Edition:
India

Companhia Energetica de Minas Gerais CEMIG (CIG.N)

CIG.N on New York Stock Exchange

2.70USD
30 Aug 2016
Change (% chg)

$-0.03 (-1.10%)
Prev Close
$2.73
Open
$2.72
Day's High
$2.75
Day's Low
$2.68
Volume
511,313
Avg. Vol
1,101,355
52-wk High
$3.07
52-wk Low
$1.03

CIG.N

Chart for CIG.N

About

Companhia Energetica de Minas Gerais CEMIG is a Brazil-based holding company mainly engaged in the generation, transmission and distribution of electricity. The Company operates through the segments: Generation, Transmission, Distribution, Telecom, Gas and Other. The Company generates electricity at approximately 78 hydroelectri... (more)

Overall

Beta: 2.11
Market Cap(Mil.): $3,508.37
Shares Outstanding(Mil.): 1,258.84
Dividend: --
Yield (%): --

Financials

  CIG.N Industry Sector
P/E (TTM): 16.50 13.09 15.63
EPS (TTM): 0.17 -- --
ROI: 2.30 3.50 5.93
ROE: 4.87 7.75 11.23

EMERGING MARKETS-Latam currencies, stocks down ahead of Fed policy minutes

By Bruno Federowski SAO PAULO, Aug 17 Latin American currencies and stocks fell on Wednesday after comments by a Federal Reserve policymaker fostered bets that the minutes of the Fed's last meeting will strike a hawkish tone. Many investors had believed the Fed would refrain from hiking rates this year as it waits for more evidence about the impact on the U.S. economy of Britain's June 23 vote to leave the European Union. But those expectations took a beating on Tuesday a

17 Aug 2016

Brazil's Cemig reiterates plans for asset sales

SAO PAULO, Aug 9 Brazilian utility Companhia Energética de Minas Gerais said in a securities filing on Tuesday it plans to sell assets to reduce debt, confirming statements made by Chief Executive Mauro Borges in an interview with a local newspaper.

10 Aug 2016

Brazil's Cemig hires banks for Light stake sale, source says

SAO PAULO, Aug 9 Cia Energética de Minas Gerais has mandated two banks to oversee sale of the controlling stake it has in electricity distributor Light SA, as Brazil's No. 3 power utility company races to cut debt, a source with direct knowledge of the transaction said on Tuesday.

10 Aug 2016

Brazil's Cemig to sell assets, CEO says -newspaper

SAO PAULO, Aug 8 Cia Energética de Minas Gerais SA, Brazil's No. 3 power utility, plans to conclude the sale of stakes in various companies, such as the Gasmig gas unit, by the end of 2017, Chief Executive Officer Mauro Borges said in an interview with newspaper Valor Economico.

08 Aug 2016

UPDATE 2-Brazil's Cemig to sell stake in power transmission company Taesa

SAO PAULO, Aug 3 Brazilian utility Companhia Energética de Minas Gerais SA plans to sell part of its stake in power transmission company Taesa, the company said in a securities filing on Wednesday.

04 Aug 2016

Brazil's Cemig weighs selling stake in power transmission company Taesa -source

SAO PAULO, Aug 3 Brazil's utility Companhia Energética de Minas Gerais SA is considering the sale of part of its stake in power transmission company Transmissora Aliança de Energia Elétrica, known as Taesa, a source with direct knowledge of the matter said on Wednesday.

04 Aug 2016

Debt, high price threaten Celg-D privatization auction

SAO PAULO, Aug 2 Investors eyeing Brazil's auction to privatize state-owned utility Celg-D said its heavy debt and the high minimum price could jeopardize the Aug. 19 sale.

03 Aug 2016

Brazil's Cemig hires Itau BBA for capitalization of Gasmig -filing

SAO PAULO, Aug 1 Brazilian utility Companhia Energética de Minas Gerais SA the hired investment bank unit of Itau Unibanco Holding SA, Itau BBA, as adviser for its gas unit Gasmig, the company said in a securities filing on Monday.

02 Aug 2016

Brazil's Cemig denies it hired advisers to sell assets

BRASILIA, July 6 Cia Energética de Minas Gerais SA denied it has hired financial advisers to sell assets, the power distributor firm said in a statement on Wednesday.

07 Jul 2016

Exclusive: Brazil's Cemig hires banks to sell gas business, hydroelectric plants - sources

SAO PAULO Cia Energética de Minas Gerais SA has hired at least three investment banks to prepare the sale of small hydropower plants and a gas distribution unit, according to three sources with direct knowledge of the plans, part of efforts by Brazil's second largest power distribution firm to cut its debt.

05 Jul 2016

Earnings vs. Estimates