Cielo SA (CIEL3.SA)
R$ -0.85 (-2.91%)
|Market Cap(Mil.):||R$ 66,199.73|
By Michael O'Boyle and Miguel Gutierrez MEXICO CITY, Nov 9 Mexico's peso fell on Wednesday after Republican Donald Trump won the U.S. presidency in a stunning upset, chasing away investors fearful of new policies that could hurt growth in Latin America's second biggest economy. Trump's threats to dump the North American Free Trade Agreement with Mexico and Canada and to tax money sent home by Mexican migrants to pay for a border wall have made the peso vulnerable to events i
SAO PAULO, Nov 9 Competition in Brazil's credit and debit card processing markets will continue to be fierce in coming months, although pricing is unlikely to suffer, executives at Cielo SA, the country's largest provider of payment services, said on Wednesday.
SAO PAULO Cielo SA beat third-quarter profit estimates on Tuesday, after Brazil's largest card payment processor cut costs and expenses to offset the impact of a harsh recession that weighed on revenue and transaction volumes.
SAO PAULO, Nov 8 Cielo SA beat third-quarter profit estimates on Tuesday, after Brazil's largest card payment processor cut costs and expenses to offset the impact of a harsh recession that weighed on revenue and transaction volumes.
SAO PAULO, Nov 8 Cielo SA, Brazil's largest card payment processor, beat third-quarter profit estimates on Tuesday, reflecting stringent cost and expense controls that helped offset the impact of a decline in revenue.
BRASILIA, Oct 14 Cielo SA chief executive Rômulo Dias will step down to join the executive board of Banco Bradesco SA, according to the companies on Friday.
SAO PAULO, Aug 2 Cielo SA raised estimates on cost and expense growth for this year, reflecting resilient transaction volumes for Brazil's largest card payment processor in spite of the nation's harshest recession in over eight decades.
SAO PAULO, Aug 1 Cielo SA posted second-quarter net income of 989 million reais ($303 million), slightly above a consensus estimate of 978 million reais compiled by Thomson Reuters, as transaction volumes for Brazil's No. 1 credit card processor grew despite the harshest recession in decades.
* Announced on Monday that it would increase its stake in Multidisplay Comercio e Servicos Tecnologicos SA to 91.44 percent from 50.01 percent, with an investment of 82.7 million Brazilian reais ($25.1 million)