PG&E falls further after S&P cuts credit rating to junk

January 8, 2019 admin Business News Comments Off on PG&E falls further after S&P cuts credit rating to junk

PG&E Corp’s shares fell 14 percent on Tuesday, after S&P Global stripped the California power company of its investment-grade credit rating in the face of massive claims stemming from deadly wildfires.

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Source:: Reuters – Business News