AES Corp. (AES) CEO Gluski Sees Slowing in Brazil, 'Robust' Growth in Chile

August 6, 2012 10:11 AM EDT Send to a Friend
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AES Corp. (NYSE: AES) shares are ticking slightly higher Monday following comments by CEO Andres Gluski on the company's conference call. Gluski said the company saw $65 million of cost savings in 2012. He also noted expectations for slower GDP growth in Brazil while growth in Chile remains "robust."

Shares are down 3.1 percent on the session. AES reported second quarter 2012 results earlier, with EPS missing by nine cents.


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