BlueMountain Capital

Despite pleas from shareholders and weeks of speculation by Wall Street analysts, PG&E Corporation (NYSE: PCG) followed through with its pledge to file for Chapter 11 bankruptcy. Earlier this month, PG&E indicated it was facing roughly $30 billion in wildfire liability and was preparing a...

Well, at least one overhang has been removed for PG&E Corporation (NYSE: PCG). The California Department of Forestry and Fire Protection said Thursday afternoon the October 2017 Tubbs fire was caused by a private electrical system. The department said investigators didn't identify any...

The announcement that California utility company PG&E Corporation (NYSE: PCG) is preparing for bankruptcy sent shares of the battered stock tumbling more than 62 percent this week. However, one Wall Street analyst said Friday there may still be value in the stock. The Analyst RBC Capital...