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Edison International Stock Sinks
Edison International Stock Sinks as Los Angeles Wildfires Cause Power Shutoffs
Key Takeaways Shares of Edison International plunged Wednesday as its Southern California Edison subsidiary was forced to shut off power to thousands of customers because of the Los Angeles-area wildfires.
Shares of California utility Edison International drop more than 10% as wildfires rage
Fear and uncertainty surrounding the wildfires in California appear to be weighing on shares of Edison International, whose Southern California Edison is the power utility for the areas directly surrounding the city of Los Angeles.
Los Angeles wildfires cause 10% drop in Edison stock, impacting 401(k) participants with company shares
The onslaught of wildfires in Los Angeles and surrounding southern California communities has caused a dramatic drop in the stock of Edison International, the utility that serves much of the affected area, affecting the utility’s 401 (k) plan investors who hold company stock.
California wildfires send power company Edison International’s stock falling
The company will likely face questions over whether any of its power lines may have contributed to the fires. No officials have made any statements on this issue.
Edison International’s Stocks, Bonds Fall Amid LA Wildfire
Edison International’s shares and bonds fell on Wednesday as a wildfire raged across the Los Angeles region, close to areas served by the company’s utility unit.
Californian utility SoCal Edison shuts power to over 114,000 customers due to wildfire risk
Southern California Edison, a subsidiary of U.S. utility Edison International that operates in California, has cut power to more than 110,000 customers to prevent damage to distribution lines from the wildfire,
Southern California wildfires prompt safety power shutoffs
Power companies in Southern California, including Edison International, are responding to the critical wildfire threat in the region. Safety power shutoffs have been conducted in wake of the fires.
Los Angeles, Southern California
What to know about Southern California's high wind warning and Los Angeles fire risks
High winds that weather officials have called "life-threatening and destructive" are hitting Southern California Tuesday, sparking a major brush fire in Pacific Palisades and prompting thousands of power outages.
LIVE
At least 10 confirmed dead in Los Angeles wildfires
Wildfires in Los Angeles have killed at least 10 people, as forecasters warn more high winds may fan the flames further. Los Angeles County Sheriff Robert Luna says it hasn't been
California fires live updates: 5 dead in LA fires as crews work to control new blaze
At least five people are dead and many more injured as several fires broke out across Southern California amid historically dry and windy conditions.
2h
California wildfires rage in LA County, killing at least 10 and destroying thousands of homes
Multiple wildfires, including the Palisades Fire and Eaton Fire, are raging across Southern California Thursday, leaving at ...
7h
Edison denies LA wildfire involvement as insurers ask it to preserve evidence
Southern California Edison said on Thursday it had received notices from insurance companies to preserve evidence related to ...
46m
on MSN
Power equipment draws scrutiny in Los Angeles fires
Hundreds of homes in the Altadena area still had power when a fire erupted there, according to a grid-monitoring company and ...
Las Vegas Sun
8h
Clark County, state officials working to prevent local fuel impact from Los Angeles fires
State and Clark County officials say they are working with regional partners to mitigate any shortage of fuel that could ...
17h
on MSN
Los Angeles wildfires leave hundreds of thousands without power
An outage map provided by the Los Angeles Department of Water and Power (LADWP) showed just how widespread the outages ...
9m
What ignited the deadly California wildfires? Investigators consider an array of possibilities
Investigators are considering an array of possible ignition sources for the huge fires that have killed at least 10 people ...
1d
on MSN
Wildfires Are Making Investors Nervous About Los Angeles Area Utility Again
Southern California’s Edison International owes its survival to luck, at least in part.
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