Mississippi Power News

Nobody will say if Ed Day's retirement is based on cost overruns at Mississippi Power's Kemper County plant.

Mississippi Power Co. has made an abrupt change at the top. Southern Co.'s board of directors voted Monday to name G. Edison "Ed" Holland the utility's new leader.

The Sierra Club has asked the Mississippi Supreme Court to order the Public Service Commission to again reconsider its approval of the coal-fired power plant Mississippi Power Co.

Utilities are the classic "widow-and-orphan" stocks-meaning they are slow and steady providers of dependable income.

's stock had its "buy" rating restated by equities researchers at TheStreet in a report issued on Friday, Analyst Ratings Network.com reports.

's stock had its "outperform" rating reaffirmed by research analysts at RBC Capital in a report released on Tuesday, Stock Ratings Network reports.

's stock had its "neutral" rating reaffirmed by Macquarie in a research note issued on Wednesday, AnalystRatingsNetwork reports.

Southern Company, the parent of Mississippi Power Co., reports first quarter 2013 earnings of $81 million, or 9 cents a share, compared with earnings of $368 million, or 42 cents a share, in the first quarter of 2012.

Southern issued its quarterly earnings data on Wednesday. The company reported $0.49 earnings per share for the quarter, meeting the analysts' consensus estimate of $0.49, StockRatingsNetwork reports.

Mississippi Power Company says customers won't have to pay more to cover the plant's cost, which has risen from $2.88 billion to about $3.42 billion.