Powerful storm knocks out power to 1.4 million homes in Brazil's largest city [Financial Post (Toronto, Ontario, Canada)]
The AES Corporation (AES)
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Source: Financial Post
SAO PAULO (AP) — Around 1.4 million households in Sao Paulo, Brazil, were without power on Saturday almost 24 hours after a brief but powerful storm swept through South America's largest metropolis. At least seven people were killed. Officials in Sao Paulo state said that record wind gusts Friday night of up to 67 mph (108 kph) knocked down transmission lines and uprooted trees, causing severe damage in some parts. The storm also shut down several airports and interrupted water service in several areas, according to the state government. One person died when a tree fell on an outdoor stall, authorities said. At least six other people in surrounding Sao Paulo state also died. Authorities originally expected to restore power within a few hours. But several neighborhoods in the metropolitan area, which is home to 21 million people, were still in the dark on Saturday, and authorities were urging residents to limit their consumption of water. Most of the disruptions were in the
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News
- The AES Co. (NYSE: AES) was upgraded by analysts at Hsbc Global Res to a "strong-buy" rating.MarketBeat
- Why AES (AES) is a Top Value Stock for the Long-Term [Yahoo! Finance]Yahoo! Finance
- The AES Co. (NYSE: AES) had its price target lowered by analysts at Barclays PLC from $23.00 to $17.00. They now have an "overweight" rating on the stock.MarketBeat
- The AES Co. (NYSE: AES) is now covered by analysts at HSBC Holdings plc. They set a "buy" rating and a $17.00 price target on the stock.MarketBeat
- Here's Why AES (AES) is a Strong Momentum Stock [Yahoo! Finance]Yahoo! Finance
AES
Earnings
- 10/31/24 - Beat
AES
Sec Filings
- 12/6/24 - Form 8-K
- 12/5/24 - Form 424B2
- 12/4/24 - Form FWP
- AES's page on the SEC website