Pacific Gas & Electric Co. News
Wells Fargo IDs Four Utilities it Likes
The S&P 500 Utilities index has climbed 2.3% so far this year, while the overall S&P 500 has dropped 14%.
Why Your Tesla or Ford EV May Soon Be Even More Valuable
GM and Ford may even be ahead of Tesla for one big reason.
5 Top Stock Decliners for Monday: Zillow, CrowdStrike, Moderna
Zillow, CrowdStrike, Moderna, Alphabet and PG&E are five stocks that fell on Monday.
PG&E to Sell San Francisco Headquarters for $800 Million
PG&E is selling its headquarters for $800 million and plans to ask regulators to permit it to distribute $390 million to $420 million to customers.
Enphase Energy, SolarEdge Rise on Susquehanna Upgrade to Positive
Buoyant growth in the residential sector and the sector's correction in recent weeks will help Enphase and SolarEdge, Susquehanna said.
Morgan Stanley Stock Leads Gains As Banks Boost Dividends After Fed Stress Tests
Morgan Stanley, Wells Fargo, Bank of America and Goldman Sachs will lift their quarterly dividend, while JPMorgan will hold its steady following last week's Fed stress tests.
Nike Stock Slides As As Margin Pressures, China Worries Offset Q4 Earnings Beat
"We think we're well positioned for growth in fiscal year 2023 ... having said that, we did take a cautious approach to Greater China," said CFO Matthew Friend.
Playtika Stock Slumps After Joffre Capital Takes 25.7% Stake Online Casino Gaming Group
Axios reported late Monday that tech buyout group Joffre Capital is seeking a majority stake in the online casino video game group.
Walgreens Stock Slides As Group Scraps Plan to Sell UK-based Boots
"As a result of market instability ... no third party has been able to make an offer that adequately reflects the high potential value of Boots," Walgreens said.