Edition:
United Kingdom

Dan Burns

PG&E bond prices fall, spreads widen on bankruptcy plans

14 Jan 2019

NEW YORK Bonds of PG&E Corp , owner of the biggest U.S. power utility by number of customers, plunged on Monday after the company said it is preparing to file for Chapter 11 bankruptcy protection as it faces liabilities linked to wildfires in California.

PG&E bond prices fall, spreads widen on bankruptcy plans

14 Jan 2019

NEW YORK Bonds of PG&E Corp , owner of the biggest U.S. power utility by number of customers, plunged on Monday after the company said it is preparing to file for Chapter 11 bankruptcy protection as it faces liabilities linked to wildfires in California.

UPDATE 2-PG&E bond prices fall, spreads widen on bankruptcy plans

14 Jan 2019

NEW YORK, Jan 14 Bonds of PG&E Corp, owner of the biggest U.S. power utility by number of customers, plunged on Monday after the company said it is preparing to file for Chapter 11 bankruptcy protection as it faces liabilities linked to wildfires in California.

Factbox: Past Nasdaq bear markets lasted long and cut deep

21 Dec 2018

On Friday, the Nasdaq Composite closed almost 22 percent below its record high daily close on Aug. 29, signalling a nearly nine-and-a-half year bull market run for the index ended in late summer.

Factbox: Past Nasdaq bear markets lasted long and cut deep

21 Dec 2018

On Friday, the Nasdaq Composite closed almost 22 percent below its record high daily close on Aug. 29, signaling a nearly nine-and-a-half year bull market run for the index ended in late summer.

FACTBOX-Past Nasdaq bear markets lasted long and cut deep

21 Dec 2018

On Friday, the Nasdaq Composite closed almost 22 percent below its record high daily close on Aug. 29, signaling a nearly nine-and-a-half year bull market run for the index ended in late summer.

U.S. junk bonds lower again after worst day since 2016

21 Dec 2018

NEW YORK A gauge of high-yield bond performance was trading close to its lowest since early 2016 on Friday, a day after the riskiest U.S. corporate bonds suffered their biggest daily drop in nearly three years and in sync with a broad pullback from stocks and other risky assets.

U.S. junk bonds lower again after worst day since 2016

21 Dec 2018

NEW YORK, Dec 21 A gauge of high-yield bond performance was trading close to its lowest since early 2016 on Friday, a day after the riskiest U.S. corporate bonds suffered their biggest daily drop in nearly three years and in sync with a broad pullback from stocks and other risky assets.

PG&E shares and bonds plunge as California wildfire risks mount

15 Nov 2018

PG&E Corp , the electricity provider in the northern California region ravaged by a deadly wildfire, warned that it could face "significant liability" in excess of its insurance coverage if its equipment caused the blaze, sending its shares and bonds sharply lower.

UPDATE 3-PG&E shares and bonds plunge as California wildfire risks mount

14 Nov 2018

Nov 14 PG&E Corp, the electricity provider in the northern California region ravaged by a deadly wildfire, warned that it could face "significant liability" in excess of its insurance coverage if its equipment caused the blaze, sending its shares and bonds sharply lower.

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