Scana Corp. (delisted) (SCG) 뉴스

Should have seen this windfall coming when SCG declared VC Summer nuclear units 2+3 a total tax loss.
Those law firms filing lawsuits may be barking up the wrong tree. Anyone who had bought SCG earlier in the 50 dollar range can't be too upset because it would have taken years for SCG to recover. Too bad I didn't buy yesterday at $39.

CJ did you get in SCG
at $39.18

Only question is what price is the bottom?

Enron of 2017?

$SCG SCANA upgraded at Barclays after nuclear project abandoned

SCANA (SCG +4.1%) is upgraded to Overweight from Equal Weight with a $73 price target, raised from $65, at Barclays on optimism over the company's decision to abandon its new nuclear construction project at the V.C. Summer site.

Barclays sees a 50% chance - the most likely scenario - that SCG will recover all the money it spent on the project and execute a $650M share buyback initiative; the firm attributes a 10% chance that SCG will recover all of its money but be forced to spend $650M on building natural gas plants, and a 30% chance that it will get back half the money and use the money it is collecting from Toshiba to cut electricity rates.

The firm sees a 10% chance that SCG's net investment in the project is securitized, which it says would be a worst case scenario for the company.

$SCG SCANA to abandon new South Carolina nuclear project; shares halted

SCANA (SCG -0.6%) says its South Carolina Electric & Gas subsidiary will

cease construction of the two new nuclear units at the V.C. Summer Nuclear Station and file a plan of abandonment of the project; shares are halted.

SCG says its decision was reached after considering the additional costs to complete the units, the uncertainty over the availability of production tax credits for the project, the amount of anticipated guaranty settlement payments from Toshiba, and the decision of project co-owner Santee Cooper to suspend construction.

Fluor (FLR -3.5%), a party to two subcontracts to manage construction at the project, sinks on the news.

Lockout at Westinghouse plant could hit SCANA, Southern construction

Westinghouse Electric's lockout of 172 unionized workers at its nuclear components manufacturing plant in Newington, N.H., could impact construction at SCANA’s (SCG +0.6%) V.C. Summer plant and the similar Southern Co. (SO +0.3%) Vogtle project, reports say.

The Newington factory makes the reactor vessel barrel and other parts for new AP1000 plants such as those at Summer and Vogtle, and "disruptions in that supply chain could further complicate construction."

SCG and SO are deciding whether to continue building the reactors or abandon construction in the wake of Westinghouse's Chapter 11 bankruptcy filing in March.

SCANA to reassess reactor project after Westinghouse bankruptcy
SCANA (SCG -0.2%) and its partner, state-owned Santee Cooper, say they will spend at least the next 30 days determining whether the $14B V.C. Summer nuclear plant construction project in South Carolina should be completed following the bankruptcy of top contractor Westinghouse Electric.
CEO Kevin Marsh told investors on a conference call yesterday afternoon that SCG hopes to see the project finished, since the energy to come from two additional nuclear reactors is needed to meet customer demands.
"Our preferred option is to finish the plants. The least preferred option is abandonment,” said CEO Kevin Marsh.
The CEO says Westinghouse has agreed to stay on the job for the short term, and chief construction contractor Flour (FLR +1.3%) says it will continue work.
Critics say the over-budget and overdue project should be scrapped, fearing cutsomers will be hit with more rate hikes by SCG subsidiary South Carolina Electric & Gas.

SCANA hopes to finish South Carolina reactor despite Westinghouse woes
SCANA (SCG -1.1%) and state-owned utility Santee Cooper, partners on the project at the V.C. Summer Nuclear Station in South Carolina, say they are working with Westinghouse to reach an agreement, subject to bankruptcy court approval, that allows for work on the project to continue toward completion of the units.
The agreement, filed today with the court as part of Westinghouse's bankruptcy filings, allows for a transition and evaluation period during which SCG and Santee Cooper say they will determine the most prudent path forward for the project.
Both Santee Cooper and SCG subsidiary South Carolina Electric & Gas Co. have raised rates several times to fund the project, which is behind schedule and over the original projected cost.

SCANA Reports Financial-Results for Fourth-Quarter and Full-Year 2014 and Announces 2015 Guidance

Last update: 19/02/2015 7:30:08 am

SCANA Reports Financial Results for Fourth Quarter and Full Year 2014 and Announces 2015 Guidance

PR Newswire

CAYCE, S.C., Feb. 19, 2015

CAYCE, S.C., Feb. 19, 2015 /PRNewswire/ -- SCANA Corporation (NYSE: SCG) today announced earnings for the fourth quarter and full year 2014.

For the year ended December 31, 2014, SCANA reported earnings of $538 million, or basic earnings per share of $3.79, compared to earnings of $471 million, or basic earnings per share of $3.40, for the same period in 2013. The increase was driven by higher electric margins due primarily to favorable weather as well as Base Load Review Act rate increases, and customer growth. Higher gas margins and a decrease in the effective tax rate also contributed to the increase. Higher operation and maintenance expenses, expenses related to our capital program including interest expense, property taxes, and depreciation, as well as share dilution partially offset the increase in margins.

"2014 was certainly a very unusual year due to the significant impact of weather in both the winter and summer seasons, with abnormal weather contributing 21 cents per share to electric margins," said Jimmy Addison, Executive Vice President and Chief Financial Officer. "More importantly though, we continue to see improved economic conditions in all of our service territories with customer growth accelerating."

SCANA's earnings for the fourth quarter of 2014 were $105 million, or basic earnings per share of 73 cents, compared to earnings of $104 million, or basic earnings per share of 73 cents, for the fourth quarter of 2013.

FINANCIAL RESULTS BY MAJOR LINES OF BUSINESS

South Carolina Electric & Gas Company

Reported earnings for 2014 at South Carolina Electric & Gas Company (SCE&G), SCANA's principal subsidiary, were $458 million, or basic earnings per share of $3.23, compared to $391 million, or basic earnings per share of $2.82, in 2013. Increases in electric margins due primarily to favorable weather of 21 cents, Base Load Review Act rate increases, and customer growth, as well as higher gas margins, were partially offset by increases in operation and maintenance expenses, expenses related to our capital program including interest expense, property taxes, and depreciation, as well as share dilution. For the fourth quarter of 2014, SCE&G reported earnings of $75 million, or basic earnings per share of 53 cents compared to $72 million, or basic earnings per share of 51 cents, in the same quarter of 2013. The fourth quarter of 2014 experienced a negative 2 cents impact of unfavorable weather. At year-end 2014, SCE&G was serving approximately 688,000 electric customers and 338,000 natural gas customers, up 1.4 and 2.8 percent, respectively, over 2013.

PSNC Energy

PSNC Energy, the Company's North Carolina-based retail natural gas distribution subsidiary, reported 2014 earnings of $55 million, or basic earnings per share of 39 cents, compared to $52 million, or basic earnings per share of 37 cents, in 2013. The increase is primarily attributable to increased margins due to customer growth. Reported earnings in the fourth quarter of 2014 were $23 million, or basic earnings per share of 16 cents, consistent with the fourth quarter of 2013. At year-end 2014, PSNC Energy was serving approximately 521,000 customers, an increase of 2.5 percent over the previous year.

SCANA Energy - Georgia

SCANA Energy, the Company's retail natural gas marketing business in Georgia, reported 2014 earnings of $26 million, or basic earnings per share of 18 cents, compared to $24 million, or basic earnings per share of 17 cents, in 2013. Earnings in the fourth quarter of 2014 were $10 million, or basic earnings per share of 7 cents, compared to $8 million, or basic earnings per share of 6 cents in the fourth quarters of 2013. These increases reflect higher margins due to increased throughput during the first and fourth quarters.

Corporate and Other, Net

SCANA's corporate and other businesses, which include Carolina Gas Transmission (CGT), SCANA Communications (SCI), ServiceCare, SCANA Energy Marketing and the holding company, reported a loss of $1 million, or 1 cent per share in 2014, compared to earnings of $4 million, or basic earnings per share of 4 cents in 2013. For the fourth quarter of 2014, these businesses reported a loss of $3 million, or 3 cents per share, compared to near break-even results in the fourth quarter of 2013. This change is primarily the result of higher interest expense at the holding company due to the accelerated amortization of debt issuance costs associated with hybrid securities that were called at par in early 2015 prior to their maturity.

New Nuclear

Progress continues on V.C. Summer Units 2 and 3. 2014 marked some major accomplishments for the project such as the placement of the Unit 2 module CA20, the first ring of the Unit 2 containment vessel, the Unit 2 module CA05, and the containment vessel bottom head for Unit 3. Escalation continues to run below original expectations and due to the historically low interest rate environment over the last several years, customers will realize approximately $700 million in interest savings over the life of the debt issued to support the financing as the weighted average rate has been 4.99%, compared to the original estimate of 6.43%. Additionally, SCE&G has locked in rates for planned issuances over the next two years which will likely generate an additional $525 million in savings over the life of those issuances. In total, this equates to approximately $1.2 billion in interest savings that will be realized by our customers.

EARNINGS OUTLOOK

For 2015, the Company estimates that GAAP-adjusted earnings per share will be $3.60 to $3.80, with an internal target of $3.70 per share. The Company's average annual growth rate target for GAAP-adjusted earnings per share is 3 to 6 percent over the next 3 to 5 years. The Company is resetting its base year to 2014 GAAP-adjusted weather normalized earnings per share of $3.58 (reflecting a downward adjustment of 21 cents per share to normalize weather in the electric business). Excluded from the estimated 2015 GAAP-adjusted earnings per share is the effect of the aggregate estimated gains of approximately $1.40 per share expected to be recorded in the first quarter of 2015 from the sales of CGT and SCI. The CGT transaction closed on January 31, 2015 and the sale of SCI is expected to close by the end of the first quarter of 2015. These estimated gains are based on the terms of the particular stock purchase agreements and may be impacted by customary adjustments which may arise. Also, the estimated 2015 GAAP-adjusted earnings per share reflects a short term negative 4 cent per share impact as the proceeds from the sales of the two subsidiaries are not anticipated to be fully deployed to displace equity needs until 2016.

The following information is provided in accordance with SEC Regulation G. For 2015, the Company estimates that GAAP earnings per share will be in the range of $5.00 to $5.20, with an internal target of $5.10. This estimate includes the effects of all the items listed in the preceding paragraph in respect to the sales of CGT and SCI. Based on 2014 GAAP earnings per share of $3.79, the Company's average annual earnings per share growth rate target is 1 to 5 percent over the next 3 to 5 years.

The Company's management believes that these non-GAAP measures provide a meaningful representation of the Company's fundamental earnings power and can aid in performing period-over-period financial analysis and comparison with peer group data. In management's opinion, these non-GAAP measures serve as useful indicators of the financial results of the Company's primary businesses and as a basis for management's provision of earnings guidance and growth projections. In addition, management uses these non-GAAP measures in making resource allocation and other budgetary and operational decisions. These non-GAAP measures are not intended to replace the GAAP measures of earnings per share or average annual earnings per share growth rate, but are offered as supplements to those GAAP measures.

Factors and risks that could impact future earnings are discussed in the Company's filings with the Securities and Exchange Commission and below under the Safe Harbor Statement.

CONFERENCE CALL NOTICE

SCANA will host its quarterly conference call for security analysts at 3:00 p.m. ET on Thursday, February 19, 2015. The call-in numbers for the conference call are 1-888-347-3258 (US), 1-855-669-9657 (Canada) and 1-412-902-4279 (International). Participants should call in 5 to 10 minutes prior to the scheduled start time. A replay of the conference call will be available through March 5, 2015. The telephone replay numbers are 1-877-344-7529 (US), 1-855-669-9658 (Canada), and 1-412-317-0088 (International). The event code for the telephone replay is 10058449.

All interested persons, including investors, media and the general public, may listen to a live webcast and access related presentation materials of the conference call at the Company's website at www.scana.com. Participants should go to the website at least 5 to 10 minutes prior to the call start time and follow the instructions. A replay of the conference call will also be available on the website through March 5, 2015.

PROFILE

SCANA Corporation, headquartered in Cayce, S.C., is an energy-based holding company principally engaged, through subsidiaries, in electric and natural gas utility operations and other energy-related businesses. The Company serves approximately 688,000 electric customers in South Carolina and approximately 1.3 million natural gas customers in South Carolina, North Carolina and Georgia. Information about SCANA and its businesses is available on the Company's website at www.scana.com.

SAFE HARBOR STATEMENT

(MORE TO FOLLOW) Dow Jones Newswires

February 19, 2015 07:30 ET (12:30 GMT)

$SCG DD Notes ~ http://www.ddnotesmaker.com/SCG

bullish

$SCG recent news/filings

## source: finance.yahoo.com

Fri, 19 Dec 2014 03:13:25 GMT ~ Dominion Agrees To Acquire Carolina Gas Transmission

[at noodls] - RICHMOND, Va., Dec. 16, 2014 /PRNewswire/ -- Dominion Resources, Inc. (NYSE: D), today announced that it has agreed to purchase Carolina Gas Transmission (CGT) from SCANA Corporation (NYSE: SCG) for approximately ...

read full: http://www.noodls.com/view/7F660F46C81CEBAA33DE10CAA28899E2AF8ABFEC
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Tue, 16 Dec 2014 15:01:00 GMT ~ Coal Ash Decision To Cloud The Lines Between EPA And Conservative Congress


read full: http://www.forbes.com/sites/kensilverstein/2014/12/16/coal-ash-decision-to-cloud-the-lines-between-epa-and-conservative-congress/?partner=yahootix
*********************************************************

Tue, 16 Dec 2014 14:08:19 GMT ~ Scana to Sell Two Wholesale Businesses


read full: http://online.wsj.com/articles/scana-to-sell-wholesale-businesses-for-650-million-1418738897?mod=yahoo_hs
*********************************************************

Tue, 16 Dec 2014 13:33:46 GMT ~ SCANA CORP Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits


read full: http://biz.yahoo.com/e/141216/scg8-k.html
*********************************************************

Tue, 16 Dec 2014 13:30:00 GMT ~ SCANA Announces Sale of Two Subsidiaries

[PR Newswire] - CAYCE, S.C., Dec. 16, 2014 /PRNewswire/ -- SCANA Corporation (NYSE: SCG) announced today that it has signed agreements for the sale of Carolina Gas Transmission Corporation (CGT) and SCANA Communications, ...

read full: http://finance.yahoo.com/news/scana-announces-sale-two-subsidiaries-133000688.html
*********************************************************


$SCG charts

basic chart ## source: stockcharts.com



basic chart ## source: stockscores.com



big daily chart ## source: stockcharts.com



big weekly chart ## source: stockcharts.com


$SCG company information

## source: otcmarkets.com

Link: http://www.otcmarkets.com/stock/SCG/company-info
Ticker: $SCG
OTC Market Place: Not Available
CIK code: 0000754737
Company name: SCANA Corp.
Company website: http://www.scana.com
Incorporated In: SC, USA

Business Description:


$SCG share structure

## source: otcmarkets.com

Market Value: $8,876,601,826 a/o Dec 26, 2014
Shares Outstanding: 142,550,214 a/o Oct 31, 2014
Float: Not Available
Authorized Shares: Not Available
Par Value: No Par Value
$SCG extra dd links

Company name: SCANA Corp.
Company website: http://www.scana.com

## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/SCG/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/SCG/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=SCG+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=SCG+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=SCG+Industry

## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/SCG/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/SCG/news - http://finance.yahoo.com/q/h?s=SCG+Headlines

## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/SCG/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/SCG/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/SCG/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/SCG/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/SCG/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/SCG/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/SCG/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/SCG/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=SCG+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/SCG
DTCC (dtcc.com): http://search2.dtcc.com/?q=SCANA+Corp.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=SCANA+Corp.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=SCANA+Corp.&x=0&y=0
WHOIS (domaintools.com): http://whois.domaintools.com/http://www.scana.com
Alexa (alexa.com): http://www.alexa.com/siteinfo/http://www.scana.com#
Corporate website internet archive (archive.org): http://web.archive.org/web/*/http://www.scana.com

## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/SCG/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/SCG
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/SCG/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/SCG/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/SCG/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000754737&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/SCG/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/SCG/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/SCG/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/SCG/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=SCG&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=SCG
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/SCG/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=SCG+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=SCG+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=SCG
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=SCG
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=SCG+Cash+Flow&annual

## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/SCG/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=SCG+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/SCG.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=SCG
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/SCG/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/SCG/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/SCG/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/SCG/insider-transactions

## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/SCG
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/SCG
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/SCG:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=SCG
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=SCG



$SCG DD Notes ~ http://www.ddnotesmaker.com/SCG

was a good scana but that was just earnings I think.. Very giid results..

I should have bought when you posted this . SCG is now in outer space.

~ Wednesday! $SCG ~ Earnings posted, pending or coming soon! In Charts and Links Below!

~ $SCG ~ Earnings expected on Wednesday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








http://stockcharts.com/h-sc/ui?s=SCG&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=SCG&p=W&b=3&g=0&id=p54550695994



~ Google Finance: http://www.google.com/finance?q=SCG
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=SCG#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=SCG+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=SCG
Finviz: http://finviz.com/quote.ashx?t=SCG
~ BusyStock: http://busystock.com/i.php?s=SCG&v=2


<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=SCG >>>>>>



http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.

http://ih.advfn.com/p.php?pid=nmona&cb=1240596689&article=37413963&symbol=NY%5ESCG

SCANA Corporation to Announce Fourth Quarter and Full-Year 2008 Financial Results on February 12, 2009





SCANA Corporation (NYSE:SCG) will release its fourth quarter and year-end 2008 earnings on Thursday, February 12, 2009, before the market opens. SCANA’s management will discuss those results in a conference call with analysts, details of which are as follows:

Date and Time:
Thursday, February 12, 2009, 9:00 a.m. Eastern Daylight Time

Call in Number:
U.S./Canada (800) 510-9661
International (617) 614-3452

Event Code:
23060838

Principal Speaker:
Jimmy Addison – Senior Vice President & Chief Financial Officer

Instructions:
The conference call will begin promptly at 9:00 a.m. EDT, so participants should call in 5-10 minutes prior to the call to ensure that operators have sufficient time to record your name and company affiliation. A replay of the conference call will be available approximately 2 hours after completion of the call through February 26, 2009. To access the replay, call (888) 286-8010 (U.S./Canada) or (617) 801-6888 (International) and enter the event code 16979033. A transcript of the call will be available on the Investor Relations section of the Company’s web site.



Internet Access:
The press release and a live listen-only web cast of the conference call via the Internet will be available on the Company’s web site at www.scana.com. The webcast will begin Thursday, February 12, 2009 at 9:00 a.m. Eastern Daylight Time. A replay of the conference call and a transcript will be available on the Company’s web site through February 26, 2009.



SCANA Corporation, a Fortune 500 company headquartered in Columbia, SC, is an energy-based holding company principally engaged, through subsidiaries, in electric and natural gas utility operations and other energy-related businesses. The Company serves approximately 649,000 electric customers in South Carolina and more than 1.2 million natural gas customers in South Carolina, North Carolina and Georgia. Information about SCANA and its businesses is available on the Company’s web site at www.scana.com.

http://ih.advfn.com/p.php?pid=nmona&cb=1230650317&article=34857622&symbol=NY%5ESCG

SCANA will be added to the S&P 500 GICS (Global Industry Classification Standard) Multi-Utilities Sub-Industry index.

When the dividend seekers come they will think of utilities first imo.

This company has a nice dividend. I am not sure but, I hear they may cut it(by a little) but that should only improve their profit margin in time.

BOSTON (Thomson Financial) - Scana Corp. Friday said second-quarter net
earnings rose to $57 million, or 48 cents a share, from $55 million, or 47 cents
a share, in the year-ago period.
Revenue for the Columbia, S.C.-based company rose to $1.22 billion from
$1.01 billion a year earlier.
Scana said earnings improved for the second quarter of 2008 compared to last
year, with the impact of "sustained" electric and natural gas customer growth
and the 4.4% retail electric rate increase that went into effect in January.
For 2008, the company affirms its previous earnings guidance of $2.90 to
$3.05 a share. Analysts polled by Thomson Reuters, on average, forecast
full-year profit of $2.94 a share.
Shares closed Thursday at $36.19.

resist. 41.03 4
resist. 40.56 2
resist. 39.85 2
resist. 39.59 2
resist. 39.19 10
resist. 37.27 4
supp 36.24 10
supp 35.71 4

This is one of my longer termers. It seems to rally each and every winter.