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Edison International - EIX STOCK NEWS

Welcome to our dedicated news page for Edison International (Ticker: EIX), a resource for investors and traders seeking the latest updates and insights on Edison International.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Edison International's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Edison International's position in the market.

News
Santa Barbara Unveils New Electric Buses
Rhea-AI Summary
SCE's Charge Ready Transport Program helps Santa Barbara Metropolitan Transit District install 14 heavy-duty electric vehicle chargers, marking a significant milestone towards achieving emission-free public transport by 2030. The program, in collaboration with SCE, aims to contribute to California's clean energy future and improved air quality.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.36%
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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 A
Rhea-AI Summary
Edison International (NYSE: EIX) announced the expiration and results of its cash tender offers to purchase its outstanding 5.00% Fixed-Rate Reset Cumulative Perpetual Preferred Stock, Series B and 5.375% Fixed-Rate Reset Cumulative Perpetual Preferred Stock, Series A. The Offers expired on November 16, 2023, with $84,223,000 aggregate liquidation preference of Series B Preferred Stock and $61,497,000 aggregate liquidation preference of Series A Preferred Stock validly tendered and not withdrawn. The Company accepted for purchase all such Securities validly tendered and not withdrawn. The consideration for the Securities tendered and accepted for purchase will equal $895 per $1,000 liquidation preference per share of Series B Preferred Stock and $915 per $1,000 liquidation preference per share of Series A Preferred Stock, plus Accrued Dividends. The settlement date for the Offers is expected to be November 21, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.1%
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Employees’ Military Expertise Helps SCE Manage Risks to Grid
Rhea-AI Summary
Edison International: Southern California Edison Honors Veterans Day by Recognizing Employees Who Served Their Country
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.67%
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News
ELEMENT ENERGY CLOSES $111 MILLION CAPITAL RAISE FROM STRATEGIC INVESTORS
Rhea-AI Summary
Element Energy (EIX) closes $111 million Series B investment to deploy adaptive battery management systems for a booming battery storage market. The investment, led by Keyframe Capital Partners, L.P., will support large-scale validation of Element's technology and its commercialization across various energy storage applications, including SaaS and hardware for new energy storage systems.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.67%
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Port of Long Beach Drives Toward Zero-Emissions Future
Rhea-AI Summary
Edison International: SCE's Partnership with Port of Long Beach to Support California's 2045 Climate Goals
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.31%
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Accelerating Vehicle-to-Grid Research
Rhea-AI Summary
Edison International (EIX) Accelerating Vehicle-to-Grid Research: SCE's work on EV innovations and industry standards is key to a future where parked vehicles bolster the grid through bi-directional charging. The press release discusses Southern California Edison's (SCE) efforts to test emerging uses of electric vehicles, including bi-directional charging, and the potential benefits for customers and the grid. The company is exploring EV innovations and standards development, offering insights into V1G, V2H, V2B, and V2G technologies, and emphasizing the future potential of vehicle-to-grid integration.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.94%
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Edison International Announces Waiver of Minimum Tender Condition and Extension 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 A
Rhea-AI Summary
Edison International (NYSE: EIX) extends the expiration date for its cash tender offers to purchase outstanding 5.00% and 5.375% Fixed-Rate Reset Cumulative Perpetual Preferred Stock, waiving the Minimum Tender Condition, with a maximum aggregate purchase price of $750 million, plus Accrued Dividends. The Offers will expire on November 16, 2023, at 8:00 a.m., New York City time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.94%
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News
Yes, You Can Cook Cultural Cuisine on an Induction Stove
Rhea-AI Summary
SCE's Energy Education Center debunks a common clean energy myth through a demonstration of induction cooking. Senior engineer Andre Saldivar showcases the benefits of induction cooking while making quesadillas for the promotoras at the center.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.27%
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Many Paths to the Same Goal
Rhea-AI Summary
Edison International announces the winners of the 2023 Lineworker Scholarship, including a financially strapped mom of five, a former Marine Corps infantryman, and a one-time NCAA defensive lineman. The scholarship is awarded to individuals who demonstrate intelligence, skill, determination, strength, and bravery.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.66%
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Edison International Reports Third Quarter 2023 Results
Rhea-AI Summary
Edison International (NYSE: EIX) reported third-quarter net income of $155 million, or $0.40 per share, compared to a net loss of $128 million, or ($0.33) per share, in the same period last year. The company's third-quarter core earnings were $531 million, or $1.38 per share, compared to $564 million, or $1.48 per share, in the third quarter of last year. Edison International reaffirmed its 2023 EPS guidance of $4.55-$4.85 and its long-term core EPS growth rate target of 5%-7% for 2021-2025 and 2025-2028. The company achieved a milestone in its wildfire mitigation program by installing over 5,200 miles of covered conductor. However, the company recorded a net after-tax charge of $323 million due to revised best estimates of expected losses for the 2017/2018 Wildfire/Mudslide Events.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.53%
Tags
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Edison International

NYSE:EIX

EIX Rankings

#403 Ranked by Market Cap
#1811 Ranked by Stock Gains
#757 Ranked by Dividends

EIX Stock Data

26.40B
383.65M
0.17%
91.64%
1.73%
Nuclear Electric Power Generation
Utilities
Link
US
Rosemead

About EIX

edison international, through its subsidiaries, is a generator and distributor of electric power and an investor in infrastructure and energy assets, including renewable energy. headquartered in rosemead, california, edison international is the parent company of southern california edison, one of the nation's largest electric utilities.