|
|
|
|
|
|
|
31.08.26 - 20:57
|
PG&E, California Utilities Crash As Wildfire Bill Spark Downgrade Wave (ZeroHedge)
|
|
|
PG&E, California Utilities Crash As Wildfire Bill Spark Downgrade Wave
Shares of California's largest publicly traded utilities crashed on Monday morning after state lawmakers unveiled wildfire legislation that failed to provide the liability protections Wall Street analysts had hoped for.
PG&E plunged as much as 21%, its sharpest decline since 2020, while Edison International crashed as much as 24%, its largest drop since 2018. Sempra fell 5%.
The development sparked a wave of Wall Street downgrades tracked by Bloomberg. Mizuho Securities downgraded PG&E, Edison, and Sempra to neutral from outperform, citing the absence of meaningful liability reform, while also reducing its price targets.
BMO Capital Markets analyst James Thalacker, who downgraded PG&E to market perform from outperform, wrote in a note to clients that California's proposed wildfire legislation failed to provide durable liability protections.
Thalacker cut his price target to $21 from $28, writing that Senate Bill 492 "sets...
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
30.08.26 - 10:45
|
Deutschland hat die höchsten Strompreise aller G20-Staaten (Apollo News)
|
|
|
Deutschland schneidet im internationalen Strompreisvergleich sehr schlecht ab. Unter den G20-Staaten hat die Bundesrepublik mit Abstand die höchsten Strompreise. Eine ...
The post Deutschland hat die höchsten Strompreise aller G20-Staaten appeared first on Apollo News....
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|