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Cielo SA (CIEL3.SA)

CIEL3.SA on Sao Paulo Stock Exchange

19.03BRL
18 Apr 2018
Change (% chg)

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Prev Close
R$ 19.03
Open
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Day's High
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Volume
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Avg. Vol
6,505,018
52-wk High
R$ 28.31
52-wk Low
R$ 18.55

Latest Key Developments (Source: Significant Developments)

Cielo CEO Gouveia Says Larger Brazilian Card Processing Firms Target Higher Profitability, New Firms Look To Gain Market Share
Thursday, 1 Feb 2018 

Feb 1 (Reuters) - Cielo Sa ::BRAZIL'S CIELO POSTS FOURTH-QUARTER NET INCOME OF 1.04 BILLION REAIS (THOMSON REUTERS CONSENSUS: 1.094 BILLION REAIS).BRAZIL'S CIELO MISSES ESTIMATES WITH FOURTH-QUARTER EBITDA OF 1.3 BILLION REAIS (THOMSON REUTERS CONSENSUS: 1.664 BILLION REAIS).BRAZIL'S CIELO CEO EDUARDO GOUVEIA SAYS CO GUIDANCE FOR 2018 ASSUME PROBABLE LOSS OF MARKET SHARE.CIELO CEO GOUVEIA SAYS LARGER BRAZILIAN CARD PROCESSING FIRMS TARGET HIGHER PROFITABILITY, NEW FIRMS LOOK TO GAIN MARKET SHARE.  Full Article

Cielo to increase its stake in Multidisplay to 91.44 pct
Tuesday, 5 Jul 2016 

Cielo SA :Announced on Monday that it would increase its stake in Multidisplay Comercio e Servicos Tecnologicos SA to 91.44 percent from 50.01 percent, with an investment of 82.7 million Brazilian reais ($25.1 million).  Full Article

Brazil caps debit card fees, may limit them further

BRASILIA Brazil on Monday announced a cap on debit card fees paid by businesses to card issuers and left the door open to curbing them further, in a move to enhance consumer protections at the expense of an increasingly concentrated banking sector.