Foreign Utilities

(SBS) Companhia de Saneamento Básico do Estado de São Paulo Approves Share Count Hike

Companhia de Saneamento Básico do Estado de São Paulo– SABESP (SBS), a leading provider of basic and environmental sanitation services based in Brazil, kept its shareholders and other interested parties informed about the latest...

15Jan2013 | | Comments Off on (SBS) Companhia de Saneamento Básico do Estado de São Paulo Approves Share Count Hike | Continued

(SBS) BMC Software’s ITSM Finds More Takers

Australia’s Special Broadcasting Service (SBS) recently opted for BMC Software’s (BMC) IT Service Management (ITSM) solution. According to the contract, BMC is expected to provide its technical expertise so that the company can...

18Sep2012 | | Comments Off on (SBS) BMC Software’s ITSM Finds More Takers | Continued

(SBS) SABESP – ADR – Bull of the Day

We believe Sao Paulo, Brazil-based utility SABESP – ADR (SBS) will gain momentum and continue to work for its long-term target of providing 1.3 million new water connections and 1.7 million sewage connections by 2019. Satisfactory...

5Sep2012 | | Comments Off on (SBS) SABESP – ADR – Bull of the Day | Continued

(VE) Are Utility Stocks A Good Bet in 2012?

U.S.electric utility segment includes electric, natural gas pipeline and distributors, water, and independent power producers. The segment was among the most stable sectors in fiscal 2011 in terms of return.

Fiscal 2011 witnessed continued volatility from the European debt crisis leading the...

8Jan2012 | | 0 comments | Continued

(SBS) Companhia de Saneamento Basico do Estado de São Paulo Downgraded to Underperform

We recently downgraded our recommendation on Companhia de Saneamento Basico do Estado de São Paulo, or SABESP (SBS) from Neutral to Underperform. SABESP is a public water and sewage services provider in the State of Sao Paulo, Brazil.

The...

30Jun2011 | | 0 comments | Continued

(SBS) Top-Forecast Utilities Stocks Rated by ValuEngine.com

Below, we present the latest data on the Utilities Sector from our Institutional software package (VEI).  We applied some basic liquidity criteria–share price greater than $3 and average daily volume in excess of 100k shares.  Utilities–along with Medical Sector tickers-have come to...

25May2011 | | 0 comments | Continued

(VE) Veolia Environnement S.A. to Recycle Water for Plains Exploration & Production

Veolia Water, the water division of Veolia Environnement S.A. (VE), has been selected to design, build and operate a 45,000 barrel- per-day (Bbls/d) produced water reclamation facility in California for Plains Exploration &...

14Apr2011 | | 0 comments | Continued

(SBS) Companhia de Saneamento Basico do Estado de São Paulo Downgraded to Neutral

We recently downgraded our rating for Companhia de Saneamento Basico do Estado de São Paulo, or SABESP (SBS) from Outperform to Neutral.

The company is a public water and sewage services provider in the State of São Paulo,...

9Apr2011 | | 0 comments | Continued

(SBS) Companhia de Saneamento Basico do Estado de Sao Paulo 3Q Soars – Short of Estimate

Sao Paulo, Brazil-based Companhia de Saneamento Basico do Estado de Sao Paulo, or SABESP’s (SBS) net income for the third quarter 2010 jumped a 129.8% year over year to R$449.8 million (US$255.6 million), or R$1.97 per share (US$2.24...

15Nov2010 | | 0 comments | Continued

(KEP) Korea Electric Power Reports Net Loss for First Nine Months of 2010

State-run utility behemoth Korea Electric Power Corporation (KEP) incurred a net loss of KRW51 billion (USD$45.3 million) for the first nine months of 2010, a decrease of 117.7%, compared with a net income of KRW289 billion (USD$256.8...

25Oct2010 | | 0 comments | Continued

(KEP) Korea Electric Power Company Reports Loss From Costs

State-run utility behemoth Korea Electric Power Corporation (KEP), in the first half of 2010 Incorporatedurred a net operating loss of KRW2.3 trillion (USD$1.9 billion), an increase of 53.2%, compared with a net operating loss of KRW1.5...

2Aug2010 | | 0 comments | Continued

(SBS) SABESP Earnings Results Beat Estimates

Companhia de Saneamento Basico do Estado de Sao Paulo (SBS), or SABESP reported encouraging results for first quarter of 2010, with 6.0% year-over-year growth in net operating revenues and 13.4% growth in net income.

Reported...

24May2010 | | 0 comments | Continued

(SBS) Companhia de Saneamento Basico do Estado de Sao Paulo Posts Solid 2009 Results

Companhia de Saneamento Basico do Estado de Sao Paulo, or SABESP (SBS), reported encouraging results for the fourth quarter and full-year 2009.

During the quarter, net income increased to R$457.3 million (US$104.1...

31Mar2010 | | 0 comments | Continued

(CPL) CPFL Energia S.A. – Bull of the Day

We are maintaining our Outperform rating on CPFL Energia S.A. (CPL). The company posted in-line results for the third quarter of 2009, despite non-recurring items.

The company’s outlook for the short-to-medium term remains...

8Feb2010 | | 0 comments | Continued

(KEP) Korea Electric Power Wins United Arab Emirates Deal

Korea Electric Power Corp. (KEP) led consortium has won a $20.4 billion contract for developing a civilian nuclear program for the United Arab Emirates. Other members of the Korea Electric Power consortium are Hyundai Engineering and...

28Dec2009 | | 0 comments | Continued

(CPL) CPFL Energia – Bull of the Day

We are maintaining our Outperform rating on CPFL Energia (CPL). The company posted in-line results for the third quarter of 2009, despite non-recurring items.

The company’s outlook for the medium-term remains positive,...

19Nov2009 | | 0 comments | Continued

(SBS) Companhia de Saneamento Basico do Estado de Sao Paulo Maintains Outperform Rating

Yesterday before market opened, Companhia de Saneamento Basico do Estado de Sao Paulo – SABESP (SBS), one of the largest water and sewage service providers in the world based on the number of customers, announced encouraging...

18Nov2009 | | 0 comments | Continued

(CPL) CPFL Energia S.A. Posted In-Line Earnings Results

Yesterday before market opened, CPFL Energia S.A. (CPL) reported results for the third quarter of 2009. The company posted in-line results for the third quarter of 2009, despite non-recurring items.

Net operating revenue increased...

14Nov2009 | | 0 comments | Continued

(SBS) Sabesp – Surprised by 101.86% in the Second Quarter

Sabesp (SBS) is seeing revenue growth as it expands its infrastructure. The stock is cheap. SBS is trading at just 6.8x forward earnings.

Company Description

Sabesp supplies water services and sewage...

28Oct2009 | | 0 comments | Continued

(SBS) Tariff Adjustment to Benefit Companhia de Saneamento Basico do Estado de Sao Paulo

Earlier last week, Companhia de Saneamento Basico do Estado de São Paulo, or SABESP (SBS), declared that the Sao Paulo State Sanitation and Energy Regulatory Agency (ARSESP) approved the tariff readjustment index of 4.43% over water and sewage tariffs as of Sept...

27Aug2009 | | 0 comments | Continued