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California fire victims want utility liability law to remain

Victims of California's deadliest wildfires joined politicians on Wednesday to urge state lawmakers to stop trying to overhaul liability laws on wildfires......»»

Category: topSource: foxnewsJul 11th, 2018

PG&E Shares Plunge Once More, Falling Almost 50% in 5 Days

Insurance may not cover possible Camp Fire liability. California utility company PG&E is watching its stock price continue to erode at a breathtaking.....»»

Category: europeSource: fortuneNov 14th, 2018

PG&E Adds Details on Possible Cause of California’s Camp Fire

Northern California electric utility PG&E sent a letter to the state public utility commission Wednesday adding details to the company's early reports on equipment damage that may have caused the........»»

Category: blogSource: 247wallstDec 12th, 2018

Federal judge overseeing PG&E"s San Bruno probation demands answers on Camp Fire

The federal judge overseeing Pacific Gas & Electric Co.’s probation after the fatal San Bruno gas pipeline explosion has asked the investor-backed utility for answers regarding its potential role in sparking California's deadliest wildfire in hist.....»»

Category: topSource: bizjournalsNov 28th, 2018

PG&E reports another outage on morning when California fire started

California utility PG&E Corp , facing investor concerns over its possible role in the deadly Camp Fire in Northern California, has reported another power-line outage that it experienced on the morning of Nov. 8 when the blaze started......»»

Category: topSource: reutersNov 18th, 2018

For California fire victims, it will be a long, tough road to rebuild

The fires that tore through California in the past week have reduced homes.....»»

Category: topSource: moneycentralNov 17th, 2018

For California fire victims, it will be a long, tough road to rebuild

The fires that tore through California in.....»»

Category: topSource: latimesNov 16th, 2018

PG&E shares, debt rebound as regulator soothes bankruptcy fear

Shares of embattled utility PG&E Corp surged 37 percent on Friday as fears it could be bankrupted by potential liability from California's deadliest-ever wildfire were assuaged by signs of support from a regulator......»»

Category: topSource: reutersNov 16th, 2018

Wildfire liability speculation fuels PG&E stock swings

PG&E Corp shares sank 31 percent during trading on Thursday, only to then rise 39 percent in after-hours trading, as investors speculated over the impact of this month's deadly wildfire in northern California on the utility's finances......»»

Category: topSource: reutersNov 15th, 2018

PG&E stock at its lowest in 15 years on concern over California utility’s wildfire liability

PG&E Corp. shares fall another 31% on Thursday to close at their lowest since June 2003 after the utility said its insurance may not cover the possible losses from the worst wildfire in California history......»»

Category: topSource: marketwatchNov 15th, 2018

PG&E"s stock deepens slump as wildfire fans liability fears

Shares of PG&E Corp sank 31 percent on Thursday, bringing the loss in its stock market value to nearly $16 billion since the breakout of a deadly wildfire in northern California that investors fear will be blamed on the utility......»»

Category: topSource: reutersNov 15th, 2018

PG&E stock slammed afresh on concern over California utility’s wildfire liability

PG&E Corp. shares fall another 20% on Thursday to bring their week-to-date losses to 50% after the utility said its insurance may not cover the possible losses from the worst wildfire in California history......»»

Category: topSource: moneycentralNov 15th, 2018

California"s Largest Utility Pummeled by Wildfire Risks

California’s largest utility suffered its steepest stock plunge in 16 years Wednesday as concerns grew that potential liability costs from destructive wildfires threaten the company’s financial future......»»

Category: smallbizSource: wsjNov 15th, 2018

PG&E rout may be hitting hedge funds after raised bets before fire

Prominent hedge funds, including Baupost Group and Viking Global Investors, may be bearing the brunt of utility PG&E Corp's tumbling share price after raising bets on the utility in the months ahead of the Camp Fire, California's deadliest wildfire......»»

Category: topSource: reutersNov 14th, 2018

Victims of California’s Deadly Wildfire Filed Suit Against PG&E

Victims of California’s Deadly Wildfire Filed Suit Against PG&E $PCG Victims of California’s deadliest wildfire have filed a lawsuit against PG&E Corp (NYSE:PCG) alleging negligence and health and safety code violations by the utility company .....»»

Category: topSource: livetradingnewsNov 14th, 2018

PG&E stock and bonds hammered on concern over California utility’s wildfire liability

PG&E Corp. shares fell another 30% on Wednesday to bring their week-to-date losses to 43%, after the utility said its insurance may not cover the possible losses from the worst wildfire in California history......»»

Category: topSource: marketwatchNov 14th, 2018

Did PG&E cause the devastating Camp Fire? California utility's stock is plunging

California utility Pacific Gas & Electric acknowledged it may be found liable for causing the state's Camp Fire and could face "significant.....»»

Category: topSource: usatodayNov 14th, 2018

PG&E Stock Slammed Again on Northern California Wildfires

Utility company PG&E has reported an outage on a power transmission line near the site of the Camp Fire raging through northern California. Investors are pulverizing the stock price......»»

Category: blogSource: 247wallstNov 14th, 2018

California wildfire victims sue utility PG&E alleging negligence

A gr.....»»

Category: topSource: reutersNov 14th, 2018

PG&E sued over massive Northern California wildfire

People who lost homes in California's deadliest and most destructive wildfire sued Pacific Gas & Electric Co. Tuesday, accusing the utility of negligence and blaming it for the fire......»»

Category: topSource: foxnewsNov 13th, 2018

PG&E Emailed Customer About ‘Problems With Sparks’ Day Before California’s Camp Fire, Report Says

The woman was on vacation when she got the email. The day before the deadly Camp Fire erupted in California, a power utility comp.....»»

Category: europeSource: fortuneNov 13th, 2018