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Utilities Rise Amid Safe-Haven Demand -- Utilities Roundup

10/23/2020 | 05:26pm EST

Shares of power producers ticked up as investors sought out safe havens, in light of uncertainty about stimulus negotiations and election prospects.

California utility PG&E scored a victory Friday as a judge ruled against hedge funds that said California's largest utility had unfairly shut them out of a lucrative stock deal on its way out of bankruptcy.

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

10-23-20 1725ET

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