Barclays (LON:BARC) analyst Nicholas Campanella revised the price target for Edison International (NYSE:EIX) shares, reducing it to $67.00 from the previous $76.00, while maintaining an Overweight rating on the company's stock.
As of late last week, investigations were under way into whether equipment owned and operated by Southern California Edison, the utility subsidiary of
LOS ANGELES, CA / ACCESS Newswire / January 22, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is
Hueston Hennigan partners Douglas Dixon, in Newport Beach, and Brittani Jackson, in Los Angeles, appeared at a Tuesday hearing for Southern California Edison.
Edison International (EIX) plunged more than 14% in mid-day trading Monday, hitting its lowest level in over two years, after CEO Pedro Pizarro said the company could not “rule out” the possibility that its infrastructure played a role in sparking wildfires currently burning near Los Angeles.
Two lawsuits, filed on Monday in Los Angeles Superior Court, allege Edison's failure to maintain vegetation and de-energize transmission poles caused the Eaton fire in Los Angeles.
Officials remained concerned that the Palisades and Eaton fires could break their containment lines as firefighters continue watching for hot spots.
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.
Southern California Edison announced that its grid experienced a "short circuit" just after 10 p.m. on Tuesday night - which is when the Hurst Fire began
Southern California Edison, the electrical utility for Los Angeles, has been sued for its alleged role in starting one of the raging Los Angeles fires that have collectively killed at least 24 people and displaced tens of thousands of people from their homes.
Dozens of people are believed to have died in the Palisades and Eaton fires, which have burned down whole swaths of communities
NEW YORK, NY / ACCESS Newswire / January 22, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Edison