Southern California Edison, a unit of utility Edison International , said on Monday preliminary analysis of data showed a "momentary and expected increase in current" on its energized lines in the Eaton Canyon corridor on Jan.
A new lawsuit filed by a Southern California resident is claiming that a surveillance video shows what potentially started the deadly Eaton Fire.
As of late last week, investigations were under way into whether equipment owned and operated by Southern California Edison, the utility subsidiary of
Edison International (NYSE:EIX) stock has reached a 52-week low, touching down at $55.25, marking a dramatic 38% decline from its 52-week high of $88.77. According to InvestingPro analysis, the stock's RSI indicates oversold territory,
Valued at $22.8 billion by market cap, Edison International (EIX) is a leading energy company serving millions of customers across Southern California. Headquartered in Rosemead, California, the company,
NEW YORK, NY / ACCESS Newswire / January 30, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Edison
Edison International Inc.’s southern California utility was sued over the death of a woman whose home burned in one of the catastrophic Los Angeles fires, in a case brought by a prominent civil rights lawyer on behalf of a historically Black community.
Shares of Edison International's ( EIX, Financials) subsidiary, Southern California Edison Company, fell by 1.9% on Monday to $57.74 at 1:14 p.m. GMT-5 following the company's detailed report to the California Public Utilities Commission regarding the Eaton Fire that erupted near Eaton Canyon in Altadena on Jan. 7.
The effect of the California wildfires will continue to play out across the debt markets long after the last of the flames are extinguished.
This was the stock's fourth consecutive day of losses.
NEW YORK, NY / ACCESS Newswire / January 30, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Edison