Company Overview and News

 
3 US employees drag TCS to court over alleged employee discrimination

17h moneycontrol
Tata Consultancy Services (TCS) has landed in trouble in the US over its hiring practices as 3 employees from two different companies have initiated legal action, alleging racial discrimination, according to a filing on PacerMonitor.
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California utility proposes wildfire safety measures

2018-09-10 nzherald.co.nz
A California utility is vowing to replace 3,400 miles of overhead power lines with insulated wire to reduce the risk of them sparking when hit by tree limbs or other objects.
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California approves measure to pass on wildfire costs

2018-09-01 nzherald.co.nz
SACRAMENTO, Calif. (AP) — The California Legislature voted Friday to allow power companies to raise electric bills to cover the cost of lawsuits from last year's deadly wildfires amid fears that Pacific Gas & Electric Co., would otherwise face financial ruin.
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Strong Investment Plan Aids Edison International's Growth

2018-08-27 zacks
We recently updated research report on Edison International (EIX - Free Report) , the parent holding company of Southern California Edison (SCE) primarily engaged in the business of supplying electricity to southern California. The company enjoys a strong portfolio of regulated utility assets and well-managed merchant energy operations, which present a lower risk profile than its utility-only peers.
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Edison International (EIX) Down 0.9% Since Last Earnings Report: Can It Rebound?

2018-08-27 zacks
A month has gone by since the last earnings report for Edison International (EIX - Free Report) . Shares have lost about 0.9% in that time frame, underperforming the S&P 500.
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Fixed-To-Floating Preferred Arbitrage: Edison International

2018-08-10 seekingalpha - 2
Instead of trying to determine the right direction, we found a way to participate utilizing arbitrage.
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As Economics Improve, Solar Shines in Rural America - IEEE Spectrum

2018-07-29 spectrum.ieee.org - 2
A five-year effort by electric cooperatives to expand the use of solar energy in rural parts of the United States is coming to a successful conclusion.
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Edison International (EIX) Beats on Q2 Earnings, Lags Sales

2018-07-27 zacks
Edison International (EIX - Free Report) reported second-quarter 2018 earnings per share (EPS) of 84 cents from continuing operations, beating the Zacks Consensus Estimate of 82 cents by 2.4%. The bottom line declined by a penny from the year-ago quarter’s tally. Total Revenues Edison International's second-quarter 2018 revenues were $2,815 million, missing the Zacks Consensus Estimate of $2,955 million by 4.
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California Wildfires Were Terrible Last Year. Will This Year Be Worse? - Bloomberg

2018-07-13 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.
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Business News Roundup, July 13

2018-07-12 sfgate
If Pacific Gas and Electric Co. decides to switch off power lines in your neighborhood to prevent a wildfire, the company has to notify you first. If that’s at all possible.
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California slashes emissions, hits major greenhouse gas goal years early - SFChronicle.com

2018-07-12 sfchronicle
In a major win for California’s fight against global warming, the state appears to have hit its first target for cutting greenhouse gases — and it reached the goal early.
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Edison (EIX) to Expand Charge Ready, Seeks CPUC's Approval

2018-06-27 zacks
Edison International’s (EIX - Free Report) unit, Southern California Edison (“SCE”), appealed to the California Public Utilities Commission ("CPUC") for the expansion of Charge Ready 2. It is a program that will expand the installation of electric vehicle (“EV”) charging infrastructure in California. This $760-million, four-year program will allow the company to install 48,000 charging ports. Recently, SCE installed the 1000th EV charging point to increase the availability of in transportation.
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Edison Wants to Spend $760 Million on EV Charging in California - Bloomberg

2018-06-27 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.
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Why PG&E Isn't Getting Much California Love

2018-06-02 seekingalpha - 1
A bill backed by PG&E that would require utility ratepayers to absorb fire-related liability costs in some cases is running into opposition.
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California’s biggest-ever wildfire declared extinguished

2018-06-01 newsinfo.inquirer.net
GOLETA, Calif. — Officials declared the largest wildfire in recorded California history officially extinguished Friday, nearly six months after it ignited and later burned hillsides that washed away in deadly mudslides northwest of Los Angeles.
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