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Southern Company - SO STOCK NEWS

Welcome to our dedicated news page for Southern Company (Ticker: SO), a resource for investors and traders seeking the latest updates and insights on Southern Company.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Southern Company's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Southern Company's position in the market.

Rhea-AI Summary
Nicor Gas's VP Meena Beyers to Speak at SXSW on Climate Innovation and Sustainability Initiatives
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.35%
Tags
conferences
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Rhea-AI Summary
Georgia Power's investments in a 'smarter grid' have led to fewer power outages and quicker restoration times. Over the past decade, the company has spent over $10 billion on strengthening the grid, resulting in improved reliability. In 2023, Georgia Power saw a 15% decrease in power outages and 27 minutes faster restoration times. The installation of smart devices and automated technology played a significant role in achieving high service reliability. The company's diverse generation resources, including renewable energy, also contributed to maintaining reliability at a high level.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.98%
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none
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Rhea-AI Summary
Georgia Power's Vogtle nuclear expansion project achieves a significant milestone as Unit 4 generates electricity and connects to the electric grid for the first time. The project aims to provide clean, safe, and affordable energy to millions of customers in Georgia, with Unit 3 already in commercial operation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.58%
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none
Rhea-AI Summary
Southern Company tops Fortune magazine's World's Most Admired Companies list for 2024 as the No. 1 electric and gas utility globally. The recognition reflects the company's exceptional service and commitment to delivering clean, safe, reliable, and affordable energy solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.32%
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none
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Rhea-AI Summary
Southern Company reported strong fourth-quarter and full-year earnings in 2023, with net income of $855 million and $4.0 billion respectively. Excluding items, the company earned $700 million in Q4 and $3.982 billion for the year. Adjusted earnings drivers included higher utility revenues and lower costs offset by increased depreciation and interest expenses.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.45%
Tags
earnings
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Rhea-AI Summary
Nicor Gas and the City of Aurora collaborate on a new Smart Neighborhoods™ project, with an educational exhibit highlighting smart and connected technologies for a sustainable future.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.44%
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none
Rhea-AI Summary
Georgia Power's Vogtle nuclear expansion project reaches initial criticality for Unit 4, marking a significant step towards electricity generation. The project aims to provide clean, safe, and reliable energy to millions of customers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.44%
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none
-
Rhea-AI Summary
Southern Company's Moving to Equity report for 2023 showcases the company's dedication to diversity, equity, and inclusion, with increased representation for people of color and women in the workforce and management roles. The report also highlights the company's progress in spending with diverse suppliers, community initiatives, and the launch of a refreshed core values framework.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.33%
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none
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Rhea-AI Summary
Southern Company and Samsung SmartThings have signed a Letter of Intent (LOI) to collaborate on innovative projects in consumer energy management and smart-home automation. The collaboration aims to reduce energy costs and greenhouse gas emissions by providing personalized, automated solutions. The partnership will involve creating an innovation laboratory, implementing a custom user experience for energy efficiency, and supporting Smart Neighborhood projects. The engagement is expected to enhance customer lives and advance energy efficiency.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.33%
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none
Rhea-AI Summary
Southern Company has been named the No. 1 most-admired electric and gas utility worldwide by Fortune magazine's World's Most Admired Companies list for 2024. The ranking is based on a survey of over 3,700 executives, directors, and financial analysts. This recognition highlights the exceptional service provided by the 27,000 Southern Company system employees in delivering clean, safe, reliable, and affordable energy solutions for customers and communities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.14%
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none
Southern Company

NYSE:SO

SO Rankings

SO Stock Data

77.52B
1.09B
0.15%
66.29%
1.34%
Other Electric Power Generation
Utilities
Link
United States
Atlanta

About SO

Southern Company is an American gas and electric utility holding company based in the southern United States. It is headquartered in Atlanta, Georgia, with executive offices also located in Birmingham, Alabama. The company is the second largest utility company in the U.S. in terms of customer base, as of 2021.