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PG&E (PCG) Lags Q3 Earnings Estimates
Article By:
Zacks Investment Research
Thursday, October 29, 2020 11:08 AM EST
PG&E came out with quarterly earnings of $0.22 per share, missing the Zacks Consensus Estimate of $0.25 per share.
In this article: PCG
PG&E Jumps After Bloomberg Says $11 Billion Debt Deal Coming To End Bankruptcy
Article By:
The Fly
Friday, June 5, 2020 2:53 PM EST
PG&E is readying an $11 billion debt-financing package that could come as soon as next week, as the company prepares to exit bankruptcy, Bloomberg reports. This includes $4 billion of high-yield bonds and a $750 million loan led by JPMorgan Chase.
More Regulation, Less Return For U.S. Utilities
Article By:
Lipper Alpha Insight
Saturday, March 21, 2020 6:30 PM EST
A traditionally defensive sector for U.S. investors is looking less so. Power companies will need to keep producing even as the COVID-19 pandemic causes other industries and locales to shut down.
In this article: PCG
Tepper's Appaloosa Adds Intelsat, Exits Boeing In Q4
Paulson Adds Pretium, Exits United Tech In Q4
Article By:
The Fly
Sunday, February 16, 2020 12:29 PM EST
John Paulson's Paulson & Co. disclosed in an SEC filing its holdings as of December 31, 2019. The fund's top holdings as of December 31, in order of size, were Bausch Health, SPDR Gold Shares, Allergan, Discovery Class C and Horizon Therapeutics
In this article: AGN, CPE, PCG, QEP, S, TIF, UTX, LOGM, DISCK, GOLD, HZNP, TECD, GLD, PVG, CZR, BHC, NMRK, INSW, LYFT
PG&E Is Squandering Its Bankruptcy
Article By:
Lipper Alpha Insight
Friday, January 24, 2020 8:20 AM EST
America’s largest utility is close to emerging from bankruptcy for the second time in two decades.
In this article: PCG
Citi Boosts PG&E Target To $10.50, Says No Chance Of Zero Stock Price Now
Article By:
The Fly
Wednesday, December 11, 2019 7:48 AM EST
Citi analyst Praful Mehta raised his price target for PG&E to $10.50 from $5 saying the company's settlement with the Official Committee of Tort Claimants likely dealt a "fatal blow" to the bondholder plan and the zero stock price scenario.
In this article: PCG
Weirdly Predictable
Article By:
Tim Knight
Friday, November 1, 2019 2:22 PM EST
Pacific Gas & Electric – a utility company – has been trading like a biotech company whose FDA approval announcement keeps changing for Yes to No every day.
In this article: PCG