CWT
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California Water Service Grp
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CWT News26 articles
Paramount Skydance Jumps on $1.5B California Deal Talks
PSKY jumps 6.4% premarket as Reuters reports advanced talks for a $1.5B California production commitment, potentially averting $7M daily penalties.
Paramount's $21.2B Exit Study: A California Tale, Not a PSKY Valuation Hit
A new economic study estimates California could lose up to $21.2B annually if Paramount Skydance relocates, but that figure is a regional impact model, not a forecast of PSKY's financials.
DraftKings Stock Dips 3.5% as California Lawsuit and Margin Squeeze Weigh
DraftKings shares slid 3.5% amid a California lawsuit over its Predictions product and a margin decline to 6.8%. The company's national promotions test user growth against rising costs.
PG&E Plunges 20% as California Bill Leaves Insurer Claims Intact
PG&E shares dropped 20.1% to $13.27 as California's wildfire bill failed to limit insurer claims, prompting multiple analyst downgrades and a valuation reset.
PG&E Tumbles 15% as California Wildfire Bill Omits Liability Shield
PG&E shares fell 15% premarket after California advanced wildfire legislation without a liability shield, pushing its P/E to 8.6x. Mizuho downgraded the stock.
PG&E Stock Plunges 7.5% as California Wildfire Bill Stalls, $3B Erased
PG&E shares tumbled 7.5% after California lawmakers rejected a wildfire liability cap, erasing $3.1 billion in market value.
PG&E Plunges 7.5% as California Wildfire Bill Fails, $3B Erased
PG&E shares tumbled 7.5% after California lawmakers rejected a bill to limit insurer claims, erasing $3 billion in market cap.
PG&E Stock Tumbles 7.5% as California Lawmakers Reject Wildfire Liability Shield
PG&E shares plunged 7.5% after California lawmakers rejected wildfire liability protections, wiping out $3 billion in market value.
Live Nation Rises as California Drops Ticket Resale Cap; Federal Fight Looms
Live Nation shares gained 1.5% after California paused a ticket resale cap bill. Federal antitrust challenges remain a bigger overhang.
Live Nation Stock Near Highs as California Resale Cap Stalls
Live Nation (LYV) shares hover near record highs after California's proposed 10% resale cap was stalled, while a narrower anti-speculation bill advances.
California Label Law Blocked, but $5B Producer Program Persists
A federal judge halted enforcement of California's SB 343 recycling label law, but the state's $5 billion producer program under SB 54 continues, creating a complex landscape for packaging companies.
AT&T Stock Near 52-Week Low Amid California Copper Dispute and Earnings Loom
AT&T stock is near its 52-week low, pressured by a California copper dispute and with Q2 earnings due July 22. The company's free cash flow outlook is 2.1-2.3 times the quarterly dividend.
AT&T Slips on California Copper Dispute and CFO Change
AT&T shares ended lower for a fourth straight session, pressured by regulatory pushback in California and a looming CFO change, as the market heads into a three-day break.
AT&T Shares Slide Amid California Regulatory Clash Over Copper Network Phase-Out
AT&T shares dropped 5.5% to $22.01 this week as California regulators intensify opposition to the company's plan to phase out legacy copper-wire phone service, raising concerns over cost savings and future cash flow.
T&T Supermarket Enters California Market, Plans Major Newark Store
T&T Supermarket opened its first California store in San Jose and announced plans for a larger location at Newark's NewPark Mall, expanding its Bay Area presence.
Save Mart Shuts Two Lucky California Stores Amid Margin Pressures
Save Mart will close Lucky California stores in Danville and San Francisco due to underperformance, continuing a trend of grocers trimming weak locations.
Becerra Takes Early Lead in California Governor Race, Trump-Backed Hilton Trails
Democrat Xavier Becerra leads Republican Steve Hilton by 21 points among registered voters, according to a UC Berkeley IGS poll, with official results to be certified by July 10.
AT&T Rises 5% Ahead of Holiday; New Plan and $19B California Pledge in Focus
AT&T shares rose 5.1% last week, outperforming the S&P 500, as the company unveiled a $15 wireless plan and a $19 billion California investment pledge.
AT&T Shares Rally on $15 Plan and California Fiber Push
AT&T shares gained 1.6% to $25.33 following the rollout of a $15/month Build-A-Plan wireless offering and a legal move to end legacy copper service in California.
Nokia Shares Dip Despite AI Networking Lab Launch in California
Nokia shares slipped 0.7% to 11.650 euros in Helsinki on Thursday, underperforming the broader market, after the company launched an AI Networking Innovation Lab in Sunnyvale, California.
Paramount Skydance's $111B Warner Bros. Deal Faces New Regulatory Hurdles in California
California Democrats and press-freedom groups are urging regulators to scrutinize Paramount Skydance's $111 billion acquisition of Warner Bros. Discovery, citing job losses and editorial independence issues.
California Antitrust Scrutiny Intensifies on Paramount-WBD Merger
34 California Democrats push AG Bonta to scrutinize Paramount's $111B Warner Bros. Discovery takeover for antitrust harm, citing job losses and consolidation risks.
Gasoline Prices Defy Oil Drop, California Faces $7.50 Per Gallon
National gasoline averages held above $4 per gallon Wednesday despite falling crude prices, with California drivers facing prices nearing $7.50 in some areas as refinery issues and logistical challenges compound geopolitical pressures.
WBD Shares Dip Amid California Probe, Paramount Deal Faces Scrutiny
Warner Bros. Discovery shares declined 1% Friday, closing at $27.14, as California's attorney general launched an investigation into Paramount's $31-per-share acquisition offer, adding to existing regulatory and financing concerns.
Eddie Bauer Exits California as Store Operator Fails to Find Bankruptcy Buyer
Eddie Bauer's store operator will shutter all 13 California locations after a bankruptcy auction failed to attract a qualified buyer. The closures mark the end of the brand's physical retail footprint in the state.
California Antitrust Review Clouds Paramount's $110B Warner Bros. Discovery Acquisition
California's attorney general has opened an antitrust investigation into Paramount's planned $110 billion acquisition of Warner Bros. Discovery, casting doubt on the merger's timeline and approval.