Better Times Ahead For Cia Energetica DE Minas Gerais – Cemig ADR (NYSE: CIG)?

Cia Energetica DE Minas Gerais – Cemig ADR (CIG) concluded trading on Thursday at a closing price of $2.00, with 3.14 million shares of worth about $6.29 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 11.39% during that period and on November 28, […]

Investors Should Take Note Of Cia Energetica DE Minas Gerais – Cemig ADR (CIG)

Merrill Lynch International has recently announced that it has increased stake in Cia Energetica DE Minas Gerais – Cemig ADR (NYSE:CIG) by 290.31%. After grabbing 12.64 million shares, the institutional investor is now in possession of 9.41 million shares of the Utilities Company. The new investment brought the stake of investor firm to 0.86% having […]

Cia Energetica DE Minas Gerais – Cemig ADR (NYSE: CIG): Reassessing Prospects

Merrill Lynch International has recently announced that it has increased stake in Cia Energetica DE Minas Gerais – Cemig ADR (NYSE:CIG) by 290.31%. After grabbing 12.64 million shares, the institutional investor is now in possession of 9.41 million shares of the Utilities Company. The new investment brought the stake of investor firm to 0.86% having […]