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Newspaper
Destin Log
Location
Destin, Florida, United States of America
Date
Feb 21, 1987
Page
7
The piece argues that stock market moves reflect investor mood rather than fundamentals, calling market analysis an art. It notes a two week rest with calm pullbacks, rotation into laggards, and a continuing uptrend despite attacks on administration and Wall Street.
Southern Company president Edward L Addison reported 1986 as a peak year for Gulf Power and its unit. fourth quarter earnings reached 181 million dollars or 64 cents per share, with full year net income at 883 million. Per share grew modestly while total shares rose. In 1986 energy delivered to residential, commercial and industrial customers set records as in home consumption rose nine percent.
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