On 7 MAY 2014 Companhia Energetica Minas Gerais (ADR) (NYSE:CIG) has witnessed an increase in credit rating. Standard & Poor’s, has increased the credit rating of CIG to BB+ from BB in the global scale while increase is to brAA+ from brAA- in national scale. Stable outlook has been maintained for both scales. Companhia Energetica Minas Gerais (ADR) (NYSE:CIG) net profit margin is 27.60% and weekly performance is -1.38%. On last trading day company shares ended up $7.17. Analysts mean target price for the company is $4.86. Companhia Energetica Minas Gerais (ADR) (NYSE:CIG) distance from 50-day simple moving average (SMA50) is 10.94%.
Just Energy Group, Inc. Ordinary Shares (Canada) (NYSE:JE) announced results for its fiscal 2014 fourth quarter and year end. Record customer gross additions of 1,431,000, increased 2% from fiscal 2013 .Customer base growth of 5% year over year to 4.7 million .Strong National Home Services growth with installed base of 297,000, increased 22% year over year .Gross Margin of $565.6 million, increased 8% year over year .Just Energy Group, Inc. Ordinary Shares (Canada) (NYSE:JE) shares fell -9.64% in last trading session and ended the day on $7.22. Just Energy Group, Inc. Ordinary Shares (Canada) (NYSE:JE) quarterly performance is 8.41%.
Centrais Eletricas Brasileiras SA (ADR) (NYSE:EBR.B) stock is up; marking the third consecutive day the stock has increased. Centrais Eletricas Brasileiras SA (ADR) (NYSE:EBR.B) shares moved down -1.70% in last trading session and was closed at $4.62, while trading in range of $4.54 – $4.69. Centrais Eletricas Brasileiras SA (ADR) (NYSE:EBR.B) year to date (YTD) performance is 29.27%.
7 MAY 2014 EDENOR S.A. (ADR) (NYSE:EDN) is one of the companies that pushed the Utilities sector higher yesterday. Empresa Distribuidora y Comercializadora No was up $0.37 (3.7%) to $10.35 on heavy volume.EDENOR S.A. (ADR) (NYSE:EDN) ended the last trading day at $9.09. Company weekly volatility is calculated as 7.47% and price to cash ratio as 4.32. EDENOR S.A. (ADR) (NYSE:EDN) showed a negative weekly performance of -8.46%.