Fintel reports that on January 15, 2025, Ladenburg Thalmann upgraded their outlook for Edison International (NYSE:EIX) from ...
Major wildfires are destroying homes throughout the Los Angeles area, including two that have burned over 10,000 acres.
Discover how California energy infrastructure is responding to the ongoing California wildfires and what it means for ...
Edison International stock rebounds slightly as utility faces investigation over potential link to California wildfires, ...
The market has sold off Edison International stock in the recent days, sending it down to levels last seen in October of 2023 ...
AllState, Chubb and Travelers are the most exposed carriers to insured losses in the wildfires, according to JPMorgan.
The suits cited multiple eyewitness accounts and images that appeared to show a fire at the base of a transmission tower owned by Southern California Edison (SCE) before powerful Santa Ana wind ...
Edison International Inc.’s southern California utility faces lawsuits blaming the energy provider’s equipment for igniting one of the wildfires still raging in the second-largest US metropolis.
One lawsuit, brought by attorneys for a homeowner who lost their residence, alleges that Edison's equipment was the ignition source, adding that footage and witness accounts reportedly show flames ...
Two lawsuits filed Monday against Southern California Edison allege the utility failed to de-energize its power equipment and clear brush where a blaze sparked near Pasadena, one in a cascade of ...
Allstate, Travelers, and Chubb likely will be the publicly traded insurers most exposed to losses from the L.A. fires, according to analysts, while Nvidia and other chip makers fall after a report ...
US stocks surged on Wednesday after a closely watched inflation report showed an easing of underlying price pressures while ...