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Michael Lapides of Goldman Sachs asks about the latest process or procedure-wise at the CPUC when it comes to the request for rehearing on the SONGS decisions. $EIX EVP Adam Umanoff said that there is no additional news to be shared. The challenges to the SONGS' OII settlement remain pending at the CPUC and the company is awaiting a decision.
Well this is big! I don’t know if it’s someone’s monopoly or genuine excitement, but either way, $CSX is up 23% after market closed. I heard some activist investor is going to blow big money into CSX Corp. Anyone mind explaining?
After so much controversy and family issues in $VIAB over the recent months, Paramount brings in some good news. News is that they signed a $1 billion deal with Shanghai Film Group and Huahua Media. The material impact to Viacom however is still uncertain.
Looks like Uber will be paying $20 million to settle a US Federal Trade Commission lawsuit. FTC accused Uber of false and misleading claims about driver pay and stuff. Uber however neither denied nor admitted and will just be paying the $20 million.