The German steel and engineering company, ThyssenKrupp AG, said it has reached an agreement with EP Corporate Group or EPCG for the sale of 20% of ThyssenKrupp's steel business. The closing of the transaction is scheduled for this financial year, the companies said. In addition, the two companies are in talks for an additional 30% acquisition of the steel business by EPCG to form a 50:50 joint venture.
PG&E (NYSE:PCG – Get Free Report) posted its earnings results on Thursday. The utilities provider reported $0.37 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.02, Briefing.com reports. PG&E had a net margin of 9.24% and a return on equity of 10.84%. The company had revenue of $5.86 billion during the quarter, […]
PG&E (NYSE:PCG – Get Free Report) released its earnings results on Thursday. The utilities provider reported $0.37 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.02, Briefing.com reports. The business had revenue of $5.86 billion for the quarter, compared to analysts’ expectations of $6.60 billion. PG&E had a return on equity of […]
New York State Common Retirement Fund lifted its stake in shares of PG&E Co. (NYSE:PCG – Free Report) by 3.0% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 2,099,873 shares of the utilities provider’s stock after purchasing an additional 60,973 shares during the period. New York State Common Retirement Fund’s holdings in PG&E […]
PG&E (NYSE:PCG – Get Free Report) updated its FY24 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $1.33-1.37 for the period, compared to the consensus estimate of $1.35. PG&E also updated its FY 2024 guidance to 1.330-1.370 EPS. Analyst Ratings Changes Several equities research analysts recently weighed in on the […]