At the annual meeting earlier this year of Sempra Energy, shareholders narrowly rejected a proposal to have an advisory vote on executive compensation. The proposal had also been presented at previous annual meetings.

A worse than expected employment report sent stock prices sharply lower Thursday.

The Labor Department report on June employment was a huge disappointment this morning. The nation's unemployment rate rose to 9.5 percent, the highest level since 1983. However, it was the job losses that came as a surprise with payrolls declining by 467,000, well above expectations. Stocks are taking a beating on the news, as are oil prices. Crude has dropped below $67 a barrel.

Stock prices were slightly higher Wednesday but finished off the best sessions of the day.