PG&E Corp (NYSE:PCG)

Top Analyst Upgrades and Downgrades: Apple, Centene, Comcast, EA, Facebook, Intel, PG&E, P&G, SLM, Take-Two, Travelers and More

Stocks met some mixed and selective profit-taking in recent days, but the S&P 500 and Nasdaq managed to close slightly higher while the Dow Jones industrials did not. All three ...
Read Full Story »

Is PG&E Making Promises It Can Keep?

In a statement issued late Wednesday, PG&E Corp. (NYSE: PCG) announced that it had reached an agreement with a bondholder group that had threatened to derail the utility's bankruptcy. The ...
Read Full Story »

Top Analyst Upgrades and Downgrades: AEP, Beyond Meat, Conoco, Delta, JPMorgan, First Solar, Luckin, Peloton, PG&E, Qualcomm, Redfin, Zynga and More

Stocks have hit new all-time highs in recent days after a very strong 2019, but they were looking a tad soft on Wednesday as the U.S.-China trade pact's phase-one deal ...
Read Full Story »

Bankruptcy Judge OKs PG&E Settlements With Victims, Insurers

Federal Bankruptcy Court Judge Dennis Montali on Tuesday approved two settlements related to the PG&E Corp. (NYSE: PCG) bankruptcy filing. The judge has approved the company's $13.5 billion settlement with ...
Read Full Story »

PG&E Plays Its $13.5 Billion Hole Card

After taking a beating in a Friday letter from California Governor Gavin Newsom, bankrupt utility PG&E Corp. (NYSE: PCG) on Monday fired back. The company announced Tuesday morning that it ...
Read Full Story »

California Governor Squelches PG&E Reorganization Plan

The Chapter 11 bankruptcy reorganization plan submitted a week ago by PG&E Corp. (NYSE: PCG) appeared to have moved the company along a path to retaining some shareholder value and ...
Read Full Story »

Will California Governor Decide Who Wins the Struggle for PG&E?

When PG&E Corp. (NYSE: PCG) on Monday announced that it had reached a deal with wildfire victims, the company's stock jumped by 20%, before closing with a gain of around ...
Read Full Story »

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

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 ...
Read Full Story »

Top Analyst Upgrades & Downgrades: Deere, Energizer, First Energy, Foot Locker, Lam Research, Lululemon, Netflix, NVIDIA, PG&E, Williams Companies and More

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 ...
Read Full Story »

PG&E Earnings Overshadowed by Bankruptcy, Fires

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 ...
Read Full Story »

Judge Gives PG&E Bondholders Reorganization Plan Equal Footing With Company Plan

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 ...
Read Full Story »

Top Analyst Upgrades and Downgrades: American Airlines, Apple, Bed Bath & Beyond, Box, Cisco, HP, Kroger, Netflix, PG&E, UnitedHealth and More

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 ...
Read Full Story »

PG&E Cuts Off Power, Costs California Economy $2.6 Billion

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 ...
Read Full Story »

Top Analyst Upgrades and Downgrades: Analog Devices, Blackstone, Bloom Energy, Cleveland-Cliffs, Ford, Micron, PG&E, Snap, VMWare and More

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 ...
Read Full Story »

Top Analyst Upgrades and Downgrades: Aimmune, Apple, Aurora Cannabis, Dick’s, Halliburton, HP, JPMorgan, Lowe’s, Lyft, Schlumberger, Uber and More

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 ...
Read Full Story »