Aug. 6, 2012, 3:59 PM
Feb. 13, 2012, 3:59 PMUBS starts coverage on AES Corp. (AES +1.9%) with a Buy rating and $15 price target, noting it expects the operator of utilities and wholesale power generators to "handsomely outperform its commodity-driven peers in the near term," as recently-appointed CEO Andres Gluski seeks to trim less profitable businesses and aggressively cut costs. | Comment!
Jan. 23, 2012, 8:53 AM
Jan. 17, 2012, 10:46 AMThe continuing decline in natural gas (off 6.9% today) and resultant fall in electricity prices is shelving alternative energy projects from NextEra (NEE), Exelon (EXC), and CMS, but Michael Morris of American Electric Power (AEP) warns about becoming too dependent on gas. "The way to make $4 gas, $8 gas is for everyone to go out and build ... natural-gas plants." | 5 Comments
Jul. 8, 2011, 9:01 AMTelecom Italia (TI -3.3%) is acquiring Brazilian fiber optic network owner AES Atimus, a unit of American power company AES, for approximately $1B. Telecom Italia, which already controls Brazil's 3rd-largest wireless carrier, expects the AES Atimus deal to "provide savings worth 1 billion Brazilian reais [$641M] over three years." | Comment!
AES vs. ETF Alternatives
The AES Corporation is a power generation and utility company. The Company operates in two business lines; Generation & Utilities; through its six market-oriented Strategic Business Units in United States, Andes, Brazil, MCAC, EMEA and Asia.
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