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Westinghouse Nuclear Design Endorsed By Two US NRC Members

By Ryan Tracy OF DOW JONES NEWSWIRES WASHINGTON -(Dow Jones)- Toshiba Corp's (TOSYY) Westinghouse Electric Co. earned two key votes of confidence Friday on the nuclear reactor design slated to be used at two new U.S. plants. Two of the five members of the U.S. Nuclear Regulatory Commission, including the chairman, voted to approve the AP-1000 reactor design Friday. Southern Co. (SO) and Scana Corp. (SCG) have contracts to use the reactors at sites they are building in Georgia and South Carolina and both need approval of the design before they can secure licenses to operate the plants. A spokesman for Westinghouse called the votes "encouraging" and expressed confidence that the other three commissioners would approve it as well. Representatives of Southern and Scana didn't immediately return requests for comment. -By Ryan Tracy, Dow Jones Newswires; 202-862-9245; ryan.tracy@dowjones.com

Stock News for Southern (SO)
DateTimeHeadline
06/02/201420:23:34Utilities Size Up Emission Cap for Power Plants
04/29/201421:37:21Southern Co. to Take $380 Million Charge for Kemper Coal Plant...
04/28/201416:53:22MARKET SNAPSHOT: Market Leaders Energy, Utilities Face Earnings...
04/27/201406:17:33MARKET SNAPSHOT: Energy, Utilities Companies Face Earnings Tests
02/19/201418:46:18U.S. Loan Guarantee Set for Georgia Nuclear Plant
02/18/201420:20:01U.S. to Clear Guarantees for Two Nuclear Reactors
02/18/201419:39:11Energy Dept to Approve $6.5 Billion in Loan Guarantees for Two...
01/29/201409:39:35U.S. Hot Stocks: Hot Stocks to Watch
01/29/201409:30:14Southern Profit Rises on Improved Weather, Energy Sales
11/15/201309:18:03OZ Management LP 3Q 13F: Largest Purchases -2-
11/15/201309:18:02OZ Management LP 3Q 13F: Largest Purchases
11/15/201309:18:02OZ Management LP 3Q 13F: Holdings As Of Sep 30 -2-
11/15/201309:18:02OZ Management LP 3Q 13F: Holdings As Of Sep 30
11/15/201307:04:50Bridgewater Associates LP 3Q 13F: Largest Purchases
11/15/201307:04:50Bridgewater Associates LP 3Q 13F: Holdings As Of -2-
11/15/201307:04:50Bridgewater Associates LP 3Q 13F: Largest -2-
11/15/201307:04:49Bridgewater Associates LP 3Q 13F: Holdings As Of Sep 30
11/14/201307:19:32The Vanguard Group 3Q 13F: Largest Purchases -2-
11/14/201307:19:32The Vanguard Group 3Q 13F: Largest Purchases
11/14/201307:19:20The Vanguard Group 3Q 13F: Holdings As Of Sep 30 -2-

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