PG&E Corp. (PCG) Tops Q4 EPS by 16c; Records $10.5B Charge Related to 2018 Camp Fire
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PG&E says equipment probably caused deadly Camp Fire
February 28, 2019 8:57 AM EST(Reuters) - PG&E Corp, which filed for bankruptcy last month because of potential liabilities from wildfires in California, said it is probable that its equipment will be determined to be an "ignition point" of the 2018 Camp Fire.
PG&E faces billions of dollars of potential liabilities... More
PG&E (PCG) Provides Update on Wildfires Financial Impact; Including $10.5B Pre-Tax Charge
February 28, 2019 8:47 AM ESTPG&E Corporation (NYSE: PCG) today provided an update on the expected financial impact of the 2018 Camp Fire and 2017 Northern California wildfires as part of the announcement of its full-year and fourth-quarter 2018 financial results. Although the cause of the 2018 Camp Fire is still under investigation, based on the information currently known to the company and reported to the California Public Utilities Commission (CPUC) and other agencies, the company believes it is probable that its equipment will be determined to be an ignition point of the 2018 Camp Fire.
PG&Es belief is... More
PG&E Corp. (PCG) filings shows power line near deadly 2018 Camp Fire needed safety overhaul since 2013 - DJ
February 27, 2019 1:43 PM ESTPG&E Corp. (NYSE: PCG) filings shows power line near deadly 2018 Camp Fire needed safety overhaul since 2013 - DJ
... MoreArgus Upgrades PG&E Corporation (PCG) to Hold
February 26, 2019 7:41 AM ESTArgus analyst Jacob Kilstein upgraded PG&E Corporation (NYSE: PCG) from Sell to Hold.
For an analyst ratings summary and ratings history on PG&E Corporation click here. For more ratings news on PG&E Corporation click here.
Shares of PG&E Corporation closed at $18.70 yesterday.
... More