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Utilities Down as Traders Hedge on Rate View -- Utilities Roundup

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02/11/2019 | 05:21pm EST

Shares of power producers ticked down as traders hedged their bets on the outlook for interest rates. Five of PG&E's current board directors at the maximum will be up for re-election at the company's annual shareholder meeting, meaning that the majority of those on the slate will be "new independent directors," the owner of California utility Pacific Gas & Electric said.

-Rob Curran, rob.curran@dowjones.com

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