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Companhia Brasileira de Distribuicao (PCAR4.SA)

PCAR4.SA on Sao Paulo Stock Exchange

72.50BRL
20 Apr 2018
Change (% chg)

R$ 0.00 (+0.00%)
Prev Close
R$ 72.50
Open
R$ 71.99
Day's High
R$ 72.68
Day's Low
R$ 71.38
Volume
716,800
Avg. Vol
908,416
52-wk High
R$ 81.39
52-wk Low
R$ 62.33

Latest Key Developments (Source: Significant Developments)

Casino says Q1 makes it confident over 2018 guidance
Tuesday, 17 Apr 2018 

April 17 (Reuters) - Casino CFO Antoine Giscard d'Estaing tells analysts::CFO SAYS STRONG Q1 SALES "GIVES US COMFORT OVER DETAILED GUDANCE FOR 2018 WE GAVE IN MARCH ".CFO DECLINES TO COMMENT MARKET CONSENSUS FOR 2018 EBIT.CFO SAYS EXPECTS END OF FOOD DEFLATION IN BRAZIL IN H2.  Full Article

Casino keeps 2018 goals, no talks with Amazon in Brazil
Tuesday, 17 Apr 2018 

April 17 (Reuters) - Casino CFO Antoine Giscard d'Estaing tells journalists during a call: :KEEPS ALL 2018 FINANCIAL GOALS - CFO.CFO SAYS SALE PROCESS FOR VIA VAREJO UNIT CONTINUES , NOTHING NEW TO REPORT AT THIS STAGE.CFO REITERATES EXPECTS FRENCH GEANT HYPERMARKETS TO BE PROFITABLE IN 2018.CFO SAYS THERE ARE NO DISCUSSIONS WITH AMAZON REGARDING VIA VAREJO IN BRAZIL.  Full Article

Brazil's CNova unit finishes internal investigation - GPA
Wednesday, 27 Jul 2016 

: Brazil's Companhia Brasileira de Distribuicao, also known as GPA SA , Brazil's largest retailer, said the internal investigation into the group's subsidiary CNova Brasil had finished . The investigation's findings regarding inflated sales, inconsistencies in reporting stocks and other irregular accounting has already prompted the Brazilian unit of CNova to lower its yearend financial statements stretching back to December 2013 . The administration of GPA recommends that it restate its yearend financial results for the past three years to reflect the adjustments to CNova NV's adjusted statements . The company said if approved by the board, it could result in a reduction of GPA's net income by 512 million reais as well as a reduction of its net worth of company assets by 304 million reais over the period Related story [nL2N1882DK] (Reporting by Reese Ewing) ((reese.ewing@thomsonreuters.com; +5511 98160-4173)) Keywords: P. ACUCAR CBD CNOVA/VIA VAREJO.  Full Article

UPDATE 1-Brazil's Natura poaches Embraer CFO

SAO PAULO, April 17 Brazilian cosmetics company Natura Cosmeticos SA poached the chief financial officer of Embraer SA on Tuesday, reinforcing its more global profile and draining senior talent from the planemaker in tie-up talks with Boeing Co, according to securities filings from the companies.