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SCG News and Press, SCANA Corporation From 12/24/18

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Company Name: SCANA Corporation
Stock Symbol: SCG
Market: NYSE

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SCG - From The Peak: S&P 500 Constituent-Level Returns

After the sharp sell-off in the S&P 500 ( SPY ) this past week, the broad market equity gauge is now down 15.4% from its local high on September 20th. The median stock in the S&P 500 is down 18.4%. This article discusses the distribution of returns for the S&P 500 constituents over...

SCG - Cushing® Asset Management and Swank Capital Announce Rebalancing of The Cushing® Utility Index

DALLAS , Dec. 21, 2018 /PRNewswire/ -- Swank Capital, LLC, and Cushing ® Asset Management, LP, announce today the upcoming rebalancing of The Cushing ® Utility Index (the "Index") as part of normal index operations. After the markets close on December 31, 2018 ,...

SCG - Utilities Dashboard - Update

This article series provides a monthly dashboard of industries in each sector of the GICS classification. It compares valuation and quality factors relative to their historical averages in each industry. Executive summary The only industry looking underpriced regarding valuation ratios i...

SCG - The End Of Dominion Energy/SCANA Saga + 3 M&A Ideas

Apparently this is the end of Dominion Energy ( D )/Scana ( SCG ) saga as the final seventh regulator of South Carolina have approved the deal. Announced on the 3rd of January all throughout this year this deal was looked at as very risky one and the spread it was packing matched that (the...

SCG - Merger Arbitrage Mondays - December 17, 2018

Merger activity increased last week with five new deals announced and five pending deals closing. Deal Statistics: New Deals: The acquisition of Nutrisystem (NTRI) by Tivity Health (TVTY) for $1.4 billion in a cash plus stock deal. Under the terms of the merger agreement, each o...

SCG - Statement by Dominion Energy, SCANA Corporation on Public Service Commission of South Carolina Vote on Merger, Associated Customer Benefit Plan

RICHMOND, Va. and CAYCE, S.C. , Dec. 14, 2018 /PRNewswire/ -- Today the Public Service Commission of South Carolina (SCPSC) voted to approve the merger between Dominion Energy, Inc. (NYSE: D) and SCANA Corporation (NYSE: SCG) with conditions to be outlined later as part of a writ...

SCG - SCANA +6% as state regulators say they will support Dominion takeover

SCANA ( SCG +6.6% ) soars to a 52-week high after a majority of South Carolina regulators indicate they will vote to approve the company's acquisition by Dominion Energy ( D +1.4% ). More news on: SCANA Corporation, Dominion Energy, Inc., Energy stocks news, Merger & acquisition ...

SCG - Merger Arbitrage Mondays - November 26, 2018

Merger activity decreased last week with one new deal announced and one pending deal closing. Deal Statistics: New Deals: The acquisition of Resolute Energy Corporation (REN) by Cimarex (XEC) for $1.6 billion in a cash plus stock deal. Under the terms of the definitive merger agr...

SCG - SCANA reaches $2B settlement over failed V.C. Summer nuclear project

SCANA (NYSE: SCG )  +3.5% pre-market following the weekend news that it reached to a $2B settlement with South Carolina customers who sued after they were charged high electric rates to pay for the company's failed V.C. Summer nuclear plant construction project. More news on: ...

SCG - Power Sector Disruptors: Where The Money Is Going

In the century and a half since Edison threw the first switch, not one regulated US provider of electricity has ever gone out of business. That’s a remarkable track record for longevity. Regulated electric, heat and water utilities today are as healthy as they’ve been in decade...

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