Activity swirls around Edison towers in search for cause of Eaton fire [Los Angeles Times (CA)]
Edison International (EIX)
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Source: Los Angeles Times
latest detailed examination to determine exactly what sparked the disastrous Eaton fire. Plaintiff's lawyers are also doing their own research. It is likely to take more months for a final determination of what caused the fire. But Edison has been under scrutiny since Day 1 because residents saw and videotaped flames burning near transmission lines at the time the fire started on Jan. 7. The flurry of activity at the fire site comes amid a growing number of lawsuits filed against Edison by residents as well as some public agencies. Edison has said it is cooperating with a state investigation. Zeroing in on cause The focus for investigators, Southern California Edison and the dozens of lawsuits that have been filed against the utility company has been around three transmission towers overlooking Eaton Canyon, where video from residents caught the first flames burning. In particular, one of the three towers that has been idle for more than 50 years but somehow reenergized the
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News
- Southern California Edison Announces Expiration and Results of Tender Offer for 5.45% Fixed-to-Floating Rate Trust Preference Securities Issued by SCE Trust VBusiness Wire
- Edison International Announces Expiration and Results of Tender Offers for Its 5.00% Fixed-Rate Reset Cumulative Perpetual Preferred Stock, Series B and 5.375% Fixed-Rate Reset Cumulative Perpetual Preferred Stock, Series ABusiness Wire
- Huge budgets cuts, enrollment drops: Pasadena schools struggle to rebuild after Eaton fire [Los Angeles Times (CA)]Los Angeles Times
- Annaly Capital Preferreds Offer Tempting Yields [Seeking Alpha]Seeking Alpha
- Edison International (EIX): Assessing Valuation After a 6% Dividend Increase and Growing Analyst Optimism [Yahoo! Finance]Yahoo! Finance
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