Company Overview and News
After a win in the Oct.-22 midterm elections, President Mauricio Macri unveiled reforms to trim a fiscal deficit seen ending 2017 at about 4% of gross domestic product. The result: Macri will spend less on a subsidy that natural gas drillers depended on for their shale projects. While new wells qualify, it’ll be tough for those in production to get the higher prices. (1-0)
Dan Loeb's 13F portfolio value increased 5.45% from $11.28B to $11.90B this quarter. The number of positions increased from 32 to 37. (1016-3)
BUENOS AIRES, Sept 25 (Reuters) - The government of Argentina is planning to suspend a price-setting system for domestic fuel sales next month thanks to the recent rise in global oil prices, the country’s energy and mining minister said Monday. (21-0)
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BRASILIA (Reuters) - Brazilian prosecutors intend to open a formal investigation into last year's controversial sale of the Argentine subsidiary of Petrobras, Brazil's state-controlled oil company, a lawyer representing some Petrobras shareholders said on Wednesday.
BLACKROCK LATIN AMERICAN INVESTMENT TRUST PLC (LEI: UK9OG5Q0CYUDFGRX4151) All information is at 31 July 2017 and unaudited. Performance at month end with net income reinvested
BLACKROCK LATIN AMERICAN INVESTMENT TRUST PLC (LEI: UK9OG5Q0CYUDFGRX4151) All information is at 31 May 2017 and unaudited. Performance at month end with net income reinvested
Tulsa-based midstream player SemGroup Corporation (SEMG - Free Report) recently clinched a $2.1 billion deal to acquire Houston Fuel Oil Terminal Co from investment funds managed by Alinda Capital Partners. The agreement will advance Semgroup’s Gulf-Coast strategy. Notably, this is the biggest acquisition deal signed by the company to date. The deal will provide the company with ownership of one of the largest U.
The Company’s investment objective is to achieve long-term capital growth from investment in companies operating in Frontier Markets or whose stocks are listed on the Stock Markets of such countries.
Companhia Paranaense de Energia (ELP - Free Report) or COPEL reported impressive first-quarter 2017 results, with net income surging 206.6% year over year to R$417.3 million ($132.9 million). Earnings per share were R$1.50 or 48 cents per American Depository Receipt (ADR), up from R$0.49 per share or 13 cents per ADR. Revenues Net operating revenue in the quarter totaled R$3,297 million ($1,050 million), reflecting year-over-year growth of 7%.
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*The Company’s yield based on dividends announced in the last 12 months as at the date of the release of this announcement is 3.6% and includes the 2016 final dividend of 4.00 cents per share declared on 22 November 2016 and paid to shareholders on 17 February 2017 and the 2016 interim dividend of 2.60 cents per share announced on 16 May 2016 and paid to shareholders on 1 July 2016.
CenterPoint Energy Inc. (CNP - Free Report) hit a new 52-week high of $28.24 on Apr 17. The stock delivered a one-year return of about 34.5%, while the S&P 500 gained 10.5% over the same time frame. Over the past one year, CenterPoint Energy’s share price has ranged from a low of $20.46 to a high of $28.24. Average volume of shares traded over the last three months is approximately 3 million. Factors that Back the Rise CenterPoint Energy reported positive earnings surprise in two out of the last four quarters, resulting in a positive average surprise of 0.
Spark Energy, Inc. (SPKE - Free Report) was a big mover last session, as the company saw its shares rise over 9% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This continues the recent uptrend for the company, as the stock is now up 37.4% in the past one-month time frame.
Pampa Energia S.A. (PAM - Free Report) has been on the move lately as the stock has risen by 16.8% in the past four weeks, and it is currently trading well above its 20-Day SMA. This is a pretty solid move higher, but the question that has to be on investors’ minds right now is; can this trend continue?
2017-12-11 - Wilton
2017-12-11 - Wilton
2017-12-03 - Wilton
2017-11-27 - Wilton