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AES Tiete SA ADR (AESAY)

- OTCPK - Current
  • vireoman | Send Message 5 Jun

    What the heck got into $AESAY today? Up nearly 11% on 8x volume. Haven't found the cause yet.
    Reply
      • Power Hedge | Send Message 27 Mar 2014

        Could AES Tietê Be Forced To Cut Its Dividend? $AESAY http://seekingalpha.com/a/198hd
        Reply
          • vireoman | Send Message 18 Feb 2014

            $AESAY: The utility regulator has ordered the company to return 626 million to customers over four years after finding it overcharged them.
            Reply (1)
            • vireoman | Send Message 18 Feb 2014
              : That's $260.9M in gringo dollars, and explains much of today's 8% plunge.
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              Company Description
              AES Tiete S.A. generates electricity for consumption in the Brazilian State of Sao Paulo. The company generates electricity through hydroelectrics plants located on teh rivers Tiete, Grande and Pardo.
              Sector: Utilities
              Industry: Water Utilities
              Country: Brazil