Did PG&E Just Pull the Rug From Under Elliott and Pimco?

Posted: December 9, 2019 at 8:05 am

PG&E Corp. (NYSE: PCG) on Friday announced that it had reached an agreement with victims of 2017 and 2018 Northern California wildfires. The settlement is valued at $13.5 billion and ...
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Top Analyst Upgrades & Downgrades: Deere, Energizer, First Energy, Foot Locker, Lam Research, Lululemon, Netflix, NVIDIA, PG&E, Williams Companies and More

Posted: November 25, 2019 at 8:31 am

Stocks were indicated to open higher on Monday after the Dow Jones Industrial Average and S&P 500 had pulled back after hitting all-time highs last week. The economic readings keep ...
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PG&E Earnings Overshadowed by Bankruptcy, Fires

Posted: November 7, 2019 at 10:15 am

When PG&E Corp. (NYSE: PCG) reported fiscal third-quarter results before markets opened Thursday, the embattled utility company posted adjusted diluted earnings per share (EPS) of $1.11 on revenues of $4.43 ...
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Judge Gives PG&E Bondholders Reorganization Plan Equal Footing With Company Plan

Posted: October 10, 2019 at 11:00 am

Late Wednesday, the bankruptcy judge in PG&E Corp.'s (NYSE: PCG) Chapter 11 proceeding ruled that a bondholder plan will be considered alongside the company's own proposed restructuring plan. The ruling ...
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Top Analyst Upgrades and Downgrades: American Airlines, Apple, Bed Bath & Beyond, Box, Cisco, HP, Kroger, Netflix, PG&E, UnitedHealth and More

Posted: October 10, 2019 at 8:45 am

Stocks were indicated to open lower on Thursday after reports that China-U.S. trade talks were not on as positive ground as had been reported a day earlier. Earnings season will ...
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PG&E Cuts Off Power, Costs California Economy $2.6 Billion

Posted: October 9, 2019 at 1:20 pm

All those years of insufficient maintenance caught up with PG&E Corp. (NYSE: PCG) in 2017 and 2018 when wildfires raged through Northern California destroying thousands of homes and causing at ...
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Top Analyst Upgrades and Downgrades: Analog Devices, Blackstone, Bloom Energy, Cleveland-Cliffs, Ford, Micron, PG&E, Snap, VMWare and More

Posted: October 1, 2019 at 8:55 am

Stocks entered the first day of the fourth quarter with upside indications. This is after a volatile summer on trade war and political hot-seat issues. With the bull market now ...
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Top Analyst Upgrades and Downgrades: Aimmune, Apple, Aurora Cannabis, Dick’s, Halliburton, HP, JPMorgan, Lowe’s, Lyft, Schlumberger, Uber and More

Posted: September 16, 2019 at 9:01 am

Stocks had seen steady gains and the rolling trends had been to move into value and beaten-down sectors rather than the darlings. Monday's pre-trading session saw lower stock futures and ...
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Does PG&E’s Reorganization Plan Have Any Support?

Posted: September 10, 2019 at 1:55 pm

The bankruptcy reorganization plan submitted by PG&E Corp. (NYSE: PCG) on Monday got a predictable response: with a few exceptions, no one liked it. PG&E's plan proposes to pay in ...
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PG&E Declines San Francisco Bid, Preferring Bankruptcy to Municipal Ownership

Posted: September 9, 2019 at 1:15 pm

Since filing for bankruptcy protection in January, PG&E Corp. (NYSE: PCG) has been acutely focused on legislation pending in the state legislature that would have allowed the company to issue ...
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Top Analyst Upgrades and Downgrades: AbbVie, Beyond Meat, Bio-Rad, Dell, HP, Jumia, Nabriva, PG&E, Salesforce, Sarepta and More

Posted: August 20, 2019 at 9:10 am
Last updated: August 21, 2019 8:55 am

Last week's worst one-day sell-off was followed by three straight days of rallies, and the losses have been effectively wiped out. Stocks were indicated to open marginally higher on Tuesday ...
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PG&E Corp (NYSE:PCG)