Cielo SA (CIEL3.SA)
25 Sep 2018
R$ -0.11 (-0.87%)
|Market Cap(Mil.):||R$ 59,036.39|
SAO PAULO, Sept 18 Brazil's largest payment processor, Cielo SA, will partner with wireless carriers Claro and TIM Participacoes SA to sell a new mobile phone that also functions as credit and debit card reader, a company executive said on Tuesday.
SAO PAULO, Sept 18 Brazil's largest payment processor, Cielo SA, will start selling mobile phones that also function as card reader machines in partnerships with carriers Claro and TIM Participacoes SA, executive vice-president Danilo Caffaro said on Tuesday .
BRASILIA, Sept 10 Brazilian payment processor Cielo SA will conclude the acquisition of a 70 percent stake in technology company Stelo SA this week, according to a securities filing on Monday.
SAO PAULO, July 31 Shares in Brazilian card processor Cielo SA tumbled 10 percent on Tuesday, their steepest one-day decline in eight years, a day after the company reported earnings that missed analysts' expectations due to fierce competition.
SAO PAULO, July 31 Shares in Brazilian card processor Cielo SA slid 7.2 percent in mid-afternoon trading in Sao Paulo after the company missed profit estimates amid fierce competition.
RIO DE JANEIRO, July 30 Cielo SA, Brazil's largest credit and debit card processor, missed analysts' second-quarter profit estimate on Monday as increased competition among payment solution companies hurt its margin.
RIO DE JANEIRO, July 30 Cielo SA, Brazil's largest card processor, said on Monday it would pay out 3.5 billion reais ($939.09 million) in dividends for the 2018 fiscal year.
SAO PAULO, July 13 Brazil's Cielo SA said it was considering various options to replace CEO Eduardo Gouveia after he resigned on Friday, just 18 months after taking the payment processor's helm, including potential candidates from banks that control it.
SAO PAULO, July 13 The chairman of Brazilin payment processor Cielo SA, Marcelo Noronha, told Reuters on Friday he will have daily calls with the interim chief executive and weekly meetings with the management team until a new CEO is named.
SAO PAULO Cielo SA , Brazil's largest payment processor, said on Thursday it will partner with banks and retailers to sell debit and credit card processing machines instead of renting them, in the face of increasing competition from newcomers.