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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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September 26, 2014
06:51 EDTEIXEdison International management to meet with Deutsche Bank
Meeting to be held in Boston on September 26 hosted by Deutsche Bank.
September 24, 2014
11:14 EDTEIXEdison International unit signs amended settlement agreement
Edison International's subsidiary, Southern California Edison, San Diego Gas & Electric, The Utility Reform Network, the California Public Utilities Commission Office of Ratepayer Advocates, Friends of the Earth and the Coalition of California Utility Employees signed an amended Settlement Agreement in the San Onofre Nuclear Generating Station Units 2 and 3 Order Instituting Investigation proceeding. The Amended Settlement Agreement reflects changes requested by the Assigned Commissioner and Administrative Judges’ Ruling that was issued on September 5. The changes adjust the customer/ratepayer portion of third party recoveries, address increased emissions, and increase oversight of revised rate calculations by the CPUC, among other matters. Provisions were added to the Amended Settlement Agreement regarding the funding of a Research, Development and Demonstration program at the University of California that is intended to develop technologies and methodologies to reduce greenhouse gas emissions, particularly at existing and future California power generating plants that will be replacing the power generated by the San Onofre plant that would total approximately $4M per year for five years for SCE's share.
September 22, 2014
06:17 EDTEIXEdison unit, others file joint response to ACR ruling
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