|Bid||51.50 x 800|
|Ask||0.00 x 1800|
|Day's Range||52.51 - 55.01|
|52 Week Range||45.50 - 81.96|
|Beta (3Y Monthly)||-0.07|
|PE Ratio (TTM)||42.77|
|Earnings Date||Jul 25, 2018 - Jul 30, 2018|
|Forward Dividend & Yield||2.42 (3.97%)|
|1y Target Est||71.44|
Bragar Eagel & Squire, P.C. announces that a class action lawsuit has been filed in the U.S. District Court for the Central District of California on behalf of all persons or entities who purchased or otherwise acquired Edison International (EIX) securities between February 23, 2016 and November 12, 2018 (the “Class Period”). The complaint alleges that throughout the class period defendants made materially false and misleading statements regarding the company’s business, operational and compliance policies.
California Gov.-elect Gavin Newsom's high-tech plan to fight wildfires, which he outlined during the campaign, is now getting renewed attention, with the state facing longer and more devastating fire seasons. PG&E, the parent company of the Pacific Gas & Electric utility unit, is expected to become a major player in the early warning camera expansion, CNBC has learned.
NEW YORK, Nov. 16, 2018 -- Pomerantz LLP announces that a class action lawsuit has been filed against Edison International (“Edison” or the “Company”) (NYSE: EIX) and certain.
NEW YORK, Nov. 16, 2018 -- Levi & Korsinsky announces it has commenced an investigation of Edison International (NYSE: EIX) concerning possible violations of federal.
shares rebounded sharply on Friday after a California regulator eased concerns over the utility’s potential liabilities tied to a massive wildfire in the state. Three major fires have killed at least 66 people and destroyed thousands of homes and business in California. The Camp fire ravaging parts of Northern California is now the deadliest blaze in the state’s history with its death toll climbing to 63 as of Friday morning.
Southern California Edison today provided an update on the restoration efforts resulting from the Woolsey and Hill wildfires. The company’s top priority continues to be the safety of customers, first responders, employees and communities. The company’s Emergency Operations Center continues to deploy resources and crews to assist first responders and has been restoring power in communities affected by the wildfires in Ventura and Los Angeles counties where fire officials say it is safe to do so.
NEW YORK , Nov. 15, 2018 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Edison International (" Edison " or the "Company") (NYSE: EIX). Such investors ...
NEW YORK, NY / ACCESSWIRE / November 15, 2018 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers Edison International ("Edison" or the "Company") ...
PG&E (PCG) stock fell almost 22% on November 14. The company disclosed that if its equipment caused the ongoing “Camp Fire,” it would result in substantial liability. PG&E’s existing insurance wouldn’t cover the damages. The outcome could have a material impact on the company’s financial condition.
amid concerns about the role the utility’s equipment may have played in one of the destructive California wildfires. PG&E said in a regulatory filing on Wednesday it drew down $3bn from its credit facilities and warned it could face a “significant liability” in excess of its $1.4bn in insurance coverage if its equipment is found to be a cause of the Camp fire, which has become the most destructive blaze in California’s history. Emergency crews were still battling the fire in the state’s north, which has claimed the lives of at least 59 people, destroyed nearly 9,000 homes and was about 40 per cent contained as of Thursday morning.
Fire crews in northern California seized on improved weather conditions on Wednesday in their six-day-old battle to suppress the deadliest and most destructive wildfire in state history as National Guard troops were called in to help search for victims. The confirmed death toll from the Camp Fire stood at 48 as the footprint of the fire grew by 5,000 acres to 135,000 acres(55,000 hectares), even as diminished winds and rising humidity allowed firefighters to carve containment lines around more than a third of the perimeter. "Progress is being made," said Ken Pimlott, director of the California Department of Forestry and Fire Protection (Cal Fire) at a news conference flanked by Governor Jerry Brown, U.S. Interior Secretary Ryan Zinke and other officials.
Governor Jerry Brown formally requested President Donald Trump to release new federal aid in a “major disaster declaration’’ that will help the state combat the most destructive wildfires in its history. The major blazes are north of San Francisco and near Los Angeles. The request for emergency funding to support housing, crisis management and infrastructure recovery efforts comes a day after Trump threatened to withhold federal payments to California.
Shares of electric utility providers in California, particularly PG&E Corp (PCG) and Edison International (EIX) plunged on concerns that the wildfires ravaging the state could cost them billions of dollars.
, the California utility, drew down $3bn from its credit facilities and warned it could face a “significant liability” if its equipment is found to be a cause of the deadly wildfires that have killed more than 50 people in the state. Emergency crews were on Wednesday still battling the Camp fire, as the blaze in northern California is called, which has destroyed more than 7,500 homes. The Camp fire is one of three major wildfires ravaging the state.
The S&P 500 notched up its longest losing streak in nearly three weeks, with financial and technology stocks leading the market lower. The market managed to bounce off its lows in the afternoon session after UK Prime Minister Theresa May revealed her cabinet agreed a deal to back Great Britain’s departure from the EU, but the recovery was shortlived. The S&P 500 finished ¾ of 1 per cent lower, chalking up its first five-day losing streak since a six-session drop that ended on October 24 and contributed to that month’s overall 6.9 per cent decline.
National Guard troops were due to arrive on Wednesday to help search for more victims in the charred, ash-strewn ruins where the northern California town of Paradise stood, before it was erased in the deadliest, most destructive wildfire in state history. The Guard contingent, about 100 military police trained to look for and identify human remains, will reinforce the coroner-led recovery teams, cadaver dogs and forensic anthropologists already scouring the ghostly landscape of a fire that has killed at least 48 people. The grim, painstaking search is concentrated in what little is left of Paradise, a Sierra foothills town in Butte County, California, about 175 miles (280 km) north of San Francisco, that was overrun by flames and largely incinerated last Thursday.
The remains of six more fire victims were found on Tuesday in a northern California town overrun by flames last week, raising the death toll to 48 in the most lethal and destructive wildfire in California's history. The latest fatality count was announced by Butte County Sheriff Kory Honea after forensic teams with cadaver dogs spent the day combing through a ghostly landscape strewn with ash and charred debris in what was left of the Sierra foothills hamlet of Paradise, about 175 miles (280 km) north of San Francisco. Honea said 100 National Guard troops were being sent in at his request to assist the search for additional human remains left by the so-called Camp Fire.
Utility stocks Edison International and PG&E crashed on Friday as wildfires swept through parts of Northern and Southern California.
PG&E (PCG) stock has lost more than 34% in the last two trading sessions. Rampant wildfires have caused record damages in northern California. PG&E is already facing billions of dollars of liabilities after its equipment was held responsible for igniting wildfires last year.
AES (AES), one of the smallest constituents of the Utilities ETF (XLU), is the top-rallied stock among its peers. So far, AES has risen more than 43% in 2018. Strong quarterly earnings growth influenced AES’s market performance in 2018. Currently, AES is trading close to its four-year high.
Search teams have recovered remains of 42 people killed by a fierce wildfire that largely incinerated the town of Paradise in northern California, marking the greatest loss of life from a wild land blaze in state history, authorities said on Monday. The latest death toll, up from 29 tallied over the weekend, was announced by Butte County Sheriff Kory Honea at an evening news conference in the nearby city of Chico after authorities found the bodies of 13 more victims of the devastating blaze dubbed the Camp Fire. The fire already ranked as the most destructive on record in California in terms of property losses, having consumed more than 7,100 homes and other structures since igniting on Thursday in Butte County's Sierra foothills, about 175 miles (280 km) north of San Francisco.
SACRAMENTO, Calif. (AP) — California utilities again are facing severe financial pressures from the possibility that their equipment sparked catastrophic wildfires, including two that are now burning at either end of the state.