CEMIG 2015 Earnings Lag, Higher Costs Offset Sales Growth
Zacks Equity Research - Zacks Investment Research - Thu Mar 31, 8:20AM CDT
Companhia Energetica de Minas Gerais (CIG), also known as CEMIG, reported weak results for 2015. The company's adjusted earnings were R$1.52 per share or 46 cents per American Depository Receipt (ADR), below the Zacks Consensus Estimate of 60 cents.
AT: 2.28 (-0.04), CIG: 1.56 (-0.01), BKH: 62.15 (-0.30)
Why Brazilian Industrial Stocks Surged Higher Today
Travis Hoium, The Motley Fool - Motley Fool - Thu Mar 17, 3:08PM CDT
Sao Paulo's skyline in Brazil. Image source: Pixabay . What: Shares of Brazil's industrial stocks are surging higher today as investors speculate the economic downturn is coming to an end. Utility Companhia Energetica Minas Gerais (ADR) was...
SID: 2.02 (-0.01), GGB: 1.66 (-0.02), CIG: 1.56 (-0.01)
Why TrovaGene (TROV) Stock is Surging Today
Madeleine Johnson - Zacks Investment Research - Mon Feb 01, 11:58AM CST
On Monday, shares of TrovaGene Inc (TROV) are surging almost 20% after the company announced that they reached an agreement with healthcare company FedMed Inc.
CIG: 1.56 (-0.01), TROV: 4.15 (-0.13), AET: 119.18 (-1.34), HUM: 184.69 (-2.07)
CEMIG Unit Wins Generation Concessions for 18 Plants
Zacks Equity Research - Zacks Investment Research - Thu Nov 26, 10:50AM CST
CEMIG (CIG) recently announced that its wholly owned subsidiary, Cemig Geracao e Transmissao S.A. (CEMIG GT), won generation concessions for 18 hydro plants.
KEP: 25.50 (-0.77), CIG: 1.56 (-0.01), HNP: 26.32 (-0.67), AEE: 50.76 (-0.20)
CEMIG Q3 Earnings Skyrocket Y/Y on High Sales Growth
Zacks Equity Research - Zacks Investment Research - Mon Nov 16, 8:40AM CST
Companhia Energetica de Minas Gerais (CIG), also known as CEMIG, reported net income of R$167 million (US$47.4 million) for third-quarter 2015, up 475% year over year.
KEP: 25.50 (-0.77), CIG: 1.56 (-0.01), HNP: 26.32 (-0.67), AEE: 50.76 (-0.20)
CIG Stock: Is Companhia Energetica Minas Gerais (ADR) a Good Investment?
Matthew DiLallo, The Motley Fool - Motley Fool - Fri Sep 18, 8:09AM CDT
Companhia Energetica Minas Gerais (ADR) , CEMIG, is one of the largest power companies in Brazil as it distributes 12% of the country's power. However, that's not its main draw for American investors. Instead, what catches investors' attention is...
CIG: 1.56 (-0.01), BIP: 44.39 (-0.71), BEP: 29.13 (-0.14)
CEMIG Q2 Earnings Fall Y/Y; Higher Costs Hurt Sales Growth
Zacks Equity Research - Zacks Investment Research - Mon Aug 17, 8:00AM CDT
Companhia Energetica de Minas Gerais (CIG), also known as CEMIG, reported net income of R$534.3 million (US$174 million) for second-quarter 2015, down 27.9% year over year.
CIG: 1.56 (-0.01), EOC: 39.51 (+0.45), DTE: 93.83 (-0.08), LNT: 38.82 (-0.17)
Lula Arrest Concerns Trigger Brazil Panic: 5 Biggest Losers - Analyst Blog
Swarup Gupta - Zacks Investment Research - Fri Jun 26, 5:06PM CDT
The extent of investor concerns was exemplified by Thursday's spectacular decline, sparked off by a news report.
SID: 2.02 (-0.01), PBR.A: 4.90 (-0.19), CIG: 1.56 (-0.01), VALE: 4.37 (-0.04), GOL: 7.16 (-0.25)
Cia Energetica de Minas Gerais Has Returned 21.6% Since SmarTrend Recommendation (CIG)
Comtex SmarTrend(R) - Wed May 20, 10:04AM CDT
SmarTrend identified an Uptrend for Cia Energetica de Minas Gerais (NYSE:CIG) on March 24th, 2015 at $4.22. In approximately 2 months, Cia Energetica de Minas Gerais has returned 21.59% as of today's recent price of $5.13.
CIG: 1.56 (-0.01)