During Monday’s Current trade, Shares of Southern Co (NYSE:SO), gained 0.13% to $44.75.
Georgia Power reminds customers to shop and save this weekend during the state of Georgia’s annual sales tax holiday for energy efficient ENERGY STAR® products. Friday through Sunday across the state, shoppers who make a qualifying purchase are exempt from paying state and local sales tax on a number of household items such as appliances, compact fluorescent light bulbs (CFLs), doors/windows and thermostats.
In addition to saving on sales tax this weekend, customers who purchase qualified ENERGY STAR appliances counting refrigerators, air conditioners, clothes washers and more may be eligible to receive additional rebates from Georgia Power. The company is also offering additional instant savings of $2 – $6 on select packs of ENERGY STAR certified CFL’s and LED’s at participating Costco, The Home Depot and Walmart locations through the end of November.
Georgia’s sales tax holiday marks the start of National Energy Awareness Month, an annual recognition of the central role energy plays in national prosperity, security, and environmental well-being. Throughout October, Georgia Power is sharing news and information on the month-long event using #EnergyAwarenessMonth on Twitter, in addition to creative ways to save money and energy every day using #GAEnergyTips.
Georgia Power is the largest partner of Southern Company (SO).
Shares of Southern Co (NYSE:SO) presently have a rating of 3.08 according to Zacks Research. This value is based on a simplified scale where 1 is a Buy and 5 is a sell. The rating is based on the pooled information from 8 sell-side research firms on Wall Street covering the stock.
The Southern Company, together with its auxiliaries, operates as a public electric utility company. It is involved in the generation, transmission, and distribution of electricity through coal, nuclear, oil and gas, and hydro resources in the states of Alabama, Georgia, Florida, and Mississippi.
Shares of Atwood Oceanics, Inc. (NYSE:ATW), inclined 3.12% to $16.84, during its current trading session.
Atwood Oceanics, Inc. (ATW) declared that, effective, one of its auxiliaries agreed to a one-year extension and rate adjustment to its existing contract with Kosmos Energy Ventures for the ultra-deepwater rig, the Atwood Achiever. The Atwood Achiever commenced its three-year drilling services contract with Kosmos Energy on November 12, 2014, for operations offshore Northwest Africa. The agreement adjusts the operating day rate to about $495,500, net of taxes, and extends the contract end date to November 12, 2018. As part of the agreement, Kosmos Energy has an option, which may be exercised at any time through October 1, 2016, to revert the contract to the original operating day rate and original end date. Exercising this option will result in a payment that comprises the difference in day rates, taxes, and an administrative fee covering the time periods for which the reduced day rate was invoiced.
Andrew G. Inglis, Chairman and Chief Executive Officer of Kosmos Energy, remarked, “Following our recent basin-opening discovery offshore Mauritania, the extension of the Atwood Achiever contract will enable us to continue executing our active exploration and appraisal program in the Atlantic Margin. We enjoy an excellent relationship with Atwood Oceanics, and the Achiever continues to deliver safe and reliable drilling performance for Kosmos Energy.”
On other hand, Macquarie reissued their hold rating on shares of Atwood Oceanics (NYSE:ATW) in a research note issued to investors on Friday, MarketBeat reports. Macquarie presently has a $16.00 target price on the stock, down from their prior target price of $17.00.
Atwood Oceanics, Inc., an offshore drilling contractor, engages in the drilling and completion of exploratory and developmental oil and gas wells worldwide.
Paychex, Inc. (NASDAQ:PAYX), during its Monday’s current trading session gained 1.51% to $48.49.
A recent study commissioned by Paychex, Inc., a leading provider of payroll, human resource, insurance, and benefits outsourcing solutions for small- to medium-sized businesses, shows that more than half of small business owners are handling payroll, human resource, and benefits administration themselves. More than one-third of those relying on a service provider to administer such functions say peace of mind is the most important reason for doing so. The results were revealed recently as a part of the company’s latest Paychex Small Business Snapshot.
According to the Paychex Small Business Survey, of the more than 300 business owners surveyed, 56% of small business owners are administering payroll on their own. Sixty-five percent say they are handling HR administration themselves, and 59% stated taking care of their own benefits administration.
For the accounting community, the ability to counsel clients on how to best manage such tasks can assist to reinforce the relationship between a client and his or her most trusted adviser.
According to certified public accountant Todd Zgoda of Bruce Zgoda, CPA, in Buffalo, NY, it’s the risk of potential repercussions that top his list of reasons to recommend that clients enlist a service provider to administer business functions such as payroll, HR, and benefits.
Paychex, Inc. provides payroll, human resource, insurance, and benefits outsourcing solutions for small to medium-sized businesses in the United States and Germany. The company offers payroll processing services that comprise the calculation, preparation, and delivery of employee payroll checks; production of internal accounting records and administration reports; preparation of federal, state, and local payroll tax returns; and collection and remittance of clients payroll obligations.
Finally, MannKind Corporation (NASDAQ:MNKD), gained 0.15%, to $3.29.
MannKind Corporation (MNKD), focused on discovering, developing and commercializing therapeutic products for diabetes, declared recently that it will present at the Aegis Capital Corp. 2015 Growth Conference on Thursday, October 8, 2015 at 9:30 am Pacific Time at the Encore at the Wynn Hotel in Las Vegas, Nevada.
MannKind Corporation, a biopharmaceutical company, focuses on the discovery, development, and commercialization of therapeutic products for diabetes in the United States.
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