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Friday 22 January 2016
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Current Trade News Report on: Denbury Resources, (NYSE:DNR), U.S. Bancorp, (NYSE:USB), Southern Company, (NYSE:SO)

During Friday’s Morning trade, Shares of Denbury Resources Inc. (NYSE:DNR), lost -1.98% to $6.43, as oil prices slipped on Friday but remained stuck in tight trading ranges as investors awaited the outcome of Iranian nuclear talks which could lead to a big enhance in Iranian crude exports.

The market also kept an eye on negotiations to try to avert a Greek debt default and avoid Greece’s exit from the euro, according to Reuters.

Denbury Resources Inc. operates as an independent oil and natural gas company in the United States. The company primarily focuses on improved oil recovery utilizing carbon dioxide.

Shares of U.S. Bancorp (NYSE:USB), inclined 0.60% to $44.57, during its current trading session.

U.S. Bancorp, is investing $5.6 million in the construction of a new, nearly $20 million medical facility for the Northern Nevada HOPES clinic that will care for an additional 400 patients a month, counting for the first time, primary pediatric care.

The clinic, which is operating out of a modular building at 580 W. Fifth St., is under construction now and is slated to be accomplished by December. The new 37,500-square-foot building will span three stories and be named for its benefactor “The Stacie Mathewson Community Wellness Center.”

“The new HOPES clinic will be Reno’s first integrated care facility, where patients will have access to a wide range of medical and wellness services in one location,” said HOPES CEO Sharon Chamberlain.

It will become a “medical home” for 10,000 patients a year, the vast majority of whom are low-income or homeless individuals. A medical home is akin to a traditional physician’s office where all non-urgent care starts and is coordinated.

U.S. Bancorp, a financial services holding company, provides a range of financial services in the United States. It offers depository services, which comprise checking accounts, savings accounts, and time certificate contracts; and lending services, such as traditional credit products, in addition to credit card services, leasing, financing and import/export trade, asset-backed lending, agricultural finance, and other products.

Finally, Southern Company (NYSE:SO), gained 0.07%, and is now trading at $41.64, hitting its lowest level.

The Southern Company, partner Southern Power declared that its commitment to develop renewable generation has surpassed 400 megawatts (MW) in the state of Georgia with the acquisition of the 20-MW Butler Solar Farm from Strata Solar.

“By harnessing emerging technologies, and innovating around the full energy portfolio, Southern Company continues to fulfill our promise to deliver real solutions for America’s energy future,” said Southern Company Chairman, President and CEO Thomas A. Fanning.

Strata Solar launched the project, which was selected by Southern Company partner Georgia Power in a competitive process through the nationally recognized Georgia Power Advanced Solar Initiative.

Construction is slated to start in July, with Strata Solar managing the engineering, procurement and construction of the facility. Southern Power will provide the onsite operation and maintenance of the facility in partnership with First Solar.

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.

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