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Fintech Focus For March 29, 2021
Sunday, March 28, 2021 - 7:49pm | 2098Read More...Quote To Start The Day: When something is important enough, you do it even if the odds are not in your favor. Source: Elon Musk One Big Thing In Fintech: Bitcoin, among other cryptocurrencies, lacks a utility component. That’s according to Natalia Shirshova, CMO and co-founder at Reinno, a...
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Fintech Focus For July 30, 2020
Thursday, July 30, 2020 - 8:06pm | 1944Read More...Daily Perspective: Not all those who wander are lost. - J.R.R. Tolkein Fintech Movers: Investors and entrepreneurs say that while the COVID-19 pandemic has boosted demand for fintechs in areas such as digital payments and online trading, it has hurt more vulnerable sectors such as online lending....
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Tesla And PG&E To Build World's Largest Battery Farm
Friday, February 28, 2020 - 3:27am | 365Read More...Tesla Inc. (NASDAQ: TSLA) and PG&E received the approval from county planners to build a massive battery farm in Monterey, California. What Happened Tesla will work with PG&E Corporation (NYSE: PCG), or the Pacific Gas and Electric Company, to build the world’s largest...
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Bulls & Bears Of The Week: CVS, EA, GM, Kinder Morgan And More
Sunday, January 20, 2019 - 12:51pm | 833Read More...Benzinga has featured looks at many investor favorite stocks over the past week. Bullish calls included a top automaker and a leading airline. Bearish calls included a troubled utility and a video game giant. When the big U.S. banks kicked off the fourth-quarter earnings season last week, their...
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Barron's Picks And Pans: Apple, PG&E, Western Digital And More
Sunday, December 24, 2017 - 10:20am | 591Read More...This weekend's Barron's cover story takes a look at why this is a golden moment for the iPhone and Mac maker. Other featured articles examine the prospects for a data storage company that may be undervalued and a California electric utility that may not be on the hot seat after all...
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Are Obama's New Climate Rules More About Killing Jobs Or Saving Lives?
Tuesday, June 3, 2014 - 1:19pm | 729Read More...According to The Washington Post, the U.S. Chamber of Commerce released a report saying the Obama administration’s proposed plan to reduce carbon emissions from power plants by 30 percent over the next 16 years would cost businesses more than $50 billion per year. The Natural...
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Market Wrap For March 28: Markets Still Positive Despite Giving Up Early Gains
Friday, March 28, 2014 - 4:27pm | 1778Read More...U.S. stocks finished the week on a positive note despite a sell-off in the afternoon. One possible reason for the sell-off is that investors are adjusting their portfolios for the end of the quarter on Monday. Major indices rallied off the opening bell with the Dow Jones Industrial Average...
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Via Motors One-Ups the Chevy Volt
Thursday, January 12, 2012 - 1:20pm | 571Read More...A new automobile startup has a fresh concept for developing its vehicles. Instead of relying solely on gasoline, and instead of enduring the pain of trying to manufacture the entire vehicle itself, Via Motors is letting General Motors (NYSE: GM) perform the majority of the work. In fact, Via...
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UPDATE: Jefferies Color on PG&E Target Decrease
Thursday, July 7, 2011 - 7:33am | 92Read More...Jefferies, which lowered its PT on shares of PG&E (NYSE: PCG), is providing some color on the stock. “We are increasing our 2Q11 EPS estimate by $0.10 to $1.00 to reflect higher revenue coming from the GRC approval. The GRC was approved in the 2Q11 with rates being retroactive to the beginning...
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Citi Reiterates Hold and PT of $46 on PG&E Corporation
Thursday, June 9, 2011 - 9:10am | 61Read More...Citi reiterated its Hold rating and PT of $46 on PG&E Corporation (NYSE: PCG). In a research report published today, Citi revised downwards its earnings per share estimates for the next three years. Citi's new EPS estimates are $3.51 for 2011 (from $3.70), $3.68 for 2012 (from $3.82) and $3.93...
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UPDATE: Jefferies Color on PG&E Target Decrease
Monday, May 23, 2011 - 7:19am | 125Read More...Jefferies, which downgraded shares of PG&E Corp. (NYSE: PCG) while lower its PT, is providing some color on the stock. “We were previously assuming that the company would be able to earn of some $1.5 billion of CWIP annually (which has been the average for the company in the past several years...
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UPDATE: Jefferies Raises PT on PG&E to $51
Wednesday, May 18, 2011 - 7:49am | 95Read More...Jefferies is out with its report today on PG&E (NYSE: PCG), raising its PT from $50.50 to $51. In a note to clients, Jefferies writes, "Taking our 2013 EPS estimate of $3.70 in conjunction with a 13.6x P/E multiple (2013 average utility P/E multiple), we arrive at a price target of $51.00....
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JP Morgan On Electric Utilities
Tuesday, October 19, 2010 - 8:35am | 356Read More...JP Morgan has issued a research report on Electric Utilities for 3Q earnings outlook and estimates. In the report, JP Morgan writes "We expect electric utility stocks to avoid the inverse performance the stocks saw versus the S&P 500 earlier this year, when the UTY fell by ~3% while the S&P...
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Citigroup Analyzes Pacific Gas & Electric Co.'s Settlement Agreement
Monday, October 18, 2010 - 8:18am | 140Read More...After market close on 10/15/10, Pacific Gas & Electric Co. (NYSE: PCG) announced that it had reached a full settlement in the pending Electric & Gas General Rate Case., Citigroup reports. The agreement includes a total of 17 parties out of 19, including the California Division of Ratepayer...
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PG&E Upgraded To Buy
Tuesday, October 5, 2010 - 8:07am | 123Read More...Deutsche Bank has published a research report for PG&E Corporation (NYSE: PCG) and has upgraded the company to Buy. In the report, Deutsche Bank writes "We are upgrading PCG to Buy from Hold based on an attractive risk/reward value proposition. We see upside to the stock, as we believe that...
