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Stock Market & Financial Investment News

News Breaks
May 1, 2014
05:07 EDTEIXSCE crews continue to restore power to areas impacted by wind
Southern California Edison, or SCE, an Edison International company, announced that crews are continuing to work quickly and safely to restore service to areas hit hard by high wind conditions, however, it reminds customers that some may experience service interruptions into the late evening and morning hours. As always, SCE reminds customers to never approach or touch downed power lines. Numerous communities across the Southland have been impacted by the high wind conditions, which have resulted in a number of outages. As of 5 p.m. today, 18,628 customers in the counties of Los Angeles, Orange, Riverside and San Bernardino are experiencing service interruptions due to wind. Riverside County is the hardest hit region with about 10,969 customers without power. SCE personnel, which include restoration and repair crews, are responding to outages as they are reported. The company is taking steps to ensure that crews are available to respond to outages by moving additional personnel into the affected areas.
News For EIX From The Last 14 Days
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July 25, 2014
10:02 EDTEIXOn The Fly: Analyst Upgrade Summary
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07:23 EDTEIXEdison International upgraded to Buy from Hold at Argus
Argus upgraded Edison International to Buy based on valuation, strong cash flow, the retirement of the San Onofre nuclear plan and is positive that the loss-ridden Edison Mission Energy business is not longer part of the portfolio. Price target is $65.

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