California Governor Newsom Announces $886M California Utility Bill Relief
https://www.gov.ca.gov/2026/09/22/governor-newsom-delivers-886-million-in-utility-bill-relief-with-millions-of-households-receiving-an-average-of-75-this-summer/
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https://www.gov.ca.gov/2026/09/22/governor-newsom-delivers-886-million-in-utility-bill-relief-with-millions-of-households-receiving-an-average-of-75-this-summer/
Morgan Stanley analyst David Arcaro maintains Edison International (NYSE:EIX) with a Underweight and lowers the price target from $65 to $60.
EV Realty announced the acquisition of an industrial property in Ontario, California for a future fleet charging hub with 9 MW of simultaneous charging capacity. The site, strategically located near major freight hubs and ports, represents the company's expansion in Southern California. Construction is expected to begin in 2027, bringing EV Realty's total charging capacity to 27 MW across its California operations.
Jefferies analyst Julien Dumoulin-Smith maintains Edison International (NYSE:EIX) with a Hold and lowers the price target from $68 to $53.
ArcelorMittal has announced it cannot safely restart operations at its Kryvyi Rih facility in Ukraine after four missile strikes over five weeks killed five employees and injured 17 others. The company will record a non-cash impairment charge of approximately US$1 billion and is discussing the plant's future with the Ukrainian government while focusing on infrastructure preservation.
ArcelorMittal halts Kryvyi Rih plant operations in Ukraine after repeated missile strikes. The company expects a $1B impairment charge.