PG&E

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...

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....

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...

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...

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...

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...

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....

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...

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...

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...