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Stock Market & Financial Investment News

News Breaks
April 22, 2014
07:49 EDTPCGPG&E pleads 'not guilty' to all counts in San Bruno case, WSJ says
PG&E, which is facing 12 felony charges related to a fatal gas pipeline explosion in San Bruno, Calif., in 2010 that could result in $3.5M in statutory penalties or higher court-imposed fines, pleaded not guilty to all charges, reported The Wall Street Journal. The company stated after the arraignment: "While we don't believe any employee intentionally violated federal pipeline safety regulations, San Bruno was a tragic accident and we're accountable for that." Reference Link
News For PCG From The Last 14 Days
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July 30, 2015
10:00 EDTPCGOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Altria Group (MO) downgraded to Outperform from Buy at CLSA... Baxter (BAX) downgraded to Market Perform from Outperform at Leerink... Changyou.com (CYOU) downgraded to Hold from Buy at Summit Research... Depomed (DEPO) downgraded to Neutral from Buy at Janney Capital... Euronet (EEFT) downgraded to Neutral from Buy at Monness Crespi... Foundation Medicine (FMI) downgraded to Market Perform at JMP Securities... Garmin (GRMN) downgraded to Underweight from Neutral at JPMorgan... Golden Star Resources (GSS) downgraded to Hold at Canaccord... Grainger (GWW) downgraded on negative catalysts at RBC Capital... Henry Schein (HSIC) downgraded to Hold from Buy at Evercore ISI... LINN Energy (LINE) downgraded to Market Perform from Outperform at Raymond James... LifeLock (LOCK) downgraded to Neutral from Buy at BofA/Merrill... LinnCo (LNCO) downgraded to Market Perform from Outperform at Raymond James... Manitowoc (MTW) downgraded to Hold from Buy at BB&T... PACCAR (PCAR) downgraded to Equal Weight on peak cycle concerns at Morgan Stanley... PG&E (PCG) downgraded to Neutral from Outperform at Credit Suisse... Pacer (PACR) downgraded to Equal Weight from Overweight at Morgan Stanley... Penn Virginia (PVA) downgraded to Sector Perform from Outperform at Scotia... Shutterfly (SFLY) downgraded to Market Perform at Raymond James... Terex (TEX) downgraded to Hold from Buy at BB&T... Total System (TSS) downgraded to Neutral at Baird... Whiting Petroleum (WLL) downgraded to Equal Weight from Overweight at Stephens... Whole Foods (WFM) downgraded to Equal Weight from Overweight at Morgan Stanley.
06:49 EDTPCGPG&E downgraded to Neutral from Outperform at Credit Suisse
Credit Suisse downgraded PG&E to Neutral and lowered its price target to $58 from $61. The firm downgraded shares based on valuation and said the busy regulatory calendar and management's focus on repositioning will push out discussions on dividend policy and longer-term growth rates to some point in 2016.
July 29, 2015
08:45 EDTPCGPG&E lowers FY15 operating EPS view to $2.90-$3.10, consensus $3.43
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08:43 EDTPCGPG&E reports Q2 operating EPS 91c, consensus 72c
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