monitoring and mental health services for residents and first responders, codifies rail safety improvements, and recognizes Norfolk Southern's extensive community investments ATLANTA, May 23, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) has reached an agreement on a consent decree with the U.S. Department of Justice (DOJ), U.S. Environmental Protection Agency (EPA), and U.S. Department of the Interior (DOI) to resolve all their claims and investigation ...
First Heart Rhythm Patients in Southern Italy Treated with Advanced Robotic Technology
globenewswire.com· 2024-05-22 12:42
ST. LOUIS, May 22, 2024 (GLOBE NEWSWIRE) -- Stereotaxis (NYSE: STXS), a pioneer in surgical robotics for minimally invasive endovascular intervention, today announced that Hospital Santa Maria della Pietà, in Nola in the Metropolitan City of Naples, has established the first robotic cardiac heart program in Southern Italy. Patients suffering from heart rhythm disorders are now being successfully treated with robotic ablation procedures using this advanced technology, and Hospital Santa Maria della Pietà is ...
Which Is A Better Pick – Norfolk Southern Or Snowflake Stock?
forbes.com· 2024-05-20 13:00
The Snowflake Inc logo, which represents the American cloud computing-based data company that offers ... [+] cloud-based storage and analytics services, is being displayed on their pavilion at the Mobile World Congress 2024 in Barcelona, Spain, on February 28, 2024. (Photo by Joan Cros/NurPhoto via Getty Images) NurPhoto via Getty Images We think Norfolk Southern stock (NYSE: NSC) and Snowflake stock (NYSE: SNOW) will offer similar returns in the next three years. Although these companies are from different ...
Norfolk Southern to present at Wolfe 17th Annual Global Transportation and Industrials Conference
prnewswire.com· 2024-05-17 17:45
About Norfolk Southern Since 1827, Norfolk Southern Corporation (NYSE: NSC) and its predecessor companies have safely moved the goods and materials that drive the U.S. economy. Today, it operates a customer-centric and operations-driven freight transportation network. Committed to furthering sustainability, Norfolk Southern helps its customers avoid approximately 15 million tons of yearly carbon emissions by shipping via rail. Its dedicated team members deliver more than 7 million carloads annually, from ag ...
Simmons Bank Commits $1.25 Million to Support Southern Bancorp Community Partners' Minority Business Empowerment Program
prnewswire.com· 2024-05-17 13:30
Includes Simmons first EQ2 investment to support minority entrepreneurs in central Arkansas LITTLE ROCK, Ark., May 17, 2024 /PRNewswire/ -- Simmons Bank and Southern Bancorp Community Partners (Southern Bancorp) announced an agreement for a $1.25 million investment that will support Southern Bancorp's Minority Business Empowerment Program (MBEP), a business technical assistance program and loan fund supporting minority entrepreneurs in central Arkansas. Simmons Bank's support includes a 10-year, $1 million ...
Pete Sena to succeed Stephen Kuczynski as chairman and CEO of Southern Nuclear
Prnewswire· 2024-05-13 12:30
ATLANTA, May 13, 2024 /PRNewswire/ -- Southern Company today announced that Peter (Pete) P Sena III, president of Southern Nuclear, has been elected by the Southern Nuclear Board of Directors to succeed Stephen Kuczynski as chairman and CEO of Southern Nuclear following Kuczynski's retirement, effective June 28, 2024.After joining Southern Nuclear in 2011, Kuczynski led the existing operating fleet to top industry performance and brought online the first newly constructed nuclear power units in the U.S. in ...
Southern's (SO) Newest Reactor Begins Commercial Operations
Zacks Investment Research· 2024-05-07 13:31
The Southern Company (SO) recently announced that Georgia Power’s Vogtle Unit-4 has entered commercial operations, after years of delay. The Vogtle Unit 3 has been operational since Jul 31, 2023. Plant Vogtle is the largest generator of clean energy in the United States, with all its four units now in operation. The two-unit expansion of the plant is hailed as a milestone in the nuclear power industry.SO stated that Plant Vogtle, which is located close to Waynesboro, GA, is anticipated to generate more than ...
Southern (SO) Q1 Earnings Beat on Lower Operating Expense
Zacks Investment Research· 2024-05-07 12:46
Power supplier The Southern Company (SO) reported first-quarter 2024 earnings per share (excluding certain one-time items) of $1.03, ahead of the Zacks Consensus Estimate of 90 cents and significantly above the year-ago adjusted profit of 79 cents. The outperformance reflects lower-than-expected operating expenses to go with the positive effects of weather, rates, usage and pricing changes.Meanwhile, the utility reported revenues of $6.6 billion. The top line came in 2.6% higher than first-quarter 2023 sale ...