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PCG PR H - Pacific Gas And Electric Co News Story

$22.31 0.0  0.0%

Sector
Utilities
Size
Large Cap
Market Cap £4.22bn
Enterprise Value £30.19bn
Revenue £13.51bn
Position in Universe th / 6854

BRIEF-Pacific Gas And Electric Says PG&E & Co To Record Estimated Pre-Tax Charge Of $2.5 Bln For Quarter Ending June 30

Thu 21st June, 2018 11:55am
June 21 (Reuters) - PG&E Corp  PCG.N :
    * PACIFIC GAS AND ELECTRIC-PG&E CORP & CO TO RECORD
ESTIMATED
PRE-TAX CHARGE OF $2.5 BILLION FOR QUARTER ENDING JUNE 30
RELATED TO NORTHERN CALIFORNIA WILDFIRES
    * PACIFIC GAS AND ELECTRIC-PG&E CORP,CO TO RECORD $375
MILLION FOR
PROBABLE INSURANCE RECOVERIES RELATED TO NORTHERN CALIFORNIA
WILDFIRES FOR QUARTER ENDING JUNE 30
    * PACIFIC GAS AND ELECTRIC- AS OF JUNE 18, RECEIVED ABOUT
200
COMPLAINTS ON BEHALF OF AT LEAST 2,700 PLAINTIFFS RELATED TO
NORTHERN CALIFORNIA WILDFIRES

Source text for Eikon: (https://bit.ly/2MHtjoC)
Further company coverage:  PCG.N 

 ((Reuters.Briefs@thomsonreuters.com;))
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