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10:12
Portland General Electric has announced a major strategic initiative: the acquisition of the utility operations division and selected assets of Pacific Power in Washington State.
Meanwhile, the company released its financial performance report for fiscal year 2025, showcasing its operational results in a complex market environment. Based on the current business development trend and the synergies brought by this acquisition, the company's management also issued preliminary earnings guidance for fiscal year 2026, providing the market with a forward-looking expectation of future performance.
10:12
Portland General Electric announced that it will independently manage its operations in Washington State through a newly established business unit.
This strategic initiative aims to operate the Washington State business as an independent corporate entity. The newly established subsidiary will be solely responsible for electricity services and market operations in the Washington State region. This business restructuring will help the company more accurately respond to regional market demands and enhance operational efficiency and service flexibility.
10:12
Market News: Charles Schwab, with assets under management of $1.2 trillions, increased its holdings by over 91,000 shares of Strategy stock, bringing the total position value to $168 millions.
According to Odaily, BitcoinTreasuries.NET posted on X that an exchange with $12 trillion in assets under management has increased its holdings by 91,859 shares of Strategy (MSTR) stock. Currently, its total holdings have reached 1.27 million shares, with a holding value of $168 million.
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