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.
Paul Ausick 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…
Paul Ausick Tuesday's top analyst upgrades, downgrades and initiations included Analog Devices, Blackstone, Bloom Energy, Cleveland-Cliffs, Ford, Micron Technology, PG&E, Snap and VMWare.
The top analyst upgrades, downgrades and initiations for Monday included Aimmune Therapeutics, Apple, Aurora Cannabis, Dick's Sporting Goods, Halliburton, HP, JPMorgan, Lowe's, Lyft, Schlumberger and Uber Technologies.
On Monday, PG&E filed its bankruptcy reorganization plan. Now the negotiations really begin.
Paul Ausick PG&E has rejected two offers to purchase assets as part of its bankruptcy restructuring. One of the offers, from the city of San Francisco, would have paid $2.5 billion in cash for…
Paul Ausick The included AbbVie, Beyond Meat, Bio-Rad Laboratories, Dell Technologies, HP, Jumia Technologies, Nabriva Therapeutics, PG&E, Salesforce.com and Sarepta Therapeutics.
PG&Eshares fell almost 30% on Monday to a low not seen since early in 2019 after news that a California court has ruled that the utility will have to face a jury…
Jon C. Ogg AEP used to be a top value stock with a monster dividend yield when it was named as a stock to own for the next decade. That doesn't mean the period from…
PG&E announced that its annual shareholders' meeting scheduled for May 9 will be delayed until June. The company recently named a new CEO and 10 new board members.
Paul Ausick The American Customer Satisfaction Index survey of natural gas and electric utilities for 2019 was released Tuesday morning. Scores are nearly 3% lower than a year ago reflecting lower satisfaction on service…
The top analyst upgrades, downgrades and initiations seen on Tuesday included Caterpillar, CenturyLink, Danaher, Dillard's, Intel, Intelsat, Mattel, ONEOK, PG&E and Windstream.
The top analyst upgrades, downgrades and initiations seen on Wednesday included CenturyLink, Deere, Ecolab, E*Trade, Merck, Southwest Airlines, S&P, Transocean and Walmart.
Citigroup now is telling clients that they should be buyers of PG&E shares as local lawmakers in California are negotiating a deal to keep the state's top electric and gas utility viable.
Jon C. Ogg