Electric Utilities: PG&E Corporation (NYSE:PCG), AES Corp (NYSE:AES), FirstEnergy (NYSE:FE), Companhia Energetica Minas Gerais (NYSE:CIG)

PG&E Corp. (NYSE:PCG) announced after the close Thursday that it expects the U.S. government to file criminal charges against its utility unit over the fatal 2010 gas pipeline explosion and fire in San Bruno, California. PG&E Corporation (NYSE:PCG) shares after opening at $41.90 moved to $42.57 on last trade day and at the end of the day closed at $41.89. Company price to sales ratio in past twelve months was calculated as 1.23 and price to cash ratio as 64.78. PG&E Corporation (NYSE:PCG) showed a negative weekly performance of -4.60%.

AES Corporation (NYSE:AES) the leading manufacturer of private wireless communications equipment, announced the first public showing of two new tools that boost user efficiencies and reduce installation time associated with deploying and supporting AES-IntelliNet fire and burglary alarm communications solutions. AES Corp (NYSE:AES) shares advanced 1.93% in last trading session and ended the day on $14.29. AES Corp (NYSE:AES) return on equity ratio is recorded as 4.20% and its return on assets is 0.50%. AES Corp (NYSE:AES) yearly performance is 17.61%.

Mon Power, a subsidiary of FirstEnergy Corp. (NYSE:FE), is installing new conductors on a 138,000-volt transmission line near Morgantown to increase capacity, enhance service reliability to existing customers and handle future load growth in the Monongalia County area. FirstEnergy Corp. (NYSE:FE) shares moved up 1.58% in last trading session and was closed at $34.08, while trading in range of $33.43 – $34.08. FirstEnergy Corp. (NYSE:FE) year to date (YTD) performance is 4.54%.

Companhia Energetica Minas Gerais (ADR) (NYSE:CIG) had its stock coverage assumed at Goldman Sachs Group Inc (NYSE:GS). The firm assigned buy rating on the stock. That positive rating of the stock came hot on the heels of the upgrade from Zacks, where analysts at Zacks assigned neutral on the stock from underperform. Zacks has $8.25 price target on CIG. Companhia Energetica Minas Gerais (ADR) (NYSE:CIG) weekly performance is 14.09%. On last trading day company shares ended up $6.80. Companhia Energetica Minas Gerais (ADR) (NYSE:CIG) distance from 50-day simple moving average (SMA50) is 18.73%. Analysts mean target price for the company is $4.73.

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