Bank of America (NYSE:BaC) Says Least Regulated Brazilian Utilities will Outperform Peers

Responding to comments from Bank of America (NYSE:BaC) that utilities in Brazil which are less regulated will outperform their peers because of “better pricing trends,” Cia. Energetica de Minas Gerais responded by leading the Brazilian utility sector in gains.Other stocks in the sector also advanced, with Tractebel Energia SA rising to a record close for them, increasing 2.3 percent to 26.95

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Bank of America (NYSE:BaC) Says Least Regulated Brazilian Utilities will Outperform Peers

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