Barclays (LON:BARC) analyst Nicholas Campanella revised the price target for Edison International (NYSE:EIX) shares, reducing it to $67.00 from the previous $76.00, while maintaining an Overweight rating on the company's stock.
Two lawsuits, filed on Monday in Los Angeles Superior Court, allege Edison's failure to maintain vegetation and de-energize transmission poles caused the Eaton fire in Los Angeles.
Hueston Hennigan partners Douglas Dixon, in Newport Beach, and Brittani Jackson, in Los Angeles, appeared at a Tuesday hearing for Southern California Edison.
Southern California Edison, a unit of utility Edison International, was hit on Monday with multiple lawsuits claiming its electrical equipment started one of the major wildfires raging in the Los Angeles area,
A downed power line may have caused the Hurst Fire in Los Angeles, officials say. The damaged line was found in the area around the time when the blaze is believed to have started, about 10:10 p.m. Tuesday, according to Edison International in a press release.
The L.A.-area fires may pose the first big test of California’s wildfire fund, which was set up in 2019 to protect utilities from bankruptcy.
Southern California Edison announced that its grid experienced a "short circuit" just after 10 p.m. on Tuesday night - which is when the Hurst Fire began
Southern California Edison, the electrical utility for Los Angeles, has been sued for its alleged role in starting one of the raging Los Angeles fires that have collectively killed at least 24 people and displaced tens of thousands of people from their homes.
NEW YORK, NY / ACCESS Newswire / January 23, 2025 / WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation on behalf of shareholders of Edison International (NYSE:EIX) resulting from allegations that Edison may have issued materially misleading business information to the investing public.
NEW YORK, NY / ACCESS Newswire / January 23, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Edison
Southern California’s catastrophic fires have rocked the stock of Edison International ... more than 1,600 homes and businesses in Los Angeles and Ventura counties. At least three died in ...
Dozens of people are believed to have died in the Palisades and Eaton fires, which have burned down whole swaths of communities