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PG&E Shares Rise Even as Epic Blackouts Roil California.

Authors :
Freitas Jr., Gerson
Source :
Bloomberg.com; 10/9/2019, pN.PAG-N.PAG, 1p
Publication Year :
2019

Abstract

(Bloomberg) -- PG&E Corp.'s decision to cut power in wide swaths of Northern California to prevent wildfires will leave millions in the dark and may cost the state's economy billions of dollars. The shares may also be benefiting, he said, from investors expecting that federal bankruptcy judge Dennis Montali will allow PG&E to retain the exclusive right to propose a Chapter 11 reorganization plan. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
139034873