Friday, April 13, 2007

CEZ, Iberdrola Added to `Most Preferred' Utilities List at Merrill Lynch

(Bloomberg) -- CEZ AS and Iberdrola SA were added to a list of ``most preferred'' utilities stocks at Merrill Lynch & Co., reflecting the expected growth of the electricity market in central Europe and Iberdrola's purchase of a British power company, Merrill said.

The investment bank added the companies to its April list of preferred utility stocks, replacing Gaz de France SA and Germany's RWE AG, according to a Merrill report dated April 11. Centrica Plc and Enagas SA remain on the list.


Read more at Bloomberg Energy News

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