Brazilian government expects to announce power companies bailout in May- ministry [Reuters]
IBERDROLA SA S/ADR (IBDRY)
NASDAQ:AMEX Investor Relations:
iberdrola.com/shareholders-investors
Company Research
Source: Reuters
Brazilian government expects to announce power companies bailout in May- ministry SAO PAULO, April 20 (Reuters) - The Brazilian government expects to announce details of a bailout to power companies next month, Mines and Energy Ministry Secretary Rodrigo Limp told Reuters on Monday. While industry lobby groups have mentioned the power companies would need up to 17 billion reais ($3.2 billion) in credit, Limp said there is no final decision about the size of the bailout needed. A presidential decree earlier this month has allowed the pass-through of the credit cost to consumers in the tariff. Limp said consumers would pay over the long term, and the cost would be deferred up to five years. Private sector and state-controlled banks are discussing the details of the credit, Limp said. In addition to the drop in demand for electricity, power companies are complaining of potential higher delinquency rates after power regulator Aneel forbade service cuts for three months to residential and
Show less
Read more
Impact Snapshot
Event Time:
IBDRY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
IBDRY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
IBDRY alerts
High impacting IBERDROLA SA S/ADR news events
Weekly update
A roundup of the hottest topics
IBDRY
News
- Siemens Gamesa wins $1.3B wind turbine order from Iberdrola's ScottishPower [Seeking Alpha]Seeking Alpha
- Massachusetts ratepayers to pay extra $512M for transmission line for Canadian hydropower [Financial Post (Toronto, Ontario, Canada)]Financial Post
- UK's Energy Industry Divided in Battle for Free Electricity [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Iberdrola S.A. (IBDSF) Q3 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Iberdrola S.A. 2024 Q3 - Results - Earnings Call Presentation [Seeking Alpha]Seeking Alpha
IBDRY
Analyst Actions
- 9/19/24 - Barclays PLC