|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||1.98 - 2.06|
|52-week range||1.95 - 3.84|
|PE ratio (TTM)||14.93|
|Forward dividend & yield||0.08 (3.76%)|
|1y target est||3.17|
Companhia Energetica de Minas Gerais' (CIG) third-quarter 2017 bottom-line results suffered from rise in operating expenses and equity method losses.
The No. 1 shareholder in Cia Energética de Minas Gerais SA has decided to oust Chief Executive Bernardo Alvarenga and three senior executives after the debt-laden power utility lost control of four dams and took too long to shed assets, two people directly involved in the matter said on Friday. The Brazilian sate of Minas state, which has 51 percent voting control of the utility known as Cemig, will announce the ouster of Alvarenga and three senior vice presidents after their replacements have been found, one of the people said.