|Day's Range||3.56 - 3.71|
|52 Week Range||3.49 - 7.70|
|PE Ratio (TTM)||2.10|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||2.50|
Eletrobras' (ELET5.SA) chief executive, Wilson Ferreira Jr, will remain in the post at the state-controlled holding company despite controversial remarks he made about some of the company's managers, Deputy Energy Minister Paulo Pedrosa told Reuters on Friday. Newspaper O Estado de S.Paulo on Thursday posted on its website a recording of comments made by Ferreira during a meeting with union leaders in which he criticized some managers at Eletrobras and said they were "bums" taking advantage of benefits provided by taxpayer money. There is no crisis at Eletrobras," Pedrosa told Reuters in a telephone interview.
Categories: Yahoo FinanceGet free summary analysis Centrais Elétricas Brasileiras SA reports financial results for the quarter ended March 31, 2017. We analyze the earnings along side the following peers of Centrais Elétricas Brasileiras SA – Companhia Paranaense de Energia Sponsored ADR Pfd Class B, CPFL Energia S.A. Sponsored ADR, Companhia Energetica de Minas Gerais SA Sponsored ADR ... Read more (Read more...)
Brazilian federal police searched the headquarters of a unit of state-controlled power utility Centrais Elétricas Brasileiras SA on Thursday as part of a corruption investigation. According to a statement, the operation was driven by suspicions of graft and money-laundering in dealings involving an unspecified hydropower dam held by the Furnas Centrais Elétricas SA unit and former lower house Speaker Eduardo Cunha, who is currently under arrest. Police served 33 search-and-seizure warrants in São Paulo and Rio de Janeiro, the statement said.