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	<title>Stock Blog Hub &#187; CIG</title>
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	<description>Start Your Investing Research Here!</description>
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		<title>(VE) Are Utility Stocks A Good Bet in 2012?</title>
		<link>http://www.stockbloghub.com/2012/01/08/ve-are-utility-stocks-a-good-bet-in-2012/89850</link>
		<comments>http://www.stockbloghub.com/2012/01/08/ve-are-utility-stocks-a-good-bet-in-2012/89850#comments</comments>
		<pubDate>Mon, 09 Jan 2012 04:43:57 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Foreign Utilities]]></category>
		<category><![CDATA[Utilities]]></category>
		<category><![CDATA[AES]]></category>
		<category><![CDATA[Centerpoint Energy Inc.]]></category>
		<category><![CDATA[CIG]]></category>
		<category><![CDATA[CNP]]></category>
		<category><![CDATA[Comp Energ Cemig Ads]]></category>
		<category><![CDATA[Consolidated Edison Inc.]]></category>
		<category><![CDATA[ED]]></category>
		<category><![CDATA[FE]]></category>
		<category><![CDATA[Firstenergy Corporation]]></category>
		<category><![CDATA[Hawaiian Electric Industries Inc]]></category>
		<category><![CDATA[HE]]></category>
		<category><![CDATA[NI]]></category>
		<category><![CDATA[Nisource Inc.]]></category>
		<category><![CDATA[OGE]]></category>
		<category><![CDATA[OGE Energy Corporation]]></category>
		<category><![CDATA[OKE]]></category>
		<category><![CDATA[ONEOK Inc]]></category>
		<category><![CDATA[Pepco Holdings Inc.]]></category>
		<category><![CDATA[PGN]]></category>
		<category><![CDATA[Pinnacle West Capital Corporation]]></category>
		<category><![CDATA[PNW]]></category>
		<category><![CDATA[POM]]></category>
		<category><![CDATA[Progress Energy Inc.]]></category>
		<category><![CDATA[Southern Union Company]]></category>
		<category><![CDATA[SUG]]></category>
		<category><![CDATA[The AES Corporation]]></category>
		<category><![CDATA[VE]]></category>
		<category><![CDATA[Veolia Environnement SA]]></category>
		<category><![CDATA[WEC]]></category>
		<category><![CDATA[Wisconsin Energy Corporation]]></category>
		<category><![CDATA[Xcel Energy Inc.]]></category>
		<category><![CDATA[XEL]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=89850</guid>
		<description><![CDATA[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 U.S. Federal Reserve to reduce its growth forecast, raising projections for unemployment and leaning on buying more mortgage debt to tide over a troubled economy. The year has been hard on investors with major indexes registering low performances. The European debt crisis that plagued the markets last year will continue to worry investors in the coming period. In such a scenario we are hopeful about dividend paying utilities acting as a proxy to the asset classes of treasury bonds and gold. Utilities’ usefulness in an investor’s portfolio in ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/01/08/ve-are-utility-stocks-a-good-bet-in-2012/89850/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(ELP) Companhia Paranaense de Energia Wins Approval for Tariff Adjustment</title>
		<link>http://www.stockbloghub.com/2011/07/05/elp-companhia-paranaense-de-energia-wins-approval-for-tariff-adjustment/78378</link>
		<comments>http://www.stockbloghub.com/2011/07/05/elp-companhia-paranaense-de-energia-wins-approval-for-tariff-adjustment/78378#comments</comments>
		<pubDate>Wed, 06 Jul 2011 00:04:18 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Electric Utilities]]></category>
		<category><![CDATA[Utilities]]></category>
		<category><![CDATA[CIG]]></category>
		<category><![CDATA[Comp Energ Cemig Ads]]></category>
		<category><![CDATA[Companhia Paranaense de Energia]]></category>
		<category><![CDATA[ELP]]></category>
		<category><![CDATA[Enersis S.A.]]></category>
		<category><![CDATA[ENI]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=78378</guid>
		<description><![CDATA[Companhia Paranaense de Energia (ELP), also known as COPEL, recently announced that the company has been granted approval for an average tariff adjustment of 5.55% by the National Electric Power Agency (ANEEL), Brazil’s Electricity Regulatory Agency. The company also added that the tariff adjustment was approved through a resolution 1,158 of June 21, 2011 and includes annual adjustment of 5.77% and (0.22%) related to the relevant financial components. The 5.55% tariff adjustment will have 2.99% average effect on captive consumers. We believe Brazil’s economic outlook is strongly-favorable for the electric utility company as the country is investing to improve its infrastructure and power generation capabilities. In accordance with the company’s recently announced capital investment plans for 2011, R$1,024.8 million was allocated for generation and transmission, R$933.3 million for distribution, and ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/07/05/elp-companhia-paranaense-de-energia-wins-approval-for-tariff-adjustment/78378/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(CIG) Companhia Energetica de Minas Gerais Analyst Neutral on Shares</title>
		<link>http://www.stockbloghub.com/2011/06/29/cig-companhia-energetica-de-minas-gerais-analyst-neutral-on-shares/77719</link>
		<comments>http://www.stockbloghub.com/2011/06/29/cig-companhia-energetica-de-minas-gerais-analyst-neutral-on-shares/77719#comments</comments>
		<pubDate>Wed, 29 Jun 2011 15:37:16 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Electric Utilities]]></category>
		<category><![CDATA[Utilities]]></category>
		<category><![CDATA[CIG]]></category>
		<category><![CDATA[Comp Energ Cemig Ads]]></category>
		<category><![CDATA[Companhia Paranaense de Energia]]></category>
		<category><![CDATA[ELP]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77719</guid>
		<description><![CDATA[We recently maintained a Neutral recommendation on Companhia Energetica de Minas Gerais (CIG), also known as CEMIG, one of the largest integrated electric utilities in Brazil. The company has more than 6,896 megawatts of installed generation capacity. With the global economy reviving from the recent crisis, economic growth in emerging countries is noticeable. Brazil, for instance, is one country that stands at an advantageous position making huge investments in infrastructure and power generation capabilities. Presumably, the economic recovery in Brazil will prove to be extremely efficacious in promoting growth for CEMIG. Demand for electricity in the country, which is already on the rise would probably get a boost as the country hosts two major sporting events in the coming years. Moreover, CEMIG’s location in the important state of Minas Gerais ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/29/cig-companhia-energetica-de-minas-gerais-analyst-neutral-on-shares/77719/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(ELP) Companhia Paranaense de Energia Downgraded to Neutral</title>
		<link>http://www.stockbloghub.com/2011/06/27/elp-companhia-paranaense-de-energia-downgraded-to-neutral/77591</link>
		<comments>http://www.stockbloghub.com/2011/06/27/elp-companhia-paranaense-de-energia-downgraded-to-neutral/77591#comments</comments>
		<pubDate>Mon, 27 Jun 2011 18:53:00 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Electric Utilities]]></category>
		<category><![CDATA[Utilities]]></category>
		<category><![CDATA[CIG]]></category>
		<category><![CDATA[Comp Energ Cemig Ads]]></category>
		<category><![CDATA[Companhia Paranaense de Energia]]></category>
		<category><![CDATA[ELP]]></category>
		<category><![CDATA[Enersis S.A.]]></category>
		<category><![CDATA[ENI]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77591</guid>
		<description><![CDATA[We recently downgraded our recommendation on Companhia Paranaense de Energia (ELP), also known as COPEL, from Outperform to Neutral. Copel is one of the leading Brazilian electric utility companies, which accounts for approximately 7% of total electricity production in the country. With the gradual recovery of the global economy, demand for electricity is seen to be rising, especially in emerging countries like Brazil. The country’s economic outlook is strongly-favorable for the electric utility company as Brazil is investing to improve its infrastructure and power generation capabilities. According to the Ministry of Mines and Energy&#8217;s (MME) ten-year plan through 2019, energy consumption in Brazil is expected to rise by 5.9% annually with hydroelectric plants being the main source of power. A decision has been taken to raise Brazil’s total installed capacity ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/27/elp-companhia-paranaense-de-energia-downgraded-to-neutral/77591/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(CIG) Companhia Energetica de Minas Gerais Guides for 2011-2015</title>
		<link>http://www.stockbloghub.com/2011/06/26/cig-companhia-energetica-de-minas-gerais-guides-for-2011-2015/77481</link>
		<comments>http://www.stockbloghub.com/2011/06/26/cig-companhia-energetica-de-minas-gerais-guides-for-2011-2015/77481#comments</comments>
		<pubDate>Sun, 26 Jun 2011 16:43:48 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Electric Utilities]]></category>
		<category><![CDATA[Utilities]]></category>
		<category><![CDATA[CIG]]></category>
		<category><![CDATA[Comp Energ Cemig Ads]]></category>
		<category><![CDATA[Companhia Paranaense de Energia]]></category>
		<category><![CDATA[ELP]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77481</guid>
		<description><![CDATA[Companhia Energetica de Minas Gerais (CIG), also known as CEMIG, recently announced its financial guidance for the period 2011-2015. The company&#8217;s distribution unit, CEMIG D is expected to post healthy results in the years ahead. Energy distribution in the retail market (captive market) is expected to escalate from an estimated 23.2-24.3 TWh range in 2011 to 25.9-28.5 TWh range in 2015; while its total energy distribution (Captive+Free) is likely to rise from 42.7-44.8 TWh range expected in 2011 to 48.8-53.8 TWh in 2015. It is anticipated that CEMIG GT, the company&#8217;s energy generation unit, would generate over 40.1 TWh of energy in the fiscal year 2011. This includes over 4.2 TWh secured through participation in the secondary energy market. Generation in 2015 is estimated to be roughly 36.1 TWh after ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/26/cig-companhia-energetica-de-minas-gerais-guides-for-2011-2015/77481/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AEE) Ameren Analysts Upgrade Shares to Outperform</title>
		<link>http://www.stockbloghub.com/2010/11/02/aee-ameren-analysts-upgrade-shares-to-outperform/55617</link>
		<comments>http://www.stockbloghub.com/2010/11/02/aee-ameren-analysts-upgrade-shares-to-outperform/55617#comments</comments>
		<pubDate>Tue, 02 Nov 2010 20:55:17 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Utilities]]></category>
		<category><![CDATA[Utilities]]></category>
		<category><![CDATA[AEE]]></category>
		<category><![CDATA[Ameren Corporation]]></category>
		<category><![CDATA[CIG]]></category>
		<category><![CDATA[Comp Energ Cemig Ads]]></category>
		<category><![CDATA[CPFL Energia S.A.]]></category>
		<category><![CDATA[CPL]]></category>
		<category><![CDATA[DTE]]></category>
		<category><![CDATA[DTE Energy Company]]></category>
		<category><![CDATA[PPL]]></category>
		<category><![CDATA[PPL Corporation]]></category>
		<category><![CDATA[upgrade]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=55617</guid>
		<description><![CDATA[We recently upgraded our recommendation for Ameren Corporation (AEE) from Neutral to Outperform. Ameren’s stable and regulated electric power operations in the Midwest generate a relatively stable and growing earnings stream. Future growth will be guided by improved plant operations, a focus on cost management, allowed an ROE of 10% (Missouri and Illinois), a recovering economy boosting industrial sales, and installation of emissions reduction equipment (scrubbers) at its generation plants. In light of the recovering economy, Ameren is focused on developing the electric transmission infrastructure in its service area (Missouri and Illinois) through investments worth $3 billion over the next 10 to 15 years. The first in line is the ambitious $1.3 billion Grand Rivers project, a 345 KV line across the state of Illinois from the Missouri border to ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/11/02/aee-ameren-analysts-upgrade-shares-to-outperform/55617/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(CIG) Companhia Energetica de Minas Gerais Depends on Sales Volume</title>
		<link>http://www.stockbloghub.com/2010/03/29/cig-companhia-energetica-de-minas-gerais-depends-on-sales-volume/31717</link>
		<comments>http://www.stockbloghub.com/2010/03/29/cig-companhia-energetica-de-minas-gerais-depends-on-sales-volume/31717#comments</comments>
		<pubDate>Mon, 29 Mar 2010 21:24:02 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Electric Utilities]]></category>
		<category><![CDATA[Utilities]]></category>
		<category><![CDATA[CIG]]></category>
		<category><![CDATA[Comp Energ Cemig Ads]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=31717</guid>
		<description><![CDATA[Recently, Companhia Energetica de Minas Gerais, or CEMIG (CIG) posted results for the fourth quarter and year 2009. Net income for the quarter was R$434 million (US$248 million), up from R$246 million (US$107.4 million) in the same quarter of 2008 based on a 22.0% increase in net revenues during the quarter. EPS was R$0.70 or 40 cents compared to R$0.57 or 25 cents in the same quarter of 2008. Reported EPADR also surpassed the Zacks Consensus Estimate of 37 cents. Net revenues reached R$3,370 million (US$1,925.7 million), up from R$2,754 million (US$1,202.6 million) in the fourth quarter of 2008. The increase was due to the 7.0 % rise in total sales volume. Operating expenses during the quarter increased 23.0% year over year, mainly due to higher personnel expenses and the ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(ELP) Companhia Paranaense de Energia Posted Positive Results</title>
		<link>http://www.stockbloghub.com/2009/08/27/elp-companhia-paranaense-de-energia-posted-positive-results/13612</link>
		<comments>http://www.stockbloghub.com/2009/08/27/elp-companhia-paranaense-de-energia-posted-positive-results/13612#comments</comments>
		<pubDate>Thu, 27 Aug 2009 21:06:42 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Electric Utilities]]></category>
		<category><![CDATA[Utilities]]></category>
		<category><![CDATA[CIG]]></category>
		<category><![CDATA[Comp Energ Cemig Ads]]></category>
		<category><![CDATA[Companhia Paranaense de Energi]]></category>
		<category><![CDATA[ELP]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=13612</guid>
		<description><![CDATA[Last week, Companhia Paranaense de Energia &#8211; COPEL (ELP), posted positive results for the second quarter with a 5.9% increase in revenues (in Brazilian reals). The company has a strong balance sheet with net debt of just R$136 million (US$28 million) at the end of the quarter. Net income was down 18.9% year over year (in Brazilian reals). The result reflects the slower growth in the market in comparison to the year-ago period due to the impact of the economic crisis on industrial customers. Residential consumption increased 5.1%, industrial consumption was down 4.8% in the captive market, commercial segment consumption rose 7.3% and rural consumption was up 7.8%. But, power consumption by free customers fell 16.9% year over year due to decrease in power demand from free customers. Commercial, residential ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/08/27/elp-companhia-paranaense-de-energia-posted-positive-results/13612/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(VIV) Latin American Markets &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2009/06/18/viv-latin-american-markets-industry-outlook-2/8549</link>
		<comments>http://www.stockbloghub.com/2009/06/18/viv-latin-american-markets-industry-outlook-2/8549#comments</comments>
		<pubDate>Thu, 18 Jun 2009 23:33:55 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[Wireless Communications]]></category>
		<category><![CDATA[Cemex S.A.B. de C.V.]]></category>
		<category><![CDATA[CIG]]></category>
		<category><![CDATA[Comp Energ Cemig Ads]]></category>
		<category><![CDATA[CX]]></category>
		<category><![CDATA[Gafisa S.A.]]></category>
		<category><![CDATA[Gerdau S.A.]]></category>
		<category><![CDATA[GFA]]></category>
		<category><![CDATA[GGB]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[Telecomunicacoes de Sao Paulo]]></category>
		<category><![CDATA[TSP]]></category>
		<category><![CDATA[VIV]]></category>
		<category><![CDATA[Vivo Participacoes S.A.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=8549</guid>
		<description><![CDATA[We have been saying since the end of 2008 that emerging markets in general &#8212; and Latin American in particular &#8212; would outperform more developed markets such as the U.S., Europe and Japan. Indeed it has been our mantra in the past few months. Now this view has become the consensus and Brazil seems to be one of the more interesting places for equity investments. The so-called BRIC nations (Brazil, Russia, India and China) have been outperforming the market. Through June 10, 2009, according to The Economist, Brazil is up 70.5%, Russia is up 77.5%, China is up 65.9% and India is up 65.3% (all in U.S. dollar terms). In the same period, the Emerging Markets MSCI was up 39.2%, World MSCI was up just 10.3% and the S&#38;P 500 ]]></description>
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