Monday, May 14, 2012

Chart of the Day - Scana Corp (SCG)

The "Chart of the Day" is Scana Corp (SCG), which showed up on Thursday's Barchart "All Time High" list. Scana on Thursday posted a new all-time high of $46.70 and closed up 1.75%. TrendSpotter has been Long since Apr 24 at $45.59. In recent news on the stock, Scana on May 3 reported Q1 EPS of 93 cents, which was below the consensus of $1.01 due to the company's natural gas business in Georgia. Stephens on May 4 downgraded Scana to Equal Weight from Overweight. Scana Corp (SCG), with a market cap of $6 billion, Scana Corp. (SCG), has businesses that include regulated electric and natural gas utility operations, telecommunications and other non-regulated energy-related businesses. SCANA's subsidiaries serve electric customers in South Carolina, North Carolina and Georgia.

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