Companhia de Saneamento Basico do Estado de Sao Paulo ADR (SBS) News
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SBS News Highlights
- For SBS, its 30 day story count is now at 3.
- Over the past 9 days, the trend for SBS's stories per day has been choppy and unclear. It has oscillated between 1 and 1.
- GOLD are the most mentioned tickers in articles about SBS.
Latest SBS News From Around the Web
Below are the latest news stories about COMPANHIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO-SABESP that investors may wish to consider to help them evaluate SBS as an investment opportunity.
Companhia De Saneamento Basico Do Estado De Sao Paulo (SBS): A Closer Look at Its ValuationIs the Brazilian water and waste management company modestly overvalued? |
Latin America’s Biggest Water Utility Gears Up for Privatization(Bloomberg) -- Latin America’s largest water utility is getting ready for a public share sale next year that would see Sao Paulo’s state government give up control, according to the company’s chief executive officer. Most Read from BloombergIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesBonds Sink, S&P 500 Snaps Four-Day Losing Streak: Markets WrapIndia-Canada Clash Should Be a Wake-Up CallCostco Offers Members $29 Online Health Care VisitsChinese Gold Buying Is Dr |
Energy & Utilities Roundup: Market TalkGain insight on Fortis (Canada), Northland Power, Cameco, and more in the latest Market Talks covering Energy and Utilities. |
Companhia De Saneamento Basico Do Estado De Sao Paulo: A Good Outperformance Potential with a ...Companhia De Saneamento Basico Do Estado De Sao Paulo (NYSE:SBS), a leading player in the Utilities - Regulated industry, has been making waves in the stock market. With a market cap of $7.81 billion, SBS has a GF Score of 86 out of 100, indicating good outperformance potential. The Financial Strength of SBS is ranked at 5/10. |
Sao Paulo government to privatize Sabesp water utility but keep stakeBrazilian state-run water utility Sabesp will be partially privatized through the sale of shares, Sao Paulo state Governor Tarcisio de Freitas said on Monday, adding that the state will maintain a minority stake. The plan aims to add additional 10 billion reais in investments and generate around 66 billion reais ($13.97 billion) by 2029 for the utility, Freitas said during an event. In March, Freitas said the state would hire the World Bank's International Finance Corporation for privatization studies, which is expected to take place in 2024. |
Sao Paulo govt to hire World Bank to study privatizing water utilitySao Paulo's state government will hire the World Bank's International Finance Corporation (IFC) in the next few days for studies on the possible privatization of state water utility Sabesp, Governor Tarcisio de Freitas said on Friday. "The privatization of Sabesp is a very complex matter," Tarcisio told Reuters after attending an event in Rio de Janeiro. |
Why Petrobras and Other Brazilian Stocks Are Rocking TodayOver the weekend, the South American nation held the first round of its 2022 presidential election, and former President Luiz Inacio Lula da Silva was ahead in the polling -- and investors are cheering. As of 10:45 a.m. ET Monday, shares of Brazilian oil giant Petroleo Brasileiro (NYSE: PBR) (NYSE: PBR.A) (aka Petrobras) were up 12.4%, while electric and gas utility Companhia Energetica de Minas Gerais (NYSE: CIG) had gained 14.6%, and water utility Companhia de Saneamento Basico do Estado de Sao Paulo (NYSE: SBS) (aka "Sabesp") was leading the whole Brazilian stock market higher with a 22.5% gain. |