|Day's Range||50.35 - 50.55|
|52 Week Range||46.20 - 54.64|
|PE Ratio (TTM)||18.87|
|Dividend & Yield||2.32 (4.60%)|
|1y Target Est||N/A|
Bechtel Corp. and Fluor Corp. are considering bids to take over construction of Southern Co.’s Plant Vogtle expansion in Georgia, Bloomberg is reporting based on unnamed sources. At issue is finding some contractor to replace Westinghouse Electric, the designer and principal contractor for the two 1,100-plus-megawatt reactors under construction at Vogtle. Westinghouse has filed for Chapter 11 bankruptcy protection and is facing more than $6.1 billion in losses due to cost overruns at Vogtle in Georgia.
Various media outlets report Westinghouse Electric Co. has locked union workers out of a New Hampshire manufacturing plant that makes nuclear parts for reactors, including those being built at SCANA Corp.’s V.C. Summer plant and the similar Southern Co. Plant Vogtle project. The lockout involves 172 workers represented by the International Brotherhood of Boilermakers, Iron Shipbuilders, Blacksmiths, Forgers and Helpers union.
The Southern Company recently entered into a tentative agreement with Japan's Toshiba Corp's U.S. nuclear unit, Westinghouse Electric Company.