Companhia Energetica de Minas Gerais SA, (NYSE:CIG) or Cemig, has linked up with Empresas Publicas de Medellin to participate in the Isagen privatization process, the Brazilian firm said in a statement late Friday. Companhia Energetica Minas Gerais (ADR) (NYSE:CIG) shares after opening at $5.78 moved to $5.78 on last trade day and at the end of the day closed at $5.54. Company price to sales ratio in past twelve months was calculated as 1.04 and price to cash ratio as 3.58. Companhia Energetica Minas Gerais (ADR) (NYSE:CIG) showed a negative weekly performance of -1.60%.
PPL Corporation (NYSE:PPL)‘s stock had its “equal weight” rating reaffirmed by research analysts at Morgan Stanley in a report released on Thursday, American Banking & Market News reports. PPL Corporation (NYSE:PPL) shares advanced 1.24% in last trading session and ended the day on $32.77. PPL return on equity ratio is recorded as 16.80% and its return on assets is 4.40%. PPL Corporation (NYSE:PPL) yearly performance is 13.86%.
Calpine Corporation (NYSE:CPN) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a report released on Friday, American Banking News reports. Calpine Corporation (NYSE:CPN) shares moved up 0.20% in last trading session and was closed at $20.48 while trading in range of $20.24 – $20.52 – Calpine Corporation (NYSE:CPN) year to date (YTD) performance is 4.97%.
TECO Energy (NYSE:TE) is making a nearly $1 billion bet that New Mexico will grow, and with that, the company sees plenty of opportunities here for growth. TECO Energy, Inc. (NYSE:TE) weekly performance is 3.61%. On last trading day company shares ended up $16.93. TECO Energy, Inc. (NYSE:TE) distance from 50-day simple moving average (SMA50) is 2.24%. Analysts mean target price for the company is $6.89.