SCANA CORP (NYSE:SCG), Down By 10.21% ($4.33) From $42.410 After BUYINS.NET Report Predicted Weakness After Earnings
March 16, 2011 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Thursday, February 10th 2011 stating that SCANA CORP (NYSE:SCG) was expected to be Down After its earnings release. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=scg&id=146154
At the time this story was written, SCANA CORP (NYSE:SCG) is Down By 10.21% ($4.33) From $42.410 since the BUYINS.NET report was released.
The movement of stock prices in the days and weeks leading to and following earnings announcements may follow a predictable pattern. Most companies stock price histories show random or unpredictable movements around earnings dates. But some seem to repeat the same pattern quarter after quarter, year after year. The specific technology used to make these predictions is available for a low monthly fee at http://www.squeezetrigger.com/services/strat/mh.php
SCANA CORP (NYSE:SCG) - SCANA Corporation and its subsidiaries engage in the generation, transmission, distribution, and sale of electricity to retail and wholesale customers in South Carolina. The company also purchases, sells, and transports natural gas to retail customers in South Carolina and southeastern Georgia; provides energy-related risk management services; and acquires, owns, and provides financing for nuclear fuel, fossil fuel, and emission allowance requirements. In addition, it offers fiber optic communications, Ethernet services, and data center facilities, as well as builds, manages, and leases communications towers in South Carolina, North Carolina, and Georgia; and service contracts on home appliances, and heating and air conditioning units. Further, SCANA Corporation owns two liquefied natural gas plants, including one located near Charleston, South Carolina, and the other in Salley, South Carolina; and provides tower site construction, management, and rental services in South Carolina and North Carolina. As of December 31, 2009, the company provided electricity to approximately 655,000 customers; and natural gas to approximately 783,000 customers. It also marketed natural gas to approximately 455,000 retail customers. Additionally, SCANA Corporation owned and operated a 500 mile fiber optic telecommunications network and Ethernet network, and data center facilities in South Carolina. Through a joint venture, it had an interest in an additional 2,280 miles of fiber in South Carolina, North Carolina, and Georgia. The company was founded in 1924 and is based in Cayce, South Carolina.
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