Will PG&E Stock Survive Another Shareholder Challenge?
Power company PG&E reported fourth-quarter and full-year results before markets opened Tuesday. The massive losses are less important than new threats to the bankruptcy settlement.
Power company PG&E reported fourth-quarter and full-year results before markets opened Tuesday. The massive losses are less important than new threats to the bankruptcy settlement.
Tuesday's top analyst upgrades, downgrades and initiations included Amazon.com, Baker Hughes, Berkshire Hathaway, Beyond Meat, PG&E, Ping, Slack, 3D Systems, Uber and Wells Fargo.
Friday's top analyst upgrades, downgrades and initiations Apple, Centene, Comcast, Electronic Arts, Facebook, Intel, PG&E, Procter & Gamble, SLM, Take-Two Interactive Software and Travelers.
Beleaguered utility PG&E has reached agreement with a group of bondholders that would allow the company's bankruptcy reorganization plan to proceed. California Governor Gavin Newsom remains as the last significant hurdle for…
Wednesday's top analyst upgrades, downgrades and initiations included American Electric Power, Beyond Meat, ConocoPhillips, Delta Air, JPMorgan, First Solar, Luckin Coffee, Peloton, PG&E, Qualcomm, Redfin and Zynga.
Bankruptcy Judge Dennis Montali has approved PG&E's plan to compensate 2017 and 2018 wildfire victims and insurers.
PG&E has filed an amended restructuring agreement with the federal bankruptcy court that strips California Governor Gavin Newsome of his authority to terminate the $13.5 billion agreement the company has struck with…
California Governor Gavin Newsom on Friday rejected the bankruptcy reorganization plan PG&E submitted earlier in the week. What the governor wants is directly at odds with what the company wants to preserve.
One of PG&E's major bondholders, Elliott Management, on Thursday issued a response to the company's plan announced last week to compensate wildfire victims.
California utility company PG&E on Friday announced a settlement valued at $13.5 billion with victims of 2017 and 2018 wildfires. That amount matches a competing plan from bondholders led by Elliott Management…
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 coming in…
When excluding one-time items, PG&E posted a higher than expected profit. That does not matter as much as the company's bankruptcy proceedings and its continuing exposure to more fires caused by its…
A group of PG&E bondholders and wildfire victims won approval for consideration of a reorganization plan of the company that would leave shareholders mostly empty-handed.
Thursday's top analyst upgrades, downgrades and initiations included American Airlines, Apple, Bed Bath & Beyond, Box, Cisco, HP, Kroger, Netflix, PG&E and UnitedHealth.
More than 800,000 PG& E customers will soon be dealing with an electrical power shutdown that went into effect early Wednesday as the company tries to avoid another wildfire in the face…