Tag Archives: Companhia Energetica Minas Gerais

Utilities Sector Roundup: Questar (NYSE:STR), QEP Resources (NYSE:QEP) – STR, QEP, CHK, SBS, CIG, NI

Utilities sector responded positively on Tuesday’s trading session and sector moved up +0.43%. If we consider key movers of this sector so Companhia de Saneamento Basico (ADR) (NYSE:SBS) and Companhia Energetica Minas Gerais (ADR) (NYSE:CIG) were major percentage gainers while …

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NRG Energy Inc. (NYSE:NRG) Cursed with Downgrade Rating from Zacks – NRG, AES, AEP, XEL, PPL, S, FE, EXE, CIG

On Monday, Jan 21, 2013, Zacksdowngraded their recommendation on wholesale power generation firm, NRG Energy Inc. (NYSE:NRG) to Underperform from Neutral. The firm presently has a short-term Zacks Rank #3 (Hold).

The united negative impression from fuel price volatility, stringent …

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Laclede Group (NYSE:LG) Inks $1.035 Billion Deal to Acquire Southern Union Utilities – LG, GXP, AEE, EXC, NRG, KEP, EBR.B, ELP, CIG

The St. Louis, Missouri-based Laclede Group Inc (NYSE:LG) has decided to acquire two Southern Union utilities in a pact worth at $1.035 billion, Laclede, Energy Transfer Equity, LP (NYSE:ETE) and Energy Transfer Partners LP (NYSE:ETP) reported on Monday.

Utility holding …

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Earnings in Review: Dynegy (NYSE:DYN) Loss Shrinks Although Revenues Drop – DYN, DUK, FE, AES, GEN, CIG, KEP

Dynegy Inc. (NYSE:DYN), which is in the process of restructuring its de-consolidated Dynegy Holdings division, posted a smaller loss for its Q1 on high capacity generation, regardless of a sharp drop in revenues.

 

For its Q1, net loss was …

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Pepco (NYSE:POM) Unveils Profit Surges 6% in Q1, As Revenue Plunges- POM, CPN, AES, GEN, SO, CIG, PPL

Utility operator Pepco Holdings, Inc. (NYSE:POM) reported on Friday that its Q1 profit surged 6% as lower taxes helped offset a 21% decreased in revenue, as mild winter weather tracked to a drope in electric sales.

Pepco reaffirmed its estimate …

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AES Corporation (NYSE:AES) quarterly profit up 52% on revenue gains – DUK, EIX, SO, CNP, CIG, NRG, NRGY, LNT

The AES Corporation (NYSE:AES)’s Q1 profit increased 52% as the power firm’s revenue strengthened, assisted by gains from acquisitions.

Exclusive of mark-to-market derivative impacts, currency transactions and other items, earnings increased to 37 cents as compared to 24 cents. Analysts …

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