|Bid||5.56 x 0|
|Ask||5.60 x 0|
|Day's Range||5.55 - 5.60|
|52 Week Range||4.22 - 5.60|
|Beta (3Y Monthly)||0.62|
|PE Ratio (TTM)||13.61|
|Earnings Date||May 8, 2019|
|Forward Dividend & Yield||0.28 (5.10%)|
|1y Target Est||5.59|
Announcement: Moody's announces completion of a periodic review of ratings of Zacapa S.a r.l. London, 13 March 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Zacapa S.a r.l. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
On Friday, the government approved the sale of some oil and gas stocks, in what appears to be a classic example of having it both ways. The stated rationale is that the disposals focus on exploration and production companies, which have the highest correlation to oil and gas prices.
The joint venture, called EGPNA Renewable Energy Partners, was formed in late 2016 between Enel's U.S.-based renewables subsidiary, Enel Green Power North America (EGPNA) and GE Energy Financial Services. It could be valued at more than $1 billion, excluding debt, according to the sources.
By buying an index fund, investors can approximate the average market return. But if you buy good businesses at attractive prices, your portfolio returns could exceed the average market return.Read More...
Moody's Investors Service ("Moody's") has affirmed the 'Baa3' senior unsecured rating of Enel Americas S.A. (ENIA). The rating action follows the announcement, on February 27, 2019, that the company is pursuing a capital increase in the amount of up to $3.5 billion, the proceeds of which would be allocated to redeem outstanding debt at the subsidiaries level.
Colombia on Tuesday failed to award 23 energy generation and commercialization contracts in its first renewable energy tender, because the results would have violated antitrust rules, the energy ministry said. The government received proposals from 27 local and international companies to participate in the auction, the Andean nation's attempt to diversify and increase electricity supply with projects in solar, wind and biomass. The projects, which were to start generating electricity in 2021, were not tendered because only a few of the participating companies would have received contracts, which is against the country's antitrust rules.
Nicola Verruzzi, mayor of a small Tuscan town that runs entirely on geothermal power, says he’s going on a hunger strike to raise awareness about a new strategy that doesn’t include continued incentives for the energy source, which provides about 30 percent of Tuscany’s electricity. Veruzzi, 35, says he’s yet to receive replies to the dozens of letters he wrote to Economic Development Minister Luigi Di Maio and to Davide Crippa, the undersecretary responsible for energy policy, in protest at the delay in renewing incentives for geothermal production. Geothermal steam, which rises from natural vents in Veruzzi’s town of Montieri and the surrounding valley, is a clean, abundant source of power for the region, which has been famous since Dante’s time for the hot steam that rises from natural vents across its picturesque hillsides.
Spain aims to close all seven of its nuclear plants between 2025 and 2035 as part of plans to generate all the country's electricity from renewable sources by 2050. Energy Minister Teresa Ribera announced the move on Tuesday, just as the Socialist government gears up to call an early national election in anticipation of losing a budget vote. Overhauling Spain's energy system, which generated 40 percent of its mainland electricity from renewable sources in 2018, will require investment of 235 billion euros ($266 billion) between 2021 and 2030, Prime Minister Pedro Sanchez said last month.
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Today we'll evaluate Enel SpA (BIT:ENEL) toRead More...
Enel said on Wednesday its core earnings last year rose 3.8 percent, boosted by stronger margins in its renewable businesses in Italy, Spain and South America. In preliminary results, Italy's biggest utility said its ordinary earnings before interests, tax, depreciation and amortisation (EBITDA) were 16.2 billion euros (14.2 billion pounds), in line with its own targets.
Shares of Enel SpA (BIT:ENEL) will begin trading ex-dividend in 2 days. To qualify for the dividend check of €0.14 per share, investors must have owned the shares prior to Read More...
Enel provided the financing for Chile to acquire the buses from BYD for the capital Santiago, as well as the charging stations. Chile represents a jumping off point into Latin America for two companies both seeking to dominate a green car revolution that is projected to see electric and hybrid vehicles account for 30 percent of the global market by 2030. Alberto Piglia, Enel's global head of e-mobility, told Reuters that BYD and Enel were talking to the governments of Brazil, Peru and Colombia as well as private firms with a view to offering the same model.
Europe's biggest utility, Italy's Enel (ENEI.MI), pledged on Tuesday to invest more in its green energy and network businesses to boost earnings and meet growing demand for electricity and new digital services. The utility, which controls Spanish energy group Endesa (ELE.MC), said it expected 62 percent of its power production to be emission-free by 2021 compared with 48 percent this year. "Renewables is increasingly a customers' choice," Enel CEO Francesco Starace told analysts.
The following factors could affect Italian markets on Tuesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of ...
Slovakia will phase out subsidies for coal mines supplying one of the country's most polluting power plants from 2023, sooner than expected, Economy Minister Peter Ziga said on Monday. The Slovak government subsidises mining at the country's only coal company, privately owned Hornonitrianske Bane Prievidza (HBP), paying around 100 million euros ($114 million) a year, which helps maintain thousands of jobs. The company produced 1.8 million tonnes of brown coal last year, supplying the Novaky power plant in central Slovakia.
Executives from Telecom Italia and wholesale carrier Open Fiber met in recent weeks to review a plan for the former monopoly to rent active connections and unused lines from the state-backed challenger, especially in rural areas, said the people, who asked not to be identified as the project isn’t public. Telecom Italia shares were temporarily halted in Milan trading after rising as much as 4.3 percent. Spokesmen for Telecom Italia and Open Fiber declined to comment.
The size of Enel SpA (BIT:ENEL), a €45.0b large-cap, often attracts investors seeking a reliable investment in the stock market. Big corporations are much sought after by risk-averse investors who Read More...