On March 2, it was reported that, Southern Company (NYSE:SO) is suing a key employee who worked on the troubled Kemper County power plant, asking a judge to order him to not talk about the project. Southern Company Services, an arm of Atlanta-based Southern, will be in court Friday against Brett Wingo, who was a project manager at the $6.2 billion power plant being built by Mississippi Power Co., another Southern unit. On Friday shares of Southern Company (NYSE:SO) closed at $44.09. Company’s sales growth for last 5 years was 3.30% and EPS growth for next 5 years is recorded as 3.40%.
Evercore ISI downgraded shares of Paragon Offshore PLC (NYSE:PGN) from a hold rating to a sell rating in a report issued on Tuesday,TheFlyOnTheWall.com reports. Paragon Offshore plc (NYSE:PGN) in last trading activity advanced 1.92% to close at $1.59. Company weekly performance is -22.82% while its quarterly performance stands at -51.67%. Paragon Offshore plc (NYSE:PGN) is -90.67% away from its 52 week high.
Citigroup Inc. (NYSE:C) is close to selling its Central America retail units to Banco Popular Espanol SA and is seeking $1.5 billion, people familiar with the matter said. On Friday shares of Citigroup Inc. (NYSE:C) closed at $53.06. Company’s sales growth for last 5 years was 5.20% and EPS growth for next 5 years is recorded as 22.87%.
On March 4, MoSys, Inc. (NASDAQ:MOSY) announced the closing of an underwritten public offering of 14,375,000 shares of its common stock at a price of $1.60 per share, less underwriting discounts and commissions. The shares sold in the offering reflected the underwriters’ exercise in full of their over-allotment option to purchase an additional 1,875,000 shares of common stock. MoSys, Inc. (NASDAQ:MOSY) has 3.00% insider ownership while its institutional ownership stands at 41.30%. In last trading activity company’s stock closed at $1.81.
On March 6, The Boeing Company (NYSE:BA) and Cargolux Airlines are celebrating the 30th direct delivery of a 747 Freighter to the Luxembourg-based cargo carrier. To mark the occasion, Cargolux’s latest 747-8 Freighter carries a special decal of the “Father of the Boeing 747,” Joe Sutter, the Boeing engineer who led the team that designed the airplane. The Boeing Company (NYSE:BA) in last trading activity decreased -0.87% to close at $153.12. Company weekly performance is 1.50% while its quarterly performance stands at 16.74%. The Boeing Company (NYSE:BA) is -3.60% away from its 52 week high.