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PG&E reaches $100 million shareholder settlement over 2017, 2018 California wildfires
Yahoo Finance· 2026-01-12 15:17
PG&E denied wrongdoing in agreeing to settle, court papers show. It had no immediate comment on Monday. The litigation was delayed after PG&E filed for bankruptcy protection in January 2019. PG&E reached a $13.5 billion settlement with victims of many wildfires the following December, and emerged from Chapter 11 protection from creditors in June 2020. (Reporting by Jonathan Stempel in New York; Editing by Chizu Nomiyama ) Jan 12 (Reuters) - The parent of Pacific Gas and Electric reached a $100 million settl ...
US futures slip while world shares are mixed as Fed chair Powell faces legal threat
Yahoo Finance· 2026-01-12 03:47
BANGKOK (AP) — U.S. futures sank Monday after Federal Reserve Chair Jerome Powell said the Department of Justice had served the central bank with subpoenas. Markets in Europe were mostly lower after a broad rally in Asia. The threat of a criminal indictment over Powell’s testimony about the Fed’s building renovations is the latest escalation in President Donald Trump’s feud with the Fed. Trump has criticized the $2.5 billion renovation of two office buildings as excessive. Markets appeared to take the ...
Why Vistra Stock Surged Today
The Motley Fool· 2026-01-10 01:33
Core Viewpoint - The partnership between Vistra and Meta Platforms highlights the integration of artificial intelligence and nuclear power, with Vistra's shares rising significantly following the announcement of long-term power purchase agreements (PPAs) [1][2]. Group 1: Company Developments - Vistra has entered into 20-year PPAs to supply over 2,600 megawatts (MW) of zero-carbon energy from its nuclear plants to Meta, supporting the latter's AI expansion [2]. - The energy supply includes 2,176 MW from Vistra's Perry and Davis-Besse plants in Ohio, along with 433 MW from planned upgrades at these facilities and the Beaver Valley plant in Pennsylvania [3]. - Vistra plans to pursue license extensions for all three nuclear plants, potentially extending their operational life by another two decades, as they were previously scheduled for retirement before Vistra's acquisition in 2023 [3]. Group 2: Market Impact - Following the announcement, Vistra's stock price increased by over 10%, reaching $15.77, with a market capitalization of $51 billion [4][5]. - Meta's power purchases are set to begin in late 2026, with Vistra aiming to bring additional capacity online through 2034, indicating a long-term commitment to clean energy for AI operations [5].
FirstEnergy Foundation Marks 10 Years of Support for Fill a Glass with Hope®
Prnewswire· 2026-01-09 20:51
$25,000 grant to provide 200,000 servings of fresh milk to Pennsylvania families in need HARRISBURG, Pa., Jan. 9, 2026 /PRNewswire/ -- Marking a decade of support for Feeding Pennsylvania's Fill a Glass with Hope® program, the FirstEnergy Foundation today awarded a $25,000 grant during the initiative's 2026 kickoff at the Pennsylvania Farm Show in Harrisburg. This contribution brings the Foundation's total investment in the program to $250,000 since 2016 and demonstrates its commitment to strengthening comm ...
10 Best International Value Stocks to Buy Now
Benzinga· 2026-01-09 20:23
Every new year brings the same ritual. Investors clean the slate, dust off their watchlists, and go hunting for what the market has mispriced. Most never make it past U.S. large caps. That is a mistake.If you want genuine value, the kind that gives you both margin of safety and upside torque, you have to widen the lens. That is where the Benzinga Value Ranking becomes a powerful tool, especially when you take it global.Here are the ten best international value stocks to buy now.The Benzinga Value Ranking is ...
A Look Into Exelon Inc's Price Over Earnings - Exelon (NASDAQ:EXC)
Benzinga· 2026-01-09 20:00
Looking into the current session, Exelon Inc. (NASDAQ:EXC) shares are trading at $43.34, after a 0.24% decrease. Over the past month, the stock decreased by 0.52%, but over the past year, it actually went up by 15.40%. With questionable short-term performance like this, and great long-term performance, long-term shareholders might want to start looking into the company's price-to-earnings ratio. Evaluating Exelon P/E in Comparison to Its PeersThe P/E ratio measures the current share price to the company's E ...
S&P 500, Russell 2000 Soar To Record Highs, Silver Jumps To $80: What's Moving Markets Friday?
Benzinga· 2026-01-09 18:49
Wall Street found firm footing to close the week as solid but unspectacular jobs data eased fears of a sharp labor market slowdown while keeping Federal Reserve rate-cut expectations intact. • Vistra shares are powering higher. Why is VST stock surging?Both the S&P 500 and the Russell 2000 climbed to fresh record highs, signaling a rally that has broadened across both large-cap and small-cap stocks. By midday trading in New York, the index of the 500 largest U.S. corporations broke above 6,970 points, up 0. ...
All You Need to Know About Edison International (EIX) Rating Upgrade to Strong Buy
ZACKS· 2026-01-08 18:00
Edison International (EIX) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Th ...
PUCO Approves FirstEnergy Settlement, Delivering Customer Benefits
Prnewswire· 2026-01-08 17:37
rd Forward-Looking Statements: This news release includes forward-looking statements based on information currently available to management and unless the context requires otherwise, references to "we," "us," "our" and "FirstEnergy" refers to FirstEnergy Corp. and its subsidiaries. Such statements are subject to certain risks and uncertainties and readers are cautioned not to place undue reliance on these forward-looking statements. These statements include declarations regarding management's intents, belie ...
If You Own AES Stock, Take a Look at This Instead
Yahoo Finance· 2026-01-08 16:29
Key Points AES is a utility company that provides energy solutions for residential customers and hyperscalers. While Applied Digital has fewer gigawatts, it also produces artificial intelligence (AI) data centers, which is a critical difference. Applied Digital strengthened its balance sheet by raising funds that will be used to complete AI data center projects, opening the doors to more lucrative deals in the future. 10 stocks we like better than Applied Digital › AES Corp. (NYSE: AES) is a U.S. ...