California regulators said to signal no bankruptcy interest in PG&E
17 Nov 2018 |
9:05 pm |
California utility company PG&E soared in late trading after Bank of America said fees about the company's link to wildfires are overdone and default worries are overstated. Moody's though, has cut PG&E to BAA3 and says the stock may be downgraded to junk.