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Stock Market & Financial Investment News

News Breaks
June 2, 2014
17:31 EDTEIXEdison International responds to EPA's proposal to control emissions
The following is a statement from Ted Craver, Chairman and CEO of Edison International, parent company of Southern California Edison, on the Environmental Protection Agency’s proposal to control greenhouse gas emissions: “Southern California Edison is still reviewing the proposed U.S. Environmental Protection Agency rules regarding carbon emissions from existing power plants. We look forward to responding to the EPA request for comments on a wide range of issues embodied in this proposed rule. Significant review is needed to confirm that the basis for future carbon reductions by the states is equitable and achievable. We believe that addressing climate change through greenhouse gas reductions in a balanced and responsible manner is an important public policy goal. California is a national leader in reducing carbon emissions through a market-based system. Southern California Edison has been a leader in implementing the policies and programs of the State of California to reduce GHG emissions through broad-based energy efficiency programs, support of electric vehicle adoption, and commitment to meeting the 33 percent renewable energy standard through solar, wind and other clean energy sources. Actions of this type by one state alone will not reverse the global path of increased GHG emissions, but they can provide leadership through large-scale examples. We support action at the national level to move in a similar direction, with lessons learned from the California experience, and proper regulatory credit given to those who have taken early action.”
News For EIX From The Last 14 Days
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December 12, 2014
07:21 EDTEIXEdison International price target raised to $72 from $62 at BofA/Merrill
BofA/Merrill raised Edison International's price target to $72 following the better-than-expected dividend raise. Shares are Buy rated and on the US 1 List.
December 11, 2014
16:13 EDTEIXEdison International raises common stock dividend 17.6% to 41.75c
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