Centrais Eletricas Brasileiras SA (EBRb.N)
6 Dec 2013
SAO PAULO, Nov 18 - Brazilian state-run electricity utility Eletrobras expects to save 1 billion reais ($441 million) a year as a result of its employee buyout program, Chief Financial Officer Armando Casado de Araujo said on Monday.
SAO PAULO, Nov 18 - Eletrobras shares dropped in opening trading on Monday after the Brazilian state-run electricity utility posted a third-quarter net loss of 915 million reais as it continued to adapt to government-mandated tariff reductions.
SAO PAULO, Nov 14 - Brazilian state-run electricity utility Eletrobras posted a net loss of 915 million reais ($393.34 million) for the third quarter as it continued to adapt to government-mandated tariff reductions, according to a securities filing on Thursday.
(Removes reference to Chile's IPSA index throughout story as Chilean markets were closed due to a local holiday) * OGX, Cyrela, Brookfield, Eletrobras report worse earnings * MMX to take $65.7 mln charge on devalued iron-ore mine * Brazil Bovespa down 1.17 pct, Mexico IPC down 1.2 pct By Lucas Iberico-Lozada SAO PAULO, Aug 15 - Brazilian stocks fell on Thursday as a slew of weak second-quarter earnings results for local companies drove the country's benchmark Boves
SAO PAULO, Aug 14 - Brazilian state-led electricity utility Eletrobras posted an 87.7 percent drop in second-quarter net profit as it continued to struggle with the effects of a government plan to reduce rates for consumers.