PG&E’s War With Activist Elliott, Pimco May Be Drawing to Close [Yahoo! Finance News]
Pacific Gas & Electric Co. (PCG)
Last pacific gas & electric co. earnings: 5/1 08:21 am
Check Earnings Report
US:NYSE Investor Relations:
finance.yahoo.com/quote/pg
Company Research
Source: Yahoo! Finance News
) -- The hard-fought battle that has kept the biggest utility bankruptcy in U.S. history dragging on for almost a year may finally be coming to an end. PG&E Corp. is nearing a deal with a group of noteholders led by bond giant Pacific Investment Management Co. and activist investor Elliott Management Corp., who’ve repeatedly sought to derail the company’s $46 billion restructuring plan. The agreement would entitle them to a mix of equity and new debt in the California power giant if they scrap a rival proposal, people familiar with the matter said, asking not to be identified because the information isn’t public. A deal would turn some of PG&E’s most formidable adversaries into backers of its plan to emerge from bankruptcy and bring it one major step closer to getting a proposal approved by a state-imposed deadline of June 30. The San Francisco-based utility has spent months in court battling the creditors who’ve been offering to inject as much as $20 billion in cash into the company
Show less
Read more
Impact Snapshot
Event Time:
PCG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PCG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PCG alerts
High impacting Pacific Gas & Electric Co. news events
Weekly update
A roundup of the hottest topics
PCG
News
- Sonoma Clean Power Celebrates 10 Years of Providing Clean Energy to Sonoma and Mendocino Counties [Yahoo! Finance]Yahoo! Finance
- Anger builds over sweeping change in the way most Californians will pay for electricity [Los Angeles Times (CA)]Los Angeles Times
- Immigration Helps The U.S. Economic Forecast, Says One Data Set [Forbes]Forbes
- Popular Italian restaurant in San Francisco pivoting amid tough economic realities [Yahoo! Finance]Yahoo! Finance
- PG&E in Talks with KKR to Sell Minority Stake in Power Unit [Yahoo! Finance Canada]Yahoo! Finance Canada
PCG
Earnings
- 4/25/24 - Beat
PCG
Sec Filings
- 5/7/24 - Form 4
- 5/1/24 - Form 4
- 4/30/24 - Form 144
- PCG's page on the SEC website