SouthernNYSE: SO

McIntyre to lead Engineering and Operations team ATLANTA , Nov. 4, 2024 /PRNewswire/ -- Southern Linc, a subsidiary of Southern Company (NYSE: SO), has announced that Alan McIntyre has been named the Vice President of Engineering and Operations by the Southern Linc Board of Directors. He will lead a team that is known for providing highly reliable, highly resilient wireless voice and data services for Southern Company systems and users and for local and state government customers.

On November 1, 2024, Wolf Haldenstein Adler Freeman & Herz LLP announced that a federal securities class action lawsuit has been filed in the Southern District of New York. This lawsuit is on behalf of individuals who bought American depository shares of Xiao-I Corporation during its initial public offering on March 9, 2023, or between March 9, 2023, and July 12, 2024. Investors who suffered losses are encouraged to reach out to the firm for more information.

The Southern Company has demonstrated strong performance, achieving a 64% return over the past three years due to high energy demand and effective handling of Hurricane Helene's effects. Even with challenges like inflation and increasing interest rates, the company anticipates consistent earnings per share growth of 5-7%, thanks to economic activity in its regions. However, the current stock valuation at 23 times earnings raises some worries, making it less attractive than other income-generating investments in the industry.

The Southern Company (NYSE:SO) will hold its Q3 2024 Earnings Conference Call on October 31, 2024, at 1:00 PM ET. Key participants from the company include Greg MacLeod, Chris Womack, and Dan Tucker. Various analysts from firms like Goldman Sachs, Guggenheim Partners, and Bank of America will also join the call.

While the revenue and earnings per share (EPS) for Southern Co. (SO) provide insight into its performance for the quarter ending September 2024, it could be helpful to look at how these important figures stack up against Wall Street predictions and last year's results.

SO has projected earnings per share of $4.05 for the year 2024.

ROSEMEAD, Calif.--(BUSINESS WIRE)--Southern California Edison has announced that it will buy back all of its Series H Preference Stock, leading SCE Trust III to also redeem all of its 5.75% Fixed to Floating Rate Trust Preference Securities. The redemption is set for November 28, 2024, with a price of $25.00 for each Trust Preference Security, in addition to any unpaid dividends up to that date.

The deadline to become the Lead Plaintiff is December 16, 2024. A federal securities class action lawsuit has been filed in New York for those who bought shares of Xiao-I Corporation during its initial public offering on March 9, 2023, or between March 9, 2023, and July 12, 2024. Investors who lost money are encouraged to reach out to the firm at [email protected] or call (800) 575-0735 or (212) 545-4774.

On October 25, 2024, Wolf Haldenstein Adler Freeman & Herz LLP announced that a federal class action lawsuit has been filed in the Southern District of New York for investors who bought American depository shares of Xiao-I Corporation (NASDAQ: AIXI) during its initial public offering around March 9, 2023, and/or between March 9, 2023, and July 12, 2024. Investors who suffered losses are encouraged to reach out to the firm at [email protected] or by calling (800) 575-0735 or (212) 545-4774.