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Edison International, California
California wildfires send power company Edison International’s stock falling
The company will likely face questions over whether any of its power lines may have contributed to the fires. No officials have made any statements on this issue.
Shares of California utility Edison International drop more than 10% as wildfires rage
Fear and uncertainty surrounding the wildfires in California appear to be weighing on shares of Edison International, whose Southern California Edison is the power utility for the areas directly surrounding the city of Los Angeles.
Los Angeles wildfires cause 10% drop in Edison stock, impacting 401(k) participants with company shares
The onslaught of wildfires in Los Angeles and surrounding southern California communities has caused a dramatic drop in the stock of Edison International, the utility that serves much of the affected area, affecting the utility’s 401 (k) plan investors who hold company stock.
Edison International, other utilities to trade at discount on fire risk, analysts say
Edison International and other utilities are expected to trade at a wider discount to the benchmark S&P 500 utilities index than before as wildfires burning across California underscore the risks of natural disasters on their businesses,
California utility Edison plunges 10% but analysts OK with wildfire liability protections
Edison International (NYSE:EIX) settled -10.2% on Wednesday, after plunging as much as 13% to its lowest level in nine months, on fear and uncertainty over the wildfires in southern California; SoCal Edison is the power utility for the areas directly surrounding the city of Los Angeles.
California, Wildfires and Los Angeles
What ignited the deadly California wildfires? Investigators consider an array of possibilities
Investigators are considering an array of possible ignition sources for the huge fires that have killed at least 10 people and destroyed thousands of homes and businesses in the Los Angeles area.
5 Dead, Nearly 180,000 Evacuated In Los Angeles Wildfires: California Utilities Face Scrutiny
California utility companies could come under pressure from regulators and investors after devastating Los Angeles wildfires have left at five people dead and almost 180,000 evacuated from their homes due to multiple wildfires. Here's the latest.
How the Wildfires in the Los Angeles Area Could Affect California's Home Insurance Market
The wildfires that destroyed homes in multiple sections of the Los Angeles area will test California’s efforts to stabilize the state’s insurance marketplace after many insurers stopped issuing reside
2d
Dangerous winds prompt Southern California Edison to shut off power to thousands of customers. Here’s where
This is the third time in as many months that strong Santa Ana winds have prompted Southern California Edison to cut power to ...
Noozhawk
18h
Edison Restores Power to Santa Barbara Customers; More Shutoffs Possible
Southern California Edison restored power midday Thursday to Santa Barbara-area customers affected by public safety power ...
1h
on MSN
California Insurers Ask to Preserve Evidence of Wildfires
Utility giant Southern California Edison received "evidence preservation notices" from attorneys representing insurers.
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on MSN
Edison cuts power in Idyllwild, other mountain areas amid wildfire threat
Southern California Edison has instituted public safety power shutoffs in the mountains west of Palm Springs as at least four ...
7h
on MSN
Edison girls soccer’s Riley Crooks excited for early college enrollment after ‘dream’ career
Crooks is one of Orange County’s top female athletes. In the fall, she had 46 interceptions to help Edison’s girls flag ...
1d
Power lines, involved in previous California fires, will be under scrutiny again.
Strong winds did prompt Edison and another utility, San Diego Gas & Electric, to begin cutting power to customers to reduce ...
1d
Wildfires latest: Thousands flee Los Angeles as blazes burn in and around the city
Wildfires tore across the Los Angeles area with devastating force on Wednesday after setting off a desperate escape from ...
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