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Fly News Breaks for January 2, 2018
Jan 2, 2018 | 05:12 EDT
Goldman Sachs analyst Michael Lapides downgraded PG&E to Neutral and cut his price target for the shares to $50 from $60. Resolution of claims from the California wildfires, if inverse condemnation is applied, could take years and "cash flow/balance sheet impacts could prove significant still," Lapides tells investors in a research note. He believes financing risks remain and lowered his earnings estimates for 2018 through 2020 well below consensus.
News For PCG From the Last 2 Days
Dec 4, 2019 | 16:30 EDT
Stocks gained back today much of what they'd lost in yesterday's selloff after Bloomberg reported that the U. S... To see the rest of the story go to See Story Here
Dec 4, 2019 | 12:11 EST
PG&E payment to be half in cash and half in stock, people familiar with the matter tell Bloomberg.
Dec 4, 2019 | 09:40 EST
Unusual total active option classes on open include: ON Semiconductor (ON), ProShares UltraPro Short S&P 500 (SPXU), GoPro (GPRO), Expedia (EXPE), DuPont de Nemours (DD), Alphabet Class A (GOOGL), Shopify (SHOP), Alphabet (GOOG), PG&E (PCG), and United States Oil Fund (USO).