California regulators said to signal no bankruptcy interest in PG&E
17 November 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.
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