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PG&E Corp (PCG.N)

PCG.N on New York Stock Exchange

46.71USD
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Thu, Aug 30 2018

Vote on bill to limit PG&E California wildfire liability due Friday

California's legislature is scheduled to vote late on Friday on a bill that could help PG&E Corp avert potentially crippling liability for wildfires that ravaged northern parts of the San Francisco Bay Area last year.

Exclusive: California utility PG&E calls in debt restructuring lawyers - sources

PG&E Corp has hired law firm Weil, Gotshal & Manges LLP to explore debt restructuring options, people familiar with the matter said on Tuesday, as California's biggest utility grapples with liabilities stemming from last year's wildfires in the state that analysts estimate could exceed $8 billion.

PG&E takes $2.5 billion charge related to California wildfires

PG&E Corp will record $2.5 billion in pre-tax expenses in the second quarter related to wildfires in California, the electric utility said on Thursday, two weeks after state officials blamed its power lines for sparking the fires.

UPDATE 2-PG&E takes $2.5 bln charge related to California wildfires

* Utility's stock rises nearly 2 percent (Adds analyst and CFO comment, share price)

BRIEF-Cnooc Signs Pscs With Husky

* CNOOC - PARENT CO CHINA NATIONAL OFFSHORE OIL CORPORATION SIGNED TWO PRODUCTION SHARING CONTRACTS WITH HUSKY OIL OPERATIONS (CHINA) LIMITED

BRIEF-PG&E Corp Q1 EPS $0.86

* QTRLY NON-GAAP EARNINGS FROM OPERATIONS WERE $0.91 PER SHARE

BRIEF-ZTE's Parent Company Says Ability To Pay Principal And Interests On Bonds Not Affected

* PARENT COMPANY SAYS ITS ABILITY TO PAY PRINCIPAL AND INTERESTS ON BONDS WILL NOT BE AFFECTED BY LISTED ARM'S CURRENT OPERATING ENVIRONMENT Source text in Chinese: https://bit.ly/2Fc4pZe Further company coverage: (Reporting by Hong Kong newsroom)

CORRECTED (OFFICIAL)-PG&E CA Diablo Canyon 1 reactor remains at 50 pct power (April 13)

(Corrects headline and first paragraph in April 13 story to show Diablo Canyon 1 reactor remains at 50 percent power, and had not ramped up to full power, following clarification from the U.S. NRC. Also corrects second paragraph to say Diablo Canyon 2 was at 100 percent, and not 50 percent power.) April 13 PG&E Corp's 1,122-megawatt Unit 1 at the Diablo Canyon nuclear power plant in California was at 50 percent power as of early Friday, unchanged from Thursday, the U.S.

BRIEF-SFA Semicon Philippines Received Proceeds From Loan With Parent Co Amounting To US$30 Mln

* RECEIVED PROCEEDS FROM LOAN WITH PARENT CO, SFA SEMICON CO LTD AMOUNTING TO US$30 MILLION Source text for Eikon: Further company coverage:

BRIEF-China Mobile Says Parent Co Obtained Operating Permit For LTE/4G Digital Cellular Mobile Service

* CHINA MOBILE COMMUNICATIONS GROUP OBTAINED OPERATING PERMIT FOR LTE/4G DIGITAL CELLULAR MOBILE SERVICE (LTE FDD) Source text for Eikon: Further company coverage:

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