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Edison International Stock Sinks
Around 278,150 houses without power in SoCal Edison service area from wildfires
Around 278,150 Californian homes and businesses were without electricity on Friday morning in Southern California Edison's service area, as multiple wildfires continued to rage uncontrollably around Los Angeles.
Edison International Stock Sinks as Los Angeles Wildfires Cause Power Shutoffs
Key Takeaways Shares of Edison International plunged Wednesday as its Southern California Edison subsidiary was forced to shut off power to thousands of customers because of the Los Angeles-area wildfires.
Los Angeles wildfires cause 10% drop in Edison stock, impacting 401(k) participants with company shares
The onslaught of wildfires in Los Angeles and surrounding southern California communities has caused a dramatic drop in the stock of Edison International, the utility that serves much of the affected area, affecting the utility’s 401 (k) plan investors who hold company stock.
Los Angeles wildfires leave hundreds of thousands without power
An outage map provided by the Los Angeles Department of Water and Power (LADWP) showed just how widespread the outages extended
California wildfires send power company Edison International’s stock falling
The company will likely face questions over whether any of its power lines may have contributed to the fires. No officials have made any statements on this issue.
Shares of California utility Edison International drop more than 10% as wildfires rage
Fear and uncertainty surrounding the wildfires in California appear to be weighing on shares of Edison International, whose Southern California Edison is the power utility for the areas directly surrounding the city of Los Angeles.
Southern California Edison asked to preserve evidence related to LA wildfires
The Eaton Fire began in Southern California Edison’s service area on Tuesday afternoon, according to a statement from parent company Edison International.
Edison International Stock Resumes Drop Pre-Market Amid California Wildfire Concerns: Retail Sentiment Hits Year Low
Edison International Inc. (EIX) stock fell nearly 3% in pre-market trading on Friday as wildfires continued to spread in the Los Angeles area, raising concerns about potential liability for the utility company.
Edison International stock plummets as wildfires leave 70,000 Southern Californians without power
Edison International stock fell 13% Wednesday after the company shut off power to tens of thousands of customers in Southern California as wildfires blazed through the region.
Edison denies LA wildfire involvement
Edison denies LA wildfire involvement as insurers ask it to preserve evidence
Southern California Edison (SCE) said it had received notices from insurance companies to preserve evidence related to the Eaton Fire that is still burning in Los Angeles, but said no fire agencies have pointed the utility's connection to the fire.
California Insurers Ask to Preserve Evidence of Wildfires
Utility giant Southern California Edison received "evidence preservation notices" from attorneys representing insurers.
Insurance Firms Ask Edison to Preserve Evidence for LA Wildfire
Edison International’s Southern California power utility has been asked by attorneys representing insurance companies to preserve evidence in connection with the deadly Eaton Fire in Los Angeles.
Fires devastating Los Angeles grow more slowly
What to know about Southern California's high wind warning and Los Angeles fire risks
High winds that weather officials have called "life-threatening and destructive" are hitting Southern California Tuesday, sparking a major brush fire in Pacific Palisades and prompting thousands of power outages.
Firefighters battle devastating Los Angeles wildfires as winds calm somewhat
Ferocious winds that drove the flames and led to chaotic evacuations have calmed somewhat and were not expected to be as powerful during the day. That could provide an opportunity for firefighters to make progress reining in blazes that have hopscotched across the sprawling region,
Fires devastating Los Angeles grow more slowly as fierce winds die down
The fires devastating the Los Angeles area grew slightly Friday as firefighters began to gain some control of blazes that have killed at least 10 people and obliterated neighborhoods.
2h
'Tragedy of Unspeakable Proportions:' Could Edison, DWP, Face Lawsuits Over LA Wildfires?
Lawyers are already getting calls from prospective clients and eyeing potential defendants in lawsuits that could come out of ...
4h
Los Angeles Utilities’ Decisions to Keep Power On Are Scrutinized
Energy experts said that the decision by utility companies serving the Los Angeles area not to turn off many power lines ...
1d
5 Dead, Nearly 180,000 Evacuated In Los Angeles Wildfires: California Utilities Face Scrutiny
California utility companies could come under pressure from regulators and investors after devastating Los Angeles wildfires ...
18h
Los Angeles wildfires devour thousands of homes, death toll rises to 10
Wildfires menacing Los Angeles have killed at least 10 people and devoured nearly 10,000 structures, with five fires burning ...
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