Southern Co. (SO) Declares $0.64 Quarterly Dividend; 4.4% Yield

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U.S. sees $18 billion from purchases in nuclear power agreement with Poland

October 19, 2020 11:21 AM EDT

By Timothy Gardner

WASHINGTON (Reuters) - The United States and Poland have struck a nuclear power agreement in which Poland will likely buy $18 billion in nuclear technology from U.S. companies, the U.S. energy department said on Monday.

The United States has been competing with China and Russia and other countries to supply nuclear power technology to countries hoping to build their first reactors, or boost their programs.

"We are hopeful that the ultimate decisions that are... More

Gilat Satellite Networks (GILT) Chosen by Southern Linc for 4G Cellular Backhaul Services

October 19, 2020 7:11 AM EDT

Gilat Satellite Networks Ltd. (NASDAQ: GILT), a worldwide leader in satellite networking technology, solutions and services, has been awarded by three-year managed service contract for cellular backhaul by Southern Linc, a fully owned subsidiary of Southern Company. Gilat met Southern Lincs requirements of enabling embedded accelerated MPLS traffic, coupled with cellular 4G with GTP acceleration, a major technological innovation in satellite transmission.

The agreement will enable Southern Linc to use satellite transmission... More

Southern Co. (SO) PT Raised to $66 at KeyBanc

October 19, 2020 4:41 AM EDT

KeyBanc analyst Sophie Karp raised the price target on Southern Co. (NYSE: SO) to $66.00 (from $65.00) while maintaining a Overweight rating.... More