Edison International (EIX) proves its importance in the investment portfolio, with significant acquisitions of its shares by different entities, namely Bank of Nova Scotia, Invesco Ltd., Bank of Montreal Can, APG Asset Management N.V., Aviva PLC, and First Western Trust Bank, among others. However, Barclays released a pessimistic forecast for the company's stock price, despite claims of its undervalued position and strong value status. The company also witnessed some shares sold by entities such as Legal & General Group Plc, Prudential PLC, and Alliancebernstein L.P., thereby creating a mixed investment environment. Still, EIX seemed to mark significant events with the 20th Anniversary of Edison Scholars Program and being among the Best High Yield Stocks for dividend capture. The company is under scrutiny, facing both securities fraud lawsuits and shareholder activism over executive pay. In other reports, EIX responds to California's wildfire issues, investigating ties between Southern California Edison and the Eaton, Hurst wildfires. Also, EIX seems to have caught the eye of Equinor Ventures given the latter's investment in Infravision.
Edison International EIX News Analytics from Mon, 02 Oct 2023 07:00:00 GMT to Sat, 12 Apr 2025 14:52:00 GMT -
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- Innovation -1
- Information 4
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