PG&E filed for Chapter 11 bankruptcy protection on Tuesday. The company listed liabilities totaling more than $51 billion and assets valued at more than $71 billion. Other potential liabilities could boost the…
Paul Ausick The California agency investigating the cause of 2017's massive Tubbs Fire has absolved PG&E of responsibility for the blaze. That's not likely to change the company's mind about a bankruptcy filing, however,…
Paul Ausick Thursday was a mixed day for the broad U.S. markets. While some companies have already reported earnings, the showing this week has not proven to be especially strong. Crude oil made a…
Northern California gas and electric company PG&E told a federal judge today that his demand for a vegetation management plan could cost the company up to $150 billion and raise customers rates…
Paul Ausick Monday was a down day for the broad U.S. markets. Although earnings season is just starting, there wasn’t enough positive momentum to pull the markets up to start out the week. Crude…
Friday was a positive day for the broad U.S. markets. Even though earnings season is just starting, it looks to be ramping up big after what was a dismal December. Crude oil…
Thursday was a positive day for the broad U.S. markets. This was another solid day for the major exchanges, after starting out the day on a negative note. Even though earnings season…
Asset management firm Blue Mountain on Thursday challenged PG&E's plan to file for bankruptcy by the end of January. But a federal judge may have a more pointed argument for the bankruptcy.
Paul Ausick The impending bankruptcy filing by PG&E has spooked investors in renewable energy yieldcos that are in danger of having contracts canceled. Morgan Stanley analysts offer insight into what might could happen.
The top analyst upgrades, downgrades and initiations seen on Wednesday included Apache, Caesars Entertainment, Dell Technologies, Devon Energy, Hewlett Packard Enterprise, NetApp, Nordstrom, MetLife and Snap.
Tuesday was a positive day for the broad U.S. markets. Initially the futures for the S&P 500 and DJIA were negative on Tuesday morning, but this quickly turned around as soon as…
PG&E, Tailored Brands, Clearway Energy, and Inpixon all posted new 52-week lows on Tuesday.
Paul Ausick Northern California natural gas and electricity provider PG&E recently announced its intention to file for bankruptcy protection. Here's a list of the 11 largest U.S. bankruptcies of all time.
The top analyst upgrades, downgrades and initiations seen on Tuesday included AIG, Bunge, Cardlytics, Cisco Systems, Citigroup, Deere, Dell, Edison International, Newmont Mining, Oracle and PG&E.
Monday was a down day for the broad U.S. markets. Crude oil took a sizeable step back in the session. The S&P 500 sectors were almost entirely negative.
