Latest News for Light Stock (OTC:LGSXY)

LIGHT S.A. ADR

Light SA is a Brazilian private-public utility of which the state-owned power company, CEMIG, wields a controlling stake. Headquartered in the city of Rio de Janeiro, Light primarily generates, distributes, and trades energy. To do this, the company owns and operates a portfolio of hydroelectric power plants that serve the Brazilian state of Rio de Janeiro. Light derives most of its revenue from the supplying of energy, with network usage and the construction of assets also bringing in substantial amounts of revenue. The vast majority of the company's customers are residential consumers. Larger commercial customers represent the second- largest group.

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LGSXY

Light SA Posts 16% Decline In Q1 Net Profit

Light SA

Light SA (OTC: <a class="ticker" href="/stock/lgsxy#OTC">LGSXY</a>) reported a 16% drop in its first-quarter net profit.

Light's quarterly net profit fell to 140 million Brazilian reais ($71.7 million), from BRL166 million, in the year-ago period. Its net revenue climbed 4.7% to BRL1.77 billion, from BRL1.69 billion.

Its earnings before interest, taxes, depreciation and amortization (EBITDA) declined to BRL434 million.

Light shares dropped 1.32% to close at $13.48 on Friday.

These Utilities stocks are trading higher:-Light ADR (LGSXY) stock is trading at $1.37, a gain of $0.09, or 6.95%, on high volume.  Light Sa ADR gets a Sentiment Score of Bullish from InvestorsObserver.  -Fluence Energy Inc (FLNC) stock is trading at $28.87, a gain of $1.42, or 4.7%, on average volume.  Fluence Energy Inc

Utilities Stocks Moving Up and Down Tuesday: LGSXY, FLNC, AMPS, NFE, HTOO, VIASP, AZRE, BEP

These Utilities stocks are trading higher:-Light ADR (LGSXY) stock is trading at $1.54, a gain of $0.05, or 3.36%, on moderate volume.  Light Sa ADR gets a Sentiment Score of Bullish from InvestorsObserver.  -Xcel Energy Inc (XEL) stock is trading at $64.42, an increase of $1.93, or 2.97%, on average volume.  XCEL Energy I

Utilities Stocks Making Moves Thursday: LGSXY, XEL, AES, EE, AZRE, HTOO, OGS, AQN

These Utilities stocks are trading higher:-Pampa Energia S.A. (PAM) stock is trading at $40.08, an increase of $2.2, or 5.73%, on low volume.  Pampa Energia S.A. ADR gets a Sentiment Score of Bearish from InvestorsObserver and receives an average analyst recommendation of Buy with a price target of $38.00.  -Central Puerto

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Latest News for Light Stock (OTC:LGSXY)

Monday, May 14, 2012