On Thursday, Southern Co (NYSE:SO)’s shares inclined 0.39% to $46.51.
In a joint filing with the Georgia Public Service Commission, Southern Company (SO) and AGL Resources (GAS) requested that the Commission find that their projected merger complies with applicable Georgia law. The combination would unite two Georgia-based energy leaders that together serve about 9 million electric and gas utility customers in nine states.
When accomplished, the combination of Southern Company and AGL Resources is predictable to create the second-largest utility company in the U.S. by customer base, bringing together:
- Eleven regulated electric and natural gas distribution companies;
- Operations of nearly 200,000 miles of electric transmission and distribution lines;
- More than 80,000 miles of natural gas pipelines; and
- About 46,000 megawatts of electricity generating capacity.
Southern Company is already one of the largest consumers of natural gas in America, with that fuel accounting for nearly half of the electricity generated to serve customers’ needs. Southern Company’s full portfolio of energy resources also comprises carbon-free nuclear, 21st century coal, one of America’s largest renewable energy portfolios and energy efficiency.
A natural extension of the company’s commitment to finding real solutions for America’s energy future, Southern Company’s pending acquisition of AGL Resources will assist address one of the key challenges facing the energy industry – developing the infrastructure necessary to send low-priced natural gas to areas where it is increasingly needed.
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.
Mastercard Inc (NYSE:MA)’s shares dropped -0.71% to $99.33.
With the holidays upon us, shoppers are looking to conveniently check off their gifting lists. MasterCard cardholders from New York to California and everywhere in between now have the opportunity to leverage a simple and secure mobile payment option this holiday season as several new banks and credit unions are now live with Samsung Pay.
MasterCard cardholders with a consumer credit or debit card from Achieva Credit Union, Associated Bank, BayPort Credit Union, Bethpage Federal Credit Union, Cambridge Savings Bank, Citizens Equity First Credit Union (CEFCU), KeyBank, Navy Federal Credit Union, Security Services Federal Credit Union, SunTrust, USC Credit Union and Virginia Credit Union now have access to simple and secure everyday payments through Samsung Pay. Samsung device owners can use their MasterCard credit, debit and select prepaid and small business cards from these participating banks and credit unions directly through Samsung Pay.
Samsung Pay is accessible of the latest Samsung devices, counting the Galaxy S6 edge+, Galaxy Note5, Galaxy S6 edge, Galaxy S6 and Galaxy S6 active. The payment option operates at virtually any merchant terminal in the U.S. Cardholders shopping on the go can use the MasterCard Nearby app which, among many other benefits, can assist you locate hundreds of thousands of merchants that accept contactless payments.
MasterCard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. The company facilitates the processing of payment transactions, counting authorization, clearing, and settlement, in addition to delivers related products and services. It also offers value-added services, such as loyalty and reward programs, and information and consulting services.
At the end of Thursday’s trade, Plug Power Inc (NASDAQ:PLUG)‘s shares dipped -2.68% to $2.18.
Plug Power Inc. (PLUG), declared that it has been named to the 2015 Food Logistics FL100+ list. Food Logistics is the only publication dedicated exclusively to the global food and beverage supply chain. The publication’s twelfth annual FL100+ list profiles innovative technology and software providers who influence the global food and beverage supply chains.
Plug Power’s notable solution, GenKey, is revolutionizing the hydrogen and fuel cell market for material handling applications. GenKey assists food and beverage companies smoothly transition their material handling vehicles over to hydrogen fuel, with Plug Power serving as the single-source vendor providing:
- GenDrive fuel cell units
- GenFuel hydrogen and fueling infrastructure
- GenCare service and aftermarket support
GenKey was launched in January 2014, and has seen tremendous continued adoption in 2015 with new food and beverage customers counting Dietz and Watson and FreezPak, and repeat orders from customers counting Newark Farmers Market and Kroger.
Plug Power can attribute the expansion of its serviceable market to improvements made within the GenFuel product suite. Formerly, Plug Power customers typically saw positive economic value with large-scale lift truck fleets, upwards of 50 trucks. Additionally, Plug Power’s innovative GenCare service now allows for remote monitoring of GenDrive and GenFuel systems, enabling real time data processing. As a result, Plug Power customer lift truck fleet performance continues to improve, now averaging out at 98% uptime.
Plug Power Inc., an alternative energy technology provider, engages in the design, development, manufacture, and commercialization of fuel cell systems for the industrial off-road markets worldwide. It focuses on proton exchange membrane (PEM) fuel cell and fuel processing technologies, and fuel cell/battery hybrid technologies.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified with such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.