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Cielo SA (CIEL3.SA)

CIEL3.SA on Sao Paulo Stock Exchange

7.26BRL
19 Aug 2019
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R$ 7.26
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Thu, Aug 8 2019

UPDATE 2-Banco do Brasil CEO rules out sale of stake in Cielo

SAO PAULO, Aug 8 Banco do Brasil SA is not considering selling its stake in Cielo SA, the state-controlled lender's chief executive of said on Thursday, sending shares of the card processor down more than 2%.

Banco do Brasil denies talks to sell its Cielo stake -filing

SAO PAULO, Aug 5 State-controlled Brazilian lender Banco do Brasil SA said on Monday it is not in talks to sell its stake in card processor Cielo SA, according to a securities filing.

Banco do Brasil mulls sale of stake in card processor Cielo -report

SAO PAULO, Aug 1 Shares in the Brazilian card processor Cielo SA rose more than 15% on Thursday after newspaper O Estado de S. Paulo reported Banco do Brasil SA was considering selling its stake in the company.

CEO of Cielo says competitiveness would improve if it were self-funding

SAO PAULO, July 24 Brazilian card processor Cielo SA would be more competitive if it had its own sources of funding to finance merchants, company Chief Executive Paulo Caffarelli told journalists on Wednesday.

Brazil card processor Cielo misses profit estimates as costs surge

SAO PAULO Brazilian card processor Cielo SA on Tuesday posted a 33% drop in second-quarter profit from a year earlier, missing analysts' estimates, as operating expenses surged and revenues fell amid fierce competition in the sector.

UPDATE 1-Brazil card processor Cielo misses profit estimates as costs surge

SAO PAULO, July 23 Brazilian card processor Cielo SA on Tuesday posted a 33% drop in second-quarter profit from a year earlier, missing analysts' estimates, as operating expenses surged and revenues fell amid fierce competition in the sector.

Brazil's Cielo misses profit estimates as operating expenses surge

SAO PAULO, July 23 Brazilian card processor Cielo SA on Tuesday posted a 33.3% drop in second-quarter profit from a year earlier, missing analysts' estimates, as operating expenses surged.

Brazil's Cielo cutting costs to face fiercely competitive market

SAO PAULO, July 15 Brazil's largest credit card processor, Cielo SA, is tightening its belt amid fierce competition with rivals like PagSeguro Digital Ltd and StoneCo Ltd to boost profitability and free up money for new products.

Brazil's Cielo cut dividend payout so it could invest more - CEO

SAO PAULO, May 25 Brazilian card processor Cielo SA's dividend cut, which it announced on Friday, is intended to give it room to raise capital expenditure in a competitive market, Chief Executive Officer Paulo Caffarelli said.

Brazilian card processor Cielo cancels 2019 profit guidance

SAO PAULO, May 24 Brazilian card payment processor Cielo has canceled net profit guidance for 2019 it published in January without releasing any new guidance, the company said in a securities filing on Friday.

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