SAO PAULO, Nov 28 Shares in Brazil's biggest
lenders were down nearly 1% in early Thursday trading after the
country's monetary policy committee imposed a cap on interest
rates on overdraft credit, in a move likely to reduce their
BRASILIA, Oct 4 Brazilian supermarket sales rose
sharply in August and by some measures at the fastest pace in
five years, industry figures indicated on Friday, a sign that an
economic recovery may be strengthening.
SAO PAULO, Aug 20 Brazilian e-commerce company
B2W Companhia Digital will raise 2.5 billion reais
($618 million) in a share offering, the company said in a late
Monday notice to shareholders.
SAO PAULO Shares in Banco Inter SA surged more than 20% on Tuesday as the Brazilian online lender raised 1.25 billion reais ($329.73 million) in an offering largely sold to Japan's SoftBank Group Corp , boosting pressure on traditional banks.
SAO PAULO, July 11 Brazil's Banco Inter SA
has hired the investment banking units of Banco
Bradesco SA, Goldman Sachs & Co, Banco BTG Pactual, JPMorgan
Chase & Co, Banco Santander Brasil SA and Caixa Economica
Federal to manage a potential share offering that may reach up
to 1 billion reais ($267 million), it said in a securities
filing late on Wednesday.
SAO PAULO Shares in Brazilian electronics retailer Via Varejo have soared more than 30% this month with investors betting on the industry experience of the Klein family, which recently re-acquired control of the company.
SAO PAULO, April 18 Shares of Brazilian card
payment processors Cielo SA, PagSeguro Digital Ltd
and StoneCo Ltd fell sharply on Thursday after
rival Itaú Unibanco Holding SA's card-processing unit
cut interest rates for small- and medium-sized merchants.
SAO PAULO Brazilian retailers B2W and Magazine Luiza confirmed in filings on Wednesday they are considering the acquisition of online shoe retailer Netshoes Ltd.
SAO PAULO/BRASILIA, March 11 State-controlled
lender Banco do Brasil SA is seeking partnerships in
its asset management, investment banking and debt collector
units rather than listing these businesses, analysts said in
notes to clients on Monday.
RIO DE JANEIRO/SAO PAULO Investors were skeptical on Sunday about the surprise decision by Brazil's Vale SA to remove its high-profile chief executive in the wake of a deadly January accident at one of the world's largest iron ore miner's facilities.