|Bid||18.21 x 0|
|Ask||18.22 x 0|
|Day's Range||18.07 - 18.50|
|52 Week Range||11.61 - 25.55|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||23.52|
The privatization of Brazil's largest utility Centrais Eletricas Brasileiras SA, known as Eletrobras, is the government's top priority, Finance Minister Eduardo Guardia said on Thursday after the first ...
Brazil is committed to the privatization of state-controlled power utility Centrais Elétricas Brasileiras SA, new Finance Minister Eduardo Guardia told local television in his first interview after taking ...
RIO DE JANEIRO (Reuters) - Brazil's incoming energy minister will boost chances of approval in Congress of a bill outlining the rules for the privatisation of Eletrobras, the state-controlled power utility's ...
Brazil's government "has not given up, but lacks focus" in its bid to privatize state-controlled power holding company Centrais Eletricas Brasileiras SA, the lawmaker tasked with getting the privatization bill through Congress said on Wednesday. Congressman Jose Carlos Aleluia said a committee hearing on the privatization scheduled for Wednesday had been canceled, but that he plans to meet with President Michel Temer's top ministers on the topic early next week. Reuters reported on Tuesday that the Eletrobras privatization had been severely weakened by powerful senators opposed to its sale.
The president of Brazil's lower house, Rodrigo Maia, said on Monday he was worried about the possibility of passing a bill to privatize state-run electricity firm Centrais Eletricas Brasileiras SA , known as Eletrobras. The government hopes to raise some 12.2 billion reais ($3.71 billion) from the privatization of Eletrobras. Speaking at an event in Rio de Janeiro, Maia said Congress had faced political difficulties trying to set up a commission to deal with the company's privatization, which could portend difficulties in whipping up the votes needed to pass the program.
Brazil's state-controlled power company Centrais Elétricas Brasileiras SA said on Friday that Eletropaulo, Brazil's largest power distribution company, has agreed to pay it 1.4 billion reais to settle ...
Brazilian energy holding company Energisa SA met with the energy regulator ANEEL to discuss possible changes in the rules for the sale of six power distribution companies expected for May, according to ...
The speaker of Brazil's lower house Rodrigo Maia said on Thursday that he is aiming for the body to vote on a bill containing the rules for how to privatize state-controlled power company Centrais Eletricas Brasileiras SA . President Michel Temer issued a provisional decree last year that changed the country's law to allow for Eletrobras, as the company is commonly known, to be privatized. A Supreme Court justice last week overturned a lower court's injunction blocking some parts of Temer's decree, removing a major legal roadblock to moving forward on selling Eletrobras.
The battle over privatizing Latin America’s largest utility hinges on a parched river winding through the dusty highlands of northeast Brazil.
Brazil on Friday froze 8 billion reais worth of government expenses for this year under a revised budget to account for potential delays in a plan to privatize power utility Centrais Elétricas Brasileiras ...
The chief executive officer of Brazil’s state-owned utility Eletrobras remains confident that a controversial plan to take the company private will succeed this year despite opposition from lawmakers and ...
Brazil's state-controlled power company Eletrobras aims to settle U.S. class action lawsuits before it begins what is expected to be the country's largest privatization in almost two decades, Chief Executive Wilson Ferreira Jr said on Wednesday. Investors in the United States have sued Centrais Elétricas Brasileiras SA (Eletrobras) after the company reported large losses related to a sprawling corruption scandal in Brazil.
Brazilian state-controlled oil company Petróleo Brasileiro SA (PETR4.SA) owes the government billions of dollars tied to offshore exploration rights but is unlikely to pay this year, a cabinet minister said. The government's 2018 budget does not include any revenue from the so-called "transfer of rights" area that has sparked a dispute with the company also known as Petrobras, Planning Minister Dyogo Oliveira said in an interview on Thursday. In 2010, Brazil exchanged offshore exploration rights for equity in Petrobras.
The Brazilian government's plan to privatize Eletrobras (Ba3 stable) is credit positive for the company, since a cash injection through an equity offering would improve its financial risk profile at a ...
Brazilian state-owned power holding Centrais Elétricas Brasileiras SA has hired law firm Hogan Lovells to "resolve class action lawsuits" in the U.S., according to a note published on Friday ...
Brazilian President Michel Temer signed a measure that paves the way for the privatization of Eletrobras, Latin America’s largest power company, according to a government official.
Brazilian state-run power utility Centrais Elétricas Brasileiras SA will reduce its investments starting in 2018 to boost efficiency ahead of its planned privatization next year. In a securities filing on Monday, the company, known as Eletrobras, said its board had authorized investments of 19.75 billion reais ($6 billion) for 2018 through 2022. Eletrobras said the investments would be in power generation, transmission and infrastructure projects, directly or through special-purpose vehicles.
Facing a severe financial crisis, Brazil's state-run nuclear power concern Eletrobras Termonuclear SA may halt operations at two power plants in Rio de Janeiro, newspaper O Estado de São Paulo reported on Tuesday, citing a letter from the firm's acting chief executive. In the letter to power sector regulator Aneel last week, Leonam dos Santos Guimarães described the situation as "grave" and warned the company's Angra 1 and Angra 2 nuclear plants may interrupt power production by 2019 if nothing is done to solve the problem. Eletronuclear, owned by Centrais Eletricas Brasileiras SA , is highly indebted and in default on supplier bills, including providers of uranium used as fuel to generate electricity, O Estado reported.
Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to Centrais Elétricas Brasileiras SA Here are 5 ETFs with the largest exposure to ELET3-BR. Comparing the performance and risk of Centrais Elétricas Brasileiras SA with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower ... Read more (Read more...)
Categories: Yahoo FinanceGet free summary analysis Centrais Elétricas Brasileiras SA reports financial results for the quarter ended September 30, 2017. We analyze the earnings along side the following peers of Centrais Elétricas Brasileiras SA – Cia Energetica de Minas Gerais Cemig CMIG Pfd, CPFL Energia S.A. and Enel Americas S.A. (CMIG4-BR, CPFE3-BR and ENELAM-CL) that have also ... Read more (Read more...)
Brazil's deputy Finance Minister Eduardo Guardia said on Wednesday the government expects to send a bill to privatize state-controlled utility Eletrobras to Congress next week. Guardia said key details of the privatization process will be submitted to a shareholders meeting expected to take place next year. Voting rights will be limited to 10 percent for individual new investors, a way of ensuring Eletrobras will have dispersed share ownership after the privatization, Guardia said.
Brazilian development bank BNDES's chief executive said on Tuesday that the government is considering a two-stage privatization of state-controlled power holding company Centrais Brasileiras SA. Paulo ...
Brazil's lower house of Congress is likely to approve the privatization of power utility Centrais Elétricas Brasileiras SA by the end of the year, House Speaker Rodrigo Maia said on Tuesday. Investors ...
Categories: Fundamental Analysis Yahoo FinanceClick here to see latest analysis Capitalcube gives Centrais Elétricas Brasileiras SA a score of 31. Our analysis is based on comparing Centrais Elétricas Brasileiras SA with the following peers – Cia Energetica de Minas Gerais Cemig CMIG Pfd, Companhia Paranaense de Energia – COPEL Pfd B, CPFL Energia S.A. and Enel Americas S.A. (CMIG4-BR, ... Read more (Read more...)
RIO DE JANEIRO (Reuters) - Brazil's state-controlled utility Centrais Elétricas Brasileiras SA will soon announce agreements to sell minority stakes in projects such as wind farms and power transmission ...