|Bid||2.4000 x 120000|
|Ask||2.4365 x 120000|
|Day's Range||2.4110 - 2.4540|
|52 Week Range||2.3690 - 3.5400|
|Beta (3Y Monthly)||0.83|
|PE Ratio (TTM)||10.55|
|Forward Dividend & Yield||0.04 (1.84%)|
|1y Target Est||N/A|
Mexican national power company CFE said on Tuesday it is seeking $899 million in a dispute with natural gas pipeline firms and talks with Canada's TC Energy Corp and billionaire Carlos Slim's Grupo Carso would start within days. The Comision Federal de Electricidad (CFE) [COMFEL.UL] is seeking to negotiate "fairer" terms for a number of pipeline contracts signed by Mexico's previous government. President Andres Manuel Lopez Obrador has questioned the contracts, arguing they are too costly.
Norway's $1 trillion wealth fund can invest again in miner Rio Tinto and retailer Walmart after their exclusions from the fund's investments on ethical grounds were revoked, the board of the central bank said on Tuesday. The issue was Rio Tinto's stake in the mine, which according to the Norwegian finance ministry at the time, discharged very large amounts of tailings directly into a natural river system.
Mexican President Andres Manuel Lopez Obrador said on Tuesday he will respect contracts that companies have with state-run power utility CFE for pipelines that are not operational despite his criticism of how much the arrangements cost. On Monday, the government said Mexican billionaire Carlos Slim's Grupo Carso, TransCanada Corp and Mexican energy infrastructure firm IEnova were receiving billions of dollars for unfinished pipeline projects. Shares in TransCanada were up 0.5 percent and Grupo Carso rose 1 percent on Tuesday morning.