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Stock Market & Financial Investment News

News Breaks
August 14, 2014
14:46 EDTPCGCPUC authorizes $460M revenue increase for PG&E
The California Public Utilities Commission, or CPUC, set the revenue amount needed for Pacific Gas and Electric Company to provide safe and reliable electric and natural gas service for 2014-2016, cutting the amount requested by $700M. PG&E requested a 17.5% increase, or $1.16B, over the currently approved revenue requirement for 2014-2016. The CPUC reduced PG&Es revenue increase request by $700M, authorizing an increase of $460M, which is an increase of 6.9% over the currently authorized revenue requirement. The decision approved attrition increases of 4.57% for 2015 and 5% for 2016. PG&E requested attrition increases of 5.9% for 2015 and 6.1% for 2016, CPUC noted.
News For PCG From The Last 14 Days
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December 17, 2014
10:09 EDTPCGHigh option volume stocks
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10:02 EDTPCGOn The Fly: Analyst Downgrade Summary
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06:34 EDTPCGPG&E downgraded to Hold from Buy at Deutsche Bank
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December 15, 2014
10:00 EDTPCGOn The Fly: Analyst Upgrade Summary
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07:06 EDTPCGPG&E upgraded to Overweight from Neutral at JPMorgan
JPMorgan upgraded PG&E to Overweight citing a favorable risk/reward with the San Bruno investigation nearing a conclusion. The firm raised its price target for shares to $57 from $50.
06:25 EDTPCGPG&E upgraded to Overweight from Neutral at JPMorgan
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December 11, 2014
08:09 EDTPCGDetroit Economic Club to host a luncheon meeting
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