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$PCG, which competes with $EIX and $SRE, said it continues to assume equity issuance of $600-800MM in 2016. During 1Q16, the company issued about $150MM in equity. The charge for the Butte Fire results in roughly $100MM in new equity needs this year, which puts the company towards the high end of its equity issuance range.
I haven’t seen a drop in banks like this in a long time. Looks like $WFC is still facing pressures from its sales practices scandal..!!
Helping President-elect's America first focus, $WMT set to create 10,000 retail jobs in the US in 2017.
Looks like Trump has his eyes on the $MON and Bayer merger next. He had a meeting with the CEOs and apparently got job promises from them.
$FHN shares have dropped after its earnings missed analysts’ expectations. I’m worried whether the stock will slide further.