64.20 0.00 (0.00%)
After hours: 6:08PM EDT
|Bid||64.45 x 800|
|Ask||64.48 x 1400|
|Day's Range||63.60 - 64.59|
|52 Week Range||45.50 - 71.00|
|Beta (3Y Monthly)||-0.18|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||2.45 (4.09%)|
|1y Target Est||N/A|
Southern California Edison today asked the California Public Utilities Commission (CPUC) to include a wildfire risk component in setting the company’s authorized cost of capital for utility operations for the three-year period starting in 2020. In its application, SCE is seeking a return on common equity (“Base ROE”) of 10.6% for 2020, compared to its current Base ROE of 10.3%. This level of return reflects capital needs for safe, reliable day-to-day operations and investments the company is making to help achieve California’s ambitious clean energy goals.
Washington and Oregon face similar environmental challenges, transportation being the largest contributor to air pollution and greenhouse gas emissions in those states as well. Today, electricity providers in the three West Coast states announced that they are working on a solution to significantly curb those harmful emissions. Nine electric utilities and two agencies representing more than two dozen municipal utilities are sponsoring the West Coast Clean Transit Corridor Initiative, a study to determine how best to ensure that Interstate 5 — a lifeline of goods transportation that extends more than 1,300 miles from the Canadian to the Mexican border — is equipped with sufficient charging to support electric long-haul trucks.
Utilities and municipalities in three western states join in unprecedented collaboration to tackle harmful emissions
Southern California Edison is encouraged by the broad scope of Gov. Newsom’s strike force report, which addresses critical wildfire issues including prevention, keeping the state on track to meet its ambitious climate change goals and liability and regulatory reform.
Citing “dramatic, material changes” to its regulatory and financial conditions, Southern California Edison today filed a request with the Federal Energy Regulatory Commission (FERC) to include an adjustment for the company’s extraordinary wildfire risk in the authorized return on equity (ROE) for the portion of its business regulated by FERC. The company’s overall request for an ROE of 17.12%, plus incentives consistent with past years, also reflects the challenges it faces to help implement the state’s clean energy policies.
Edison International (EIX) has been notified of an unsolicited mini-tender offer by TRC Capital Corporation (TRC) to purchase up to 2 million shares of Edison International common stock from the stockholders of Edison International, representing approximately 0.61 percent of the outstanding shares of Edison International common stock. TRC stated in the mini-tender offer that its offer price of $61.75 per share is approximately 4.54 percent lower than the $64.69 per share closing price of Edison International common stock on the New York Stock Exchange on March 22, 2019, the last trading day before the commencement of the offer.
Thirty high school seniors from the class of 2019 have been named Edison Scholars and will be awarded $1.2 million in scholarships to dream big and power the future through science, technology, engineering or math studies by Edison International, the parent company of Southern California Edison.
The San Onofre Community Engagement Panel will discuss improvements made to fuel transfer operations at the San Onofre nuclear plant since the Aug. 3 canister-downloading incident during its quarterly meeting March 28 in Laguna Hills. Fuel transfer operations at San Onofre have been on hold since Aug. 3 when a canister that was being downloaded became wedged near the top of a cavity enclosure container (CEC) on the dry cask storage pad. The slings that support the canister during downloading continued to be lowered while the canister remained wedged.
We keep in our thoughts all those who have been affected by wildfires. The devastating loss of lives, homes and businesses is tragic, and SCE will continue to provide assistance and support to those affected by wildfires. SCE believes evidence shows there were at least two separate ignitions on Dec. 4, 2017, that led to two fires that together have been commonly referred to as the Thomas Fire — one in the Anlauf Canyon area of Ventura County and another near Koenigstein Road in the city of Santa Paula.
Southern California Edison believes evidence shows there were at least two separate ignitions on Dec. 4, 2017, that led to the two fires that together are commonly referred to as the Thomas Fire — one in the Anlauf Canyon area of Ventura County and another near Koenigstein Road in the city of Santa Paula. SCE provided evidence to CAL FIRE and Ventura County Fire Department (VCFD) that indicates fire was burning in Anlauf Canyon at least 15 minutes prior to the start time indicated by VCFD.
NEW YORK, March 04, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Edison International (EIX) and Southern California Edison announced that Jeanne Beliveau-Dunn has been elected to the board of directors of each company, effective today. “Jeanne’s expertise in using technology for digital transformation will be valuable to our boards,” said Bill Sullivan, chair of the Edison International board of directors. “Jeanne is a leading expert on digitization and the workforce of the future, and she is a pioneer in many areas of the technology industry,” said Pedro Pizarro, president and chief executive officer of Edison International.
Edison International today reported fourth quarter 2018 net loss of $1.4 billion, or $4.39 loss per share, compared to net loss of $545 million, or $1.67 loss per share, in the fourth quarter 2017.
The Board of Directors of Edison International today declared a quarterly common stock dividend of $0.6125 per share, payable on April 30, 2019, to shareholders of record on March 29, 2019.
Southern California Edison today filed its proposed 2019 Wildfire Mitigation Plan with the California Public Utilities Commission. The plan is intended to address and greatly reduce fire ignitions caused by utility infrastructure. About 35 percent of SCE’s service area is located in high fire risk areas.
Caroline Choi has been named senior vice president of Corporate Affairs for Southern California Edison and its parent company, Edison International, effective Feb. 4. Choi will oversee Government Affairs, Public Affairs and Corporate Communications on national, state and local levels. In her roles with Government and Public Affairs, she succeeds Gaddi Vasquez, who is retiring after a 16-year career with SCE and Edison International.
SAN DIEGO, Jan. 29, 2019 -- The Shareholders Foundation, Inc. announces that a lawsuit is pending for certain investors in shares of Edison International (NYSE: EIX)..
NEW YORK, Jan. 17, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
NEW YORK, Jan. 15, 2019 -- The Law Offices of Vincent Wong announce that class actions have commenced on behalf of shareholders of the following companies. If you suffered a.
NEW YORK, NY / ACCESSWIRE / January 15, 2019 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against Edison International ("Edison" or the "Company") (NYSE: EIX) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Edison securities between February 23, 2016 through November 12, 2018, inclusive (the "Class Period"). This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.
The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Edison International (“Edison” or “the Company”) (NYSE: EIX) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. You can also reach us through the firm's website at www.schallfirm.com, or by email at email@example.com.
NEW YORK, Jan. 14, 2019 -- The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. If you suffered a.
NEW YORK, Jan. 14, 2019 -- Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies..