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PCG
Will PG E Continue To Surge Higher
As of late it has definitely been a great time to be an investor in PG E Corporation NYSE PCG The stock has moved higher by 3 1 in the past month while it is also above its 20 Day SMA too This combination of strong price performance and favorable technical could suggest that the stock may be on the right path...
XOM
U S sanctions companies people over Russia actions in Ukraine
By Yeganeh Torbati WASHINGTON Reuters The United States on Tuesday targeted more Russian businessmen and companies over Russia s annexation of Crimea and the conflict in Ukraine slapping them with U S sanctions in a move Moscow criticized as hostile The measures come a month before U S President Barack Obama ha...
XOM
Senator McCain says has concerns about Tillerson nomination
VILNIUS Reuters U S President elect Donald Trump s choice for Secretary of State Rex Tillerson will have to explain his relationship with Russian leader Vladimir Putin at his confirmation hearing senior Republican senator John McCain said on Thursday McCain who is chairman of the U S Senate Armed Services Co...
CSCO
Rookies Of The Year The 4 Most Successful IPOs Of 2016
by Clement Thibault This is Part III of our four part series about how specific groups of stocks repaid investors in 2016 Part I Best Comeback Stocks Of 2016 was published right before the Christmas holiday Part II SPX MVPs The 5 Best Performing Stocks of 2016 was published earlier this week We borrowed our des...
XOM
Gassing Up Your Portfolio With Exxon Mobil
Around my part of the world it is Mobil at the pumps But I grew up with my mother working for Exxon She was a computer programmer modeling sludge movement for the engineers Bad ass So I am comfortable with both brands and the combination of name despite the signage The stock went through a long downturn with falli...
XOM
Oil Prices Plummet On Continued Supply Glut
After a much needed bullish run to start the summer it appears that the upward momentum of oil prices has completely reversed Oil futures declined over 15 in July and prices continued to fall even further to begin the new month today The price of the West Texas Intermediate WTI benchmark slumped 1 34 or 3 22 ...
XOM
Top Trade Ideas For The Week XOM
Here is your Bonus Idea with links to the full Top Ten ExxonMobil NYSE XOM stock went through a long downturn with falling oil prices but found a bottom in January Since then it has moved higher is a rising channel After a 30 move higher in just under 5 months it broke that channel to the down side Wednesday and...
PCG
Why PG E PCG Might Surprise This Earnings Season
Investors are always looking for stocks that are poised to beat at earnings season and PG E Corporation NYSE PCG may be one such company The firm has earnings coming up pretty soon and events are shaping up quite nicely for their report That is because PG E is seeing favorable earnings estimate revision activity ...
PCG
Atmos Energy ATO To Report Q4 Earnings What s In Store
Atmos Energy Corporation NYSE ATO is set to report fourth quarter fiscal 2019 results on Nov 6 after the market closes This natural gas distribution company delivered a negative earnings surprise of 1 45 in the last reported quarter Let s see how things have shaped up before the upcoming earnings announcement Fa...
PCG
PG E PCG Q3 Earnings And Revenues Beat Estimates
PG E PCG came out with quarterly earnings of 1 11 per share beating the Zacks Consensus Estimate of 0 99 per share This compares to earnings of 1 13 per share a year ago These figures are adjusted for non recurring items This quarterly report represents an earnings surprise of 12 12 A quarter ago it was exp...
PCG
Why Is PG E PCG Up 60 3 Since Last Earnings Report
It has been about a month since the last earnings report for PG E PCG Shares have added about 60 3 in that time frame outperforming the S P 500 Will the recent positive trend continue leading up to its next earnings release or is PG E due for a pullback Before we dive into how investors and analysts have reacte...
PCG
Can Value Investors Consider Pacific Gas Electric PCG
Value investing is easily one of the most popular ways to find great stocks in any market environment After all who wouldn t want to find stocks that are either flying under the radar and are compelling buys or offer up tantalizing discounts when compared to fair value One way to find these companies is by looking ...
XOM
G20 task force wants companies to come clean on climate risk
By Nina Chestney LONDON Reuters Companies will be asked to disclose how they manage the risks to their business from climate change and greenhouse gas emission cuts by a global task force set up to try to prevent market shocks from the warming of the planet Although the measures recommended by the Task Force on Cl...
XOM
U S oil industry cheers Trump energy pick seeks gas export boost
WASHINGTON Reuters The U S oil and gas industry on Wednesday welcomed President elect Donald Trump s choice of former Texas Governor Rick Perry to head the U S Department of Energy and wasted no time making its first specific request of him to support increased exports of America s natural gas overseas Trump n...
XOM
Wall St slides after Fed raises rates energy weighs
By Rodrigo Campos NEW YORK Reuters U S stocks fell the most in two months on Wednesday after the Federal Reserve raised interest rates by a quarter point and signaled hikes could come next year at a faster pace than some expected Energy stocks weighed the most on the S P 500 after a sharp drop in U S crude oil p...
XOM
Tillerson to hand over reins to Exxon s president Woods
By Liz Hampton and Swetha Gopinath Reuters Exxon Mobil Corp N XOM said on Wednesday its president Darren Woods will become chief executive and chairman in January following the retirement of Rex Tillerson who is U S President elect Donald Trump s choice for secretary of state Tillerson 64 will retire at ...
XOM
Trump endorses Romney niece Ronna Romney McDaniel for RNC chair
By Steve Holland NEW YORK Reuters U S President elect Donald Trump on Wednesday endorsed a niece of former critic Mitt Romney to be the next chair of the Republican National Committee as he moved to put his stamp on the party leadership The RNC named Michigan Republican Party chair Ronna Romney McDaniel as its de...
XOM
Climate scientists adjust as Trump builds team of oil allies
By Peter Henderson SAN FRANCISCO Reuters Climate scientists worried that President elect Donald Trump will slash their budgets and sideline their research are entering survival mode trimming the words climate change from study proposals emphasizing business applications of their work and safeguarding data that...
XOM
Putin turned Russia election hacks in Trump s favor U S officials
WASHINGTON Reuters Russian President Vladimir Putin supervised his intelligence agencies hacking of the U S presidential election and turned it from a general attempt to discredit American democracy to an effort to help Donald Trump three U S officials said on Thursday U S intelligence agencies conclusion th...
XOM
Obama points finger at Putin for hacks during U S election
By Roberta Rampton and Jeff Mason WASHINGTON Reuters President Barack Obama on Friday strongly suggested that Russian President Vladimir Putin personally authorized the computer hacks of Democratic Party emails that American intelligence officials say were aimed at helping Republican Donald Trump win the Nov 8 ele...
CSCO
What s In Store For Pure Storage PSTG In Q3 Earnings
Enterprise data storage firm Pure Storage Inc NYSE PSTG is scheduled to report third quarter fiscal 2017 ended Oct 2016 results after the market closes on Nov 30 In the last reported quarter earnings beat the Zacks Consensus Estimate by 8 8 Over the trailing four quarters the company missed earnings estima...
XOM
ExxonMobil XOM Q2 Earnings Revenues Miss
Irving TX based ExxonMobil Corporation NYSE XOM is the world s largest publicly traded oil company engaged in oil and natural gas exploration and production petroleum products refining and marketing chemicals manufacture and other energy related businesses The company divides its operations into three segment...
XOM
ExxonMobil XOM Misses Q2 Earnings Revenue Estimates
ExxonMobil Corporation NYSE XOM posted second quarter 2016 earnings of 41 cents per share widely missing the Zacks Consensus Estimate of 64 cents The bottom line also deteriorated from 1 00 per share in the year ago quarter The impact of sharply lower commodity prices and weaker refining margins was partly of...
PCG
PG E tumbles another 10 after S P cuts credit rating to junk
PG E PCG 9 9 shares continue to plunge in early trading after S P downgraded the utility s credit rating to junk with a negative outlook in the wake of massive claims stemming from the deadly California wildfires S P cut the rating on PG E and its Pacific Power Gas unit to B from BBB the lowest tier of investme...
PCG
Judge proposes PG E power restrictions for next California fire season
SAN FRANCISCO Reuters A U S judge on Wednesday issued a proposed order to restrict utility PG E N PCG from using power lines deemed to be unsafe during high winds in the 2019 California fire season according to a court filing U S District Judge William Alsup in San Francisco also proposed that PG E be requir...
PCG
Moody s lowers PG E s credit rating to junk joins SP
Reuters Moody s on Thursday joined S P in lowering PG E Corp s N PCG credit rating deeper into junk territory citing a challenging environment for the California power provider as it faces billions of dollars in liabilities related to wildfires Moody s which cut PG E s rating to B2 from Baa3 said access to ca...
PCG
Are Options Traders Betting On A Big Move In PG E Corporation PCG Stock
Investors in PG E Corporation NYSE PCG need to pay close attention to the stock based on moves in the options market lately That is because the Aug 23 2019 16 Call had some of the highest implied volatility of all equity options today What is Implied Volatility Implied volatility shows how much movement the mark...
PCG
Why Is PG E PCG Down 45 Since Last Earnings Report
A month has gone by since the last earnings report for PG E PCG Shares have lost about 45 in that time frame underperforming the S P 500 Will the recent negative trend continue leading up to its next earnings release or is PG E due for a breakout Before we dive into how investors and analysts have reacted as of...
PCG
Will PG E PCG Beat Estimates Again In Its Next Earnings Report
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report PG E PCG which belongs to the Zacks Utility Electric Power industry could be a great candidate to consider This utility holding company has an established ...
XOM
Trump to name Exxon Mobil CEO Tillerson as U S secretary of state Fox News
Reuters U S President elect Donald Trump will name Exxon Mobil Corp NYSE XOM Chief Executive Officer Rex Tillerson as his choice for secretary of state Fox News reported on Monday citing unnamed sources
XOM
Trump taps Exxon CEO Tillerson as top U S diplomat
By Steve Holland WASHINGTON Reuters U S President elect Donald Trump announced Exxon Mobil Corp NYSE XOM Chief Executive Officer Rex Tillerson as his choice for secretary of state on Tuesday praising him as a successful international dealmaker who leads a global operation Tillerson s experience in diplomacy ...
XOM
Trump picks former Texas Governor Perry as energy secretary
By Steve Holland WASHINGTON Reuters Donald Trump has chosen former Texas Governor Rick Perry to head the U S Department of Energy a source close to the president elect said putting him in charge of an agency he proposed eliminating during his bid for the 2012 Republican presidential nomination The choice of Per...
XOM
After Alaska flop Shell s search for oil moves closer to home
By Ron Bousso LONDON Reuters In the waters off Malaysia Royal Dutch Shell L RDSa is finding gas quickly and cheaply to replenish depleting fields where only a few years ago geologists had lost hope of discovering any new reserves The Anglo Dutch group is combining the latest technology with the wisdom of indust...
XOM
Democrats enlist experts to scour Tillerson s business record
By Patricia Zengerle WASHINGTON Reuters U S Senate Democrats plan to enlist accountants and legal experts to pore through the business records of Exxon Mobil N XOM Chief Executive Rex Tillerson President elect Donald Trump s pick for secretary of state Democratic aides said Tillerson could face a rocky conf...
XOM
Ukraine foreign minister does not see improved Russia US ties under Trump agency
KIEV Reuters Ukraine s Foreign Minister Pavlo Klimkin does not think relations between Russia and the United States will improve under Donald Trump s administration news agency Interfax Ukraine reported him as saying late on Tuesday The comments follow Trump s choice of Rex Tillerson as his secretary of state a...
XOM
U N environment chief concerned at climate science skeptics among Trump picks
By Kanupriya Kapoor JAKARTA Reuters Some elite U S politicians denial of the science backing up climate change is worrying the United Nations environment chief said on Wednesday adding that the fight against global warming would continue even without the United States U S President elect Donald Trump has in...
PCG
Exclusive California utility PG E explores bankruptcy filing sources
By Liana B Baker Greg Roumeliotis and Mike Spector Reuters California utility company PG E Corp N PCG is exploring filing some or all of its business for bankruptcy protection as it faces billions of dollars in liabilities related to fatal wildfires in 2018 and 2017 people familiar with the matter said on Frid...
PCG
PG E shares and bonds plunge on bankruptcy worries
Reuters PG E Corp s N PCG shares dived more than 22 percent on Monday after sources said the California utility is exploring filing for bankruptcy protection as it fears a massive charge in the fourth quarter related to potential liabilities from wildfires The utility is considering the move for some or all of ...
PCG
Should Value Investors Buy PG E PCG Stock
Here at Zacks our focus is on the proven Zacks Rank system which emphasizes earnings estimates and estimate revisions to find great stocks Nevertheless we are always paying attention to the latest value growth and momentum trends to underscore strong picks Looking at the history of these trends perhaps none is ...
PCG
PG E PCG Surges Stock Moves 7 3 Higher
PG E Corporation NYSE PCG was a big mover last session as the company saw its shares rise more than 7 on the day The move came on solid volume too with far more shares changing hands than in a normal session This stock which remained volatile and traded within the range of 17 10 20 97 in the past one month t...
PCG
PG E Has More Downside Risk
Recently I ve come across a positively asymmetric low risk high reward opportunity via buying puts on a utility firm that s recently entered bankruptcy I m talking about Pacific Gas Electric Co NYSE PCG which is the holding company that owns the California utility firm Pacific Gas Electricity PG E But...
PCG
Earnings Preview PG E PCG Q2 Earnings Expected To Decline
The market expects PG E PCG to deliver a year over year decline in earnings on higher revenues when it reports results for the quarter ended June 2019 This widely known consensus outlook is important in assessing the company s earnings picture but a powerful factor that might influence its near term stock price is ...
PCG
PG E PCG Q2 Earnings Beat Estimates
PG E PCG came out with quarterly earnings of 1 10 per share beating the Zacks Consensus Estimate of 0 97 per share This compares to earnings of 1 16 per share a year ago These figures are adjusted for non recurring items This quarterly report represents an earnings surprise of 13 40 A quarter ago it was exp...
XOM
Britain says West cannot treat Russia as an equal partner
LONDON Reuters Britain s defense minister said on Sunday he was ready to work with his new U S counterpart but that Western nations could not treat Russia as an equal partner as Moscow was a strategic competitor Several appointments by U S President elect Donald Trump have suggested his administration could forg...
XOM
Rick Perry a leading candidate for U S energy post source
By Steve Holland NEW YORK Reuters Rick Perry who proposed eliminating the U S Energy Department during his unsuccessful bid for the 2012 Republican presidential nomination has emerged as a leading candidate to head the agency under President elect Donald Trump a transition official said on Sunday Democratic U ...
XOM
Former U S Ambassador to U N claims WikiLeaks a False Flag Operation
Investing com Former U S Ambassador to the U N John Bolton said on Sunday that he suspected that the hacking of Democratic e mail accounts during this year s presidential campaign was a false flag operation designed to look like it was done by the Russians Bolton is said to be the nominee for Deputy Secretary of...
XOM
Trump says reports Russia helped him in U S election are ridiculous
By Doina Chiacu and Howard Schneider WASHINGTON Reuters President elect Donald Trump rejected as ridiculous U S intelligence reports that Russia intervened in the presidential election on his behalf through targeted hacking putting him at odds with top lawmakers who vowed to investigate the findings He blamed ...
XOM
Iraq to abide by OPEC cut expects output growth in future
By Rania El Gamal VIENNA Reuters Iraq is committed to cutting its production to comply with a global pact to support prices the country s oil minister said adding he was nevertheless confident OPEC s No 2 producer has the potential to boost its output in coming years Iraq is reviewing several options to impleme...
XOM
Tillerson choice raises questions of corporate vs national interest
By Valerie Volcovici and Arshad Mohammed WASHINGTON Reuters The central question facing Exxon Mobil Corp N XOM Chief Executive Rex Tillerson if he becomes U S secretary of state is whether a lifelong oil man with close ties to Russia can pivot from advancing corporate interests to serving the national interest...
CSCO
Zacks com Featured Highlights Cisco Systems Cardiovascular Systems Five9 Generac Holdings And Nxstage Medical
For Immediate Release Chicago IL November 16 2016 Stocks in this week s article include Cisco Systems NASDAQ CSCO NASDAQ Cardiovascular Systems NASDAQ Five9 Inc NASDAQ Generac Holdings NYSE and Nxstage Medical NASDAQ Screen of the Week of Zacks Investment Research by Kevin Matras...
CSCO
Cisco CSCO Slumps 4 On Q1 Earnings Beat Weak Guidance
Cisco Systems Inc NASDAQ CSCO just released its first quarter fiscal 2017 financial results after the bell posting earnings of 55 cents per share accounting for non stock based compensation and BNRI and revenues of 12 4 billion CSCO is a 2 Buy on the Zacks Rank and is down 4 24 to 30 23 per share in aft...
CSCO
Cisco Earnings Preview A Low Bar To Beat
Networking equipment giant Cisco Systems NASDAQ CSCO will deliver its fiscal Q1 earnings results after the closing bell today Here s a preview of what investors can expect Cisco will unveil its results via press release shortly after the market closes at 4 00 pm Eastern with a 4 30 pm conference call to follow Ty...
CSCO
Cisco s Weak Forecast Sends Shares Plunging 5
Networking equipment giant Cisco Systems NASDAQ CSCO posted solid fiscal Q1 numbers late today but its surprsingly weak forecast sent shares significantly lower The San Jose based company reported Q1 adjusted net income of 0 61 per share beating out analysts 0 59 estimate by two cents Revenues fell 2 6 from l...
XOM
ExxonMobil XOM Bids For InterOil Trumps Oil Search Offer
ExxonMobil Corporation NYSE XOM has placed a bid for Canadian company InterOil to enhance its liquefied natural gas position in Papua New Guinea Per Oil Search the U S supermajor s offer of about 2 2 billion for Papua New Guinea focused InterOil Corp has outbid that of Oil Search which is backed by French ener...
XOM
Stocks And Currencies Off To A Good Start
By Kathy Lien Managing Director of FX Strategy for BK Asset Management Many currency pairs traded higher on Monday thanks to the overall strength in U S stocks The Dow Jones Industrial Average and S P 500 hovered near record levels as central banks gear up to increase stimulus No actions will be taken this week w...
PCG
New report details PG E s decision not to cut power ahead of deadly fire
PG E PCG 0 4 warned customers in the days leading up to California s deadliest wildfire before making its final decision not to cut electricity more than six hours after the Camp Fire began on Nov 8 according to a report filed with state regulators Residents who lost loved ones and homes have sued PG E blaming ...
PCG
List of missing in California s deadliest wildfire drops sharply
By Steve Gorman Reuters Two days after authorities in Northern California ended their search for human remains from the deadliest wildfire in state history the number of people listed as missing was reduced on Friday to fewer than 50 down from the nearly 200 last tallied The confirmed death toll from the Camp Fi...
PCG
PG E seeks 12 percent rate hike in 2020
Reuters PG E Corp N PCG said on Thursday it had requested California s top utilities regulator for a 12 percent rate hike in 2020 to fund its community wildfire safety program insurance liabilities and core gas and electric operations The proposal does not request funding for potential lawsuits or claims resul...
PCG
PG E in spotlight for falsifying safety records
The troubles are piling up for Pacific Gas and Electric Company NYSE PCG as the California Public Utilities Commission ordered immediate action against the utility for falsifying safety documents for natural gas pipelines The state regulator found PG E lacked sufficient staffing to locate and mark natural gas pipelin...
PCG
Height Capital Markets defends PGE
Height Capital Markets updates on the developments with Pacific Gas Electric NYSE PCG and the California wildfires charges The firm thinks California Attorney General Xavier Becerra took a milder stance than some of the media headlines on potential murder charges are indicating this morning Height s take on the C...
PCG
PG E faces 20M lawsuit over 2013 California fire that destroyed power plant
PG E NYSE PCG is sued by Calpine s Geysers Power unit for the utility s role in a 2013 fire that destroyed one of its power plants causing more than 20M in damages Geysers claims an oil filled circuit breaker in a PG E switchyard exploded and sparked a fire that spread across thousands of acres in Sonoma County Ca...
PCG
PG E seeks to make changes to its board
Reuters PG E Corp N PCG the electricity provider in the northern California region ravaged by a deadly wildfire said it was searching for new directors at its holding company and its utility subsidiary Pacific Gas and Electric Co The fire broke out on the morning of Nov 8 near the Northern California mountain...
PCG
PG E PCG Up 4 5 Since Last Earnings Report Can It Continue
A month has gone by since the last earnings report for PG E PCG Shares have added about 4 5 in that time frame outperforming the S P 500 Will the recent positive trend continue leading up to its next earnings release or is PG E due for a pullback Before we dive into how investors and analysts have reacted as of...
PCG
Can PG E PCG Keep The Earnings Surprise Streak Alive
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report you should consider PG E PCG This company which is in the Zacks Utility Electric Power industry shows potential for another earnings beat When looki...
PCG
PG E PCG Q1 Earnings Surpass Estimates
PG E PCG came out with quarterly earnings of 1 04 per share beating the Zacks Consensus Estimate of 0 90 per share This compares to earnings of 0 91 per share a year ago These figures are adjusted for non recurring items This quarterly report represents an earnings surprise of 15 56 A quarter ago it was exp...
PCG
Is PG E PCG Stock Undervalued Right Now
Here at Zacks our focus is on the proven Zacks Rank system which emphasizes earnings estimates and estimate revisions to find great stocks Nevertheless we are always paying attention to the latest value growth and momentum trends to underscore strong picks Of these perhaps no stock market trend is more popular ...
PCG
Is PG E PCG A Great Value Stock Right Now
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks Nevertheless we know that our readers all have their own perspectives so we are always looking at the latest trends in value growth and momentum to find strong picks Looking at the history of these trends per...
PCG
PG E PCG Down 15 2 Since Last Earnings Report Can It Rebound
A month has gone by since the last earnings report for PG E PCG Shares have lost about 15 2 in that time frame underperforming the S P 500 Will the recent negative trend continue leading up to its next earnings release or is PG E due for a breakout Before we dive into how investors and analysts have reacted as ...
XOM
ExxonMobil leaves McLaren for Red Bull F1 team
LONDON Reuters McLaren have lost another long term partner to Formula One rivals Red Bull with oil giant ExxonMobil NYSE XOM following the example of Tag Heuer Red Bull said in a statement on Thursday that ExxonMobil will replace Total as their official partner for fuel lubricant and motor oil in 2017 The Mobi...
XOM
Trump ex Vice President Gore meet to talk climate policy
By Amy Tennery and Timothy Gardner NEW YORK WASHINGTON Reuters Former U S Vice President Al Gore a leading voice in the fight against climate change and Donald Trump who at one point called it a hoax met on Monday in what Gore called a productive session Gore a Democrat spent about 90 minutes in meetings ...
XOM
Rudy Giuliani reportedly turned down homeland security secretary post
Investing com Former New York City Mayor Rudy Giuliani reportedly turned down President elect Donald Trump s offer to be named Secretary of Homeland Security holding out in an apparently unsuccessful negotiating tactic for an appointment as Secretary of State Exxon Mobil Corporation NYSE XOM executive Rex Way...
XOM
Exxon CEO is now Trump s secretary of state favorite transition official
By Steve Holland GRAND RAPIDS Mich Reuters Exxon Mobil Corp NYSE XOM Chief Executive Rex Tillerson emerged on Friday as President elect Donald Trump s leading candidate for U S secretary of state a senior transition official said Trump met Tillerson on Tuesday and may talk to him again over the weekend th...
XOM
Trump likely to name Exxon CEO secretary of state source
By Steve Holland BALTIMORE Reuters U S President elect Donald Trump is expected to name the chief executive of Exxon Mobil Corp NYSE XOM as the country s top diplomat a source familiar with the situation said on Saturday an appointment that would put in place an official with close ties to the Russian govern...
CSCO
Top Stocks With Big Potential Catch Up Moves
Given the recent run up in the market last week here s a screen I ve been using recently for my own stock picking First it focuses on the top Zacks Ranked Sectors and Industries Then it focuses on the Zacks Rank 1s 2s and 3s which are Strong Buys Buys and Holds respectively But then it selects the outper...
CSCO
Your Two Minute Earnings Preview For Cisco Systems CSCO Stock
Today we are taking a quick look at Cisco Systems NASDAQ CSCO ahead of their earnings release later in the week This company finds itself in a top notch industry and shares have been moving higher to start November but can it keep the trend going following its earnings release Well there are definitely some reas...
XOM
TOTAL Invests In United Wind Expands Renewable Portfolio
TOTAL S A TO TOT an integrated oil gas company announced a buying of interest by its venture capital unit Total Energy Ventures TEV in United Wind United Wind is in the business of leasing small wind turbines 10 to 100 kW to rural businesses and homes in the United States The power generated by the w...
PCG
PG E reports another outage on morning when California fire started
NEW YORK Reuters California utility PG E Corp N PCG facing investor concerns over its possible role in the deadly Camp Fire in Northern California has reported another power line outage that it experienced on the morning of Nov 8 when the blaze started The incident report which was filed on Friday with the s...
PCG
Californians left homeless by wildfire brace for heavy rain
By Jonathan Allen Reuters Heavy rains were due to create new problems for residents of Northern California late on Tuesday raising the risk of mudslides in an area where people left homeless by the state s deadliest wildfire remain huddled in parking lot encampments State and federal officials warned people to be...
PCG
PG E PCG Expected To Beat Earnings Estimates Can The Stock Move Higher
PG E PCG is expected to deliver a year over year decline in earnings on higher revenues when it reports results for the quarter ended December 2018 This widely known consensus outlook gives a good sense of the company s earnings picture but how the actual results compare to these estimates is a powerful factor that...
PCG
PG E Corporation PCG Q4 Earnings Beat Revenues Decline
PG E Corporation NYSE PCG a diversified utility holding company engages in the business of electricity and natural gas distribution electricity generation procurement and transmission and natural gas procurement transportation and storage Stable financial position steady growth in customer counts a well se...
XOM
Obama administration bars new oil exploration in Arctic waters
By Timothy Gardner WASHINGTON Reuters The Obama administration on Friday blocked new exploration for oil and gas in Arctic waters in a win for environmental groups that had fought development of the ecologically fragile region The Department of the Interior released a 2017 to 2022 leasing plan that blocked drilli...
XOM
Texas judge orders Massachusetts AG deposition in Exxon climate lawsuit
A U S federal judge in Dallas today ordered the Massachusetts attorney general to appear for a deposition in ExxonMobil s NYSE XOM lawsuit over the state s investigation into the company s climate change records New York s attorney general who is running a parallel investigation into XOM was added to the company ...
XOM
Five years after the boom battle rages over mining wages in Australia
By Jonathan Barrett and Aaron Bunch SYDNEY PERTH Reuters Coal prices may be recovering but there are no celebrations in the mining town of Collie Western Australia where workers are fighting Indian conglomerate Lanco Infratech NS LAIN over plans to slash their wages almost in half The move to cut pay at La...
XOM
More company climate votes ahead as Trump may loosen energy rules
By Ross Kerber BOSTON Reuters Activist shareholders plan a record number of resolutions focused on climate change at U S company annual meetings in 2017 even as President elect Donald Trump looks set to loosen environmental regulations Based on filings so far U S companies are on track to face roughly 200 reso...
XOM
Exclusive Foreign firms hit by tax demands rethink Tanzanian expansion
By Katharine Houreld DAR ES SALAAM Reuters Some of Tanzania s biggest foreign investors say they could scale back their operations or expansion plans because of tougher demands placed on companies including higher tax bills as part of the president s drive to overhaul the economy At least six companies are rethi...
CSCO
What s In The Cards For Five9 FIVN This Earnings Season
Five9 Inc NASDAQ FIVN is set to report third quarter 2016 results on Nov 1 Last quarter the company posted a loss of 7 cents per share which was narrower than the Zacks Consensus Estimate of a loss of 11 cents Moreover the company has outperformed the Zacks Consensus Estimate in all of the four trailing quart...
XOM
Norway Oil Workers Enters Into Wage Deal Averts Strike
Norwegian Oil and Gas Association NOG reported that its members comprising employers have entered into a new wage deal with oil well service workers ending the ongoing impasse With the tussle over wages the industry was risking a strike right when crude prices have started showing a recovery Wage Deal Saves Norweg...
XOM
Exxon Qatar Petroleum Looking For Assets In Mozambique
ExxonMobil Corporation NYSE XOM and Qatar Petroleum have joined forces to search for energy assets in Mozambique per sources familiar with the matter Mozambique houses some of the biggest natural gas discoveries in a generation The area includes Area 1 discovery made by Anadarko Petroleum Corporation NYSE APC ...
PCG
PG E options traders bet stock not out of the woods yet
By Saqib Iqbal Ahmed NEW YORK Reuters The wild swings in the shares of PG E Corp N PCG over the past week have drawn a rush of trading in the electricity provider s options contracts and traders are betting the stock is going to remain prone to wild gyrations in the near term Shares of the electricity provider i...
PCG
PG E PCG Expected To Beat Earnings Estimates What To Know Ahead Of Q4 Release
Wall Street expects a year over year decline in earnings on higher revenues when PG E PCG reports results for the quarter ended December 2018 While this widely known consensus outlook is important in gauging the company s earnings picture a powerful factor that could impact its near term stock price is how the actu...
PCG
PG E PCG Outpaces Stock Market Gains What You Should Know
PG E PCG closed the most recent trading day at 13 08 moving 0 62 from the previous trading session This move outpaced the S P 500 s daily gain of 0 09 Elsewhere the Dow gained 0 26 while the tech heavy Nasdaq lost 0 25 Coming into today shares of the utility holding company had lost 45 72 in the past mo...
PCG
Why PG E PCG Could Beat Earnings Estimates Again
Have you been searching for a stock that might be well positioned to maintain its earnings beat streak in its upcoming report It is worth considering PG E PCG which belongs to the Zacks Utility Electric Power industry When looking at the last two reports this utility holding company has recorded a strong streak...
PCG
PG E PCG Stock Sinks As Market Gains What You Should Know
PG E PCG closed at 15 23 in the latest trading session marking a 1 3 move from the prior day This change lagged the S P 500 s 0 3 gain on the day Meanwhile the Dow gained 0 46 and the Nasdaq a tech heavy index added 0 08 Heading into today shares of the utility holding company had gained 123 3 over th...
XOM
Exxon plans 65 capacity expansion at Beaumont plastics plant
Exxon Mobil XOM 0 7 says it plans to add a new production unit at its Beaumont Tex polyethylene plant that will increase capacity by 65 to 1 65M metric tons year to meet growing demand for high performance plastics XOM says the Beaumont project builds on supply advantages created by the expansion of its Mon...
XOM
Kashagan oil field produces 1 7M barrels in first full month of operation
Kazakhstan s Kashagan oil field produced 201K tons of oil or nearly 1 7M barrels in October its first full month of operation finally showing some results after multi year delays and 55B spent in development The October output figure is the equivalent of 52 6K bbl day while Kazakh officials have said that in ord...
XOM
Bloomberg Exxon in talks with Chad over 74B fine in royalty dispute
ExxonMobil XOM 1 9 is negotiating with Chad s government about a 74B fine the company was told to pay last month by a court in the country because of a dispute over royalties Bloomberg reports The court which also ordered payment of 819M in overdue royalties imposed the fine in response to a complaint from C...
XOM
Exxon in negotiations with Chad over record 74 billion fine Bloomberg
Reuters Exxon Mobil Corp N XOM is negotiating with Chad over a record 74 billion fine the U S oil company was told to pay by a court in the central African nation over unpaid royalties Bloomberg reported on Tuesday Exxon has appealed the Oct 5 court ruling but the appeals court hearing has been delayed be...
XOM
Dutch court gets 25 appeals against Groningen gas production cap
The top Netherlands administrative court says it has received 25 appeals against the government s decision to cap production at the Groningen gas field to 24B cm year from groups who sought a steeper reduction to prevent earthquakes which have damaged thousands of structures in the Dutch province The Groningen field a...
XOM
Iraq s oil contracts make joining OPEC output cut more painful
By Ahmad Ghaddar and Ahmed Rasheed LONDON BAGHDAD Reuters Iraq would have to compensate international oil companies for limits placed on their production according to industry sources and documents seen by Reuters further reducing the prospect it will join any OPEC deal to curb the group s output The compensatio...
CSCO
Ericsson s ERIC Q3 Earnings In The Red Shares Tumble
Telefonaktiebolaget LM Ericsson ST ERICAs publ NASDAQ ERIC more than delivered on its profit warning last week for its third quarter 2016 results as it reported its first loss in nearly four years Its diluted loss came in at SEK 7 1 penny in the quarter compared with earnings of SEK 94 in the prior year pe...