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Cielo SA (CIEL3.SA)

CIEL3.SA on Sao Paulo Stock Exchange

7.45BRL
3:54pm BST
Change (% chg)

R$ -0.17 (-2.23%)
Prev Close
R$ 7.62
Open
R$ 7.54
Day's High
R$ 7.57
Day's Low
R$ 7.43
Volume
2,296,500
Avg. Vol
18,153,274
52-wk High
R$ 15.46
52-wk Low
R$ 6.25

Latest Key Developments (Source: Significant Developments)

Brazil's Card Services Co Cielo Offers To Buy Back All Senior Notes Due On 2022- Filing
Friday, 24 May 2019 

May 24 (Reuters) - Cielo SA ::BRAZIL'S CARD SERVICES CO CIELO OFFERS TO BUY BACK ALL SENIOR NOTES DUE ON 2022- FILING.CIELO'S TENDER OFFER FOR AROUND $875 MILLION IN BONDS TO EXPIRE ON JUNE 20- FILING.BRAZIL'S CIELO TO SELL 3 BILLION REAIS IN BONDS IN LOCAL MARKET TO FUND REPROFILING OF DEBT- FILING.  Full Article

Brazilian Card Processor Cielo Appoints Gustavo Sousa As New CFO, Replacing Clovis Poggetti- Filing
Friday, 15 Mar 2019 

March 15 (Reuters) - Cielo SA ::BRAZILIAN CARD PROCESSOR CIELO APPOINTS GUSTAVO SOUSA AS NEW CFO, REPLACING CLOVIS POGGETTI- FILING.  Full Article

Brazilian Antitrust Watchdog Cade To Investigate Anticompetitive Practices In Financial Markets- Statement
Wednesday, 5 Dec 2018 

Dec 5 (Reuters) - :BRAZILIAN ANTITRUST WATCHDOG CADE TO INVESTIGATE ANTICOMPETITIVE PRACTICES IN FINANCIAL MARKETS, PAYMENT SERVICES- STATEMENT.BRAZIL'S CADE SAYS VERTICAL GROUPS IN FINANCIAL MARKETS RESTRICT COMPETITION.BRAZIL'S ANTITRUST WATCHDOG CADE DOES NOT MENTION ANY COMPANY IN INVESTIGATION OF ANTICOMPETITIVE PRICES IN FINANCIAL MARKETS.  Full Article

Santander Brasil CEO Rial says bank will open up to 300 new branches in two years
Wednesday, 31 Oct 2018 

Oct 31 (Reuters) - Cielo SA ::SANTANDER BRASIL CEO RIAL SAYS BANK MAY LAUNCH NEW PRODUCTS RELATED TO LOANS TO INDIVIDUALS.SANTANDER BRASIL CEO RIAL SAYS BANK WILL LAUNCH UP TO 300 NEW BRANCHES IN TWO YEARS.SANTANDER BRASIL CEO RIAL SAYS BANK CONTINUES TO SEEK HIGHER RETURN ON EQUITY.SANTANDER BRASIL CEO RIAL EXPECTS DELINQUENCY RATES IN LOANS TO REMAIN STABLE OR FALL.  Full Article

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

Brazil's Itau focuses on growing payment app, less on card processing

SAO PAULO, Aug 13 Brazilian lender Itau Unibanco Holding SA is shifting its payment services strategy to focus on its most profitable segments, a senior executive told Reuters, as competition in the card processing business has weighed on fees.