UPDATE: Southern Q3 Profit Drops 12%
October 30, 2013 at 09:25 AM EDT
Southern Co (NYSE: SO ) reported a 12% drop in its third-quarter earnings. Southern's quarterly profit fell to $869 million, from $993 million, in the year-ago period. On a per-share basis, its earnings declined to $0.97 from $1.11. Excluding special items, it earned $1.08 per share. Southern earlier expected earnings