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Edison International stock fell nearly 13% Wednesday after the company shut off power to tens of thousands of customers in Southern California as wildfires blazed through the region.
Shares of Edison International closed up 5% at $61.30 on Wednesday after plunging 23% this month, making it one of the worst performers on the Standard & Poor's 500.
On March 11, 2020, the company filed for bankruptcy, and announced it would close all 115 stores. At the time of the announcement, Modell's was the world's oldest sporting goods chain Olympia Sports – the company was founded in 1975, and on July 22, 2022, the company filed for bankruptcy and announced it would close all 35 stores by September ...
As Edison stock dropped, so too did PG&E, the utility that serves northern California. PG&E has faced over $30 billion in legal claims for its role in past California wildfires, prompting the ...
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Frances Edelstein (April 18, 1926 – September 24, 2018), born Frima Trost, was a Polish-born American businesswoman, owner (with her husband) of the Cafe Edison in New York City's Theater District from 1980 to 2014.
2 This was the Dow's close at the peak on June 4, 1890. 3 This was the Dow's close at the peak on January 19, 1906. 4 This was the Dow's close at the peak on November 3, 1919. 5 This was the Dow's close at the peak of the 1920s bull market on Tuesday, September 3, 1929, before the stock market crash. This level would not be seen again until ...
The stock price of the utility, which has already fallen since the fire broke out, could plummet. Given the stakes, experts say it's important to give investigators time. "It takes time.