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Southern Union Company Announces Effects of Recent Hurricanes; Reaffirms Guidance Range

HOUSTON--(BUSINESS WIRE)--Southern Union Company (NYSE:SUG) today announced that it has completed preliminary evaluations of damage caused by hurricanes Gustav and Ike. Hurricane Ike, in

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MBF Financial: Analyst Reports for Southern Union Company, The Gabelli Global Gold, Natural Resources and Income Trust, Uranium Energy Corp. and Dejour Enterprises Ltd.

LONDON (MARKET WIRE) MaybachFinancial.com is one of the fastest growing independent and unbiased research firms in the world. Through our numerous partnerships with many of the top investment minds in the world, we provide research on companies making a move in the markets. Investors seeking genuine analyst opinions on their investments for Southern Union Company (NYSE: SUG), The Gabelli Global Gold,...

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Witness in Southern Union trial describes theft, spilling of mercury

PROVIDENCE — While his friend busted the locked door with a baseball bat, Jason Smith’s job was to be the look-out.It was still light out that late afternoon in the fall of 2004, but they were far enough into an all-but-abandoned former coal gasification plant that the chances of being seen were slim. Though Smith said they had never come onto the property with the intention of committing a break-in,...

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Southern Union trial: Worker testifies about mercury spill

PROVIDENCE -- An employee at a Pawtucket storage facility accused of illegally storing a highly toxic metal and failing to notify authorities that the toxin had been dumped at the site said in court today that he was instructed by...

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Southern Union trial: Lawyers differ over mercury storage

PROVIDENCE -- Lawyers opened a federal trial today by differing over whether a Houston-based gas company needed a permit to store mercury in jugs and containers at a neglected building in Pawtucket where vandals broke in and spilled some of...

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Company to go on trial for mercury storage in Pawtucket

PROVIDENCE -- A trial over spilled mercury is opening in federal court in Providence. Prosecutors and lawyers for Texas gas company Southern Union are scheduled to give opening statements this morning. Prosecutors have charged Southern Union with illegally storing loose...

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Sandell Objects to Southern Union's New Compensation Agreements

Believes Agreements are Entrenching and Further Evidence of the Need for Shareholder Oversight on the Board NEW YORK, Sept. 3 /PRNewswire/ -- Sandell Asset Management Corp. ("Sandell"), the largest individual shareholder of Southern Union Company ("SUG" or the "Company") with ownership of 9.9% of the shares outstanding, noted an 8-K filing by the Company late Thursday afternoon before the Labor Day...

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Southern Union Co. Q2 2008 Earnings Call Transcript

Southern Union Company (SUG) Q2 FY08 Earnings Call Complete Story »

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UPDATE 1-Southern Union Co Q2 earnings hurt by rising costs

Aug 7 (Reuters) - Natural gas provider Southern Union Co reported second-quarter earnings below analysts' expectations, hurt by rising costs and expenses, even as revenue grew across segments.

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Southern Union Adjusted EPS up 10%; Reaffirms 2008 EPS Guidance

HOUSTON--(BUSINESS WIRE)--Southern Union Company (NYSE:SUG) today reported adjusted net earnings available for common stockholders for the quarter ended June 30, 2008, of $53.3 million ($.43

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Southern Union Appoints Roger Farrell President of Gathering & Processing Business

HOUSTON--(BUSINESS WIRE)--Southern Union Company (NYSE:SUG) announced today that its Board of Directors has appointed Roger A. Farrell to the position of senior vice president, midstream

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Southern Union to Report Second Quarter 2008 Earnings and Host Investor Call/Webcast on August 7

HOUSTON--(BUSINESS WIRE)--Southern Union Company (NYSE:SUG) will report earnings for the quarter ended June 30, 2008, before the market opens on Thursday, August 7, 2008. At 11:00 a.m.

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Biggest shareholder calls for Southern Union sale

The largest shareholder of Southern Union Co. on Thursday called on the natural gas distributor to put itself up for sale or undertake a major restructuring, including ousting Chief Executive George Lindemann and much of the board. In a letter filed with the Securities and Exchange Commission, the head of Sandell Asset Management Corp. accused Southern [...]

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Southern Union shareholder Sandell urges sale of company

NEW YORK (MarketWatch) -- Southern Union Co. shareholder Sandell Asset Management Corp. sent an open letter to the Houston natural-gas company's Chairman and Chief Executive George Lindemann, urging an immediate sale of the company and saying it may seek to replace some or all directors with its own slate for the Southern Union board. Sandell, which is Southern Union's largest shareholder with a stake...

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Fitch Discusses Rationale on Southern Union & PEPL Rating Actions

CHICAGO--(BUSINESS WIRE)--Yesterday, Fitch Ratings downgraded Southern Union Company (SUG) and affirmed the ratings for Panhandle Eastern Pipeline Company LP (PEPL). Fitch also revised