PG&E’s Stock Fell 14% on Thursday

PG＆E周四（11月7日）暴跌14％

The California utility reported a third-quarter loss—and said that this year, it will take bigger writedowns for wildfire costs than it had expected.

这家加州公用事业公司第三季度亏损，并表示今年森林火灾造成的成本将比此前预计的更大。

PG&E (ticker: PCG) has been in bankruptcy court since January. It filed to deal with the potential costs of the deadly wildfires its equipment started in 2017 and 2018.

PG＆E (PCG)自1月份以来一直处于破产程序中。该公司申请破产以应对其设备于2017年和2018年造成的致人死伤的森林火灾的潜在成本。

It isn’t clear exactly how much the wildfires will cost PG&E. But those costs are what put it into the red this quarter—it took a $2.5 billion non-cash charge. The utility also raised its forecast for its total wildfire costs by 13%.

目前尚不清楚森林火灾给PG＆E造成的损失有多少。但是该公司第三季度减计了25亿美元的非现金支出。这家公用事业公司还将森林火灾造成的总成本预期值提高了13％。

Xerox Has Reportedly Offered $33 Billion to Acquire HP

据报道施乐提出以330亿美元收购惠普

A deal between the two printer companies may sound more boring than watching ink dry. But Xerox Holdings (XRX) is whale hunting here. Its market capitalization is $8.2 billion, while HP’s is more than three times that—$29 billion. That means Xerox would have to take on debt if it is serious about buying HP (HPQ).

两家打印机公司之间的交易听起来可能比看着墨水变干更无聊，但施乐(Xerox Holdings, XRX)是在小鱼吃大鱼，该公司市值为82亿美元，而惠普(HP, HPQ)的市值是290亿美元，是施乐的三倍多。这意味着施乐真的想收购惠普，呢么施乐将不得不承担债务。

Wall Street is split on whether the deal will happen at all. One analyst said that Xerox might actually want to get bought by HP instead of the other way around. And the offer to buy its bigger rival could be just to show that a deal makes sense.

华尔街对这笔交易是否会达成存在分歧。一位分析师表示，施乐实际上可能希望被惠普收购，而不是反过来。施乐向更大的竞争对手发出收购提议可能只是为了表明二者之间可以进行交易。

Shares of SeaWorld Entertainment Rallied 11%

SeaWorld Entertainment飙升11％

—after it reported third-quarter results on Thursday. The theme-park company’s stock gained—and that was despite profit and sales figures that missed Wall Street’s estimates. There are a few reasons for that.

这家主题公园公司周四（11月7日）公布第三季度财报后股价上涨。虽然利润和销售额均低于华尔街预期，但这家主题公园公司的股票依然上涨，这其中有几个原因。

For one, investors were fine blaming the disappointing quarterly numbers on bad weather. That meant they could focus on the fact that the company’s operating costs were lower than expected.

首先，投资者可以把该公司糟糕的季度表现归咎于恶劣的天气。这意味着他们关注的是该公司运营成本低于预期这一事实。

And second, SeaWorld (SEAS) said its full-year earnings would be toward the high end of its forecasted range. And third, it announced a new CEO, less than two months after its previous one resigned. The stock is now up 29% for the year.

其次，SeaWorld Entertainment (SEAS)表示，全年利润将接近预期区间的高端。第三，在前任CEO辞职不到两个月后，该公司宣布了新的CEO。今年迄今该股今年累计上涨了29％。

翻译 | Anqi

版权声明：

《巴伦》(barronschina) 原创文章，未经许可，不得转载。英文版见2019年11月8日报道“A 14% Drop for PG&E, and Two More Numbers to Know”。

（本文内容仅供参考，投资建议不代表《巴伦》倾向；市场有风险，投资须谨慎。）