Cyrela Brazil Realty SA Empreendimentos e Participacoes (CYRE3.SA)
26 Oct 2016
|Market Cap(Mil.):||R$ 4,337.21|
SAO PAULO, Aug 10 Brazilian homebuilder Cyrela Brazil Realty SA expects sales cancellations to persist through 2016, it said on Wednesday in a sign that the highest borrowing costs in a decade are preventing customers from securing mortgages.
SAO PAULO, Aug 10 Cyrela Brazil Realty SA , Brazil's largest listed homebuilder, on Wednesday said sales cancellations are not expected to drop before year-end due to high interest rates' impact on home buyers' ability to secure mortgages.
SAO PAULO, Aug 9 Cyrela Brazil Realty SA , Brazil's biggest listed homebuilder, missed second-quarter profit estimates on Tuesday as expenses soared and a credit crunch affecting homebuyers intensified amid the nation's harshest recession in decades.
SAO PAULO, Aug 9 Cyrela Brazil Realty SA , Brazil's biggest listed homebuilder, missed second-quarter profit estimates on Tuesday as revenue fell and expenses rose amid the nation's harshest recession in decades.
SAO PAULO, July 1 Cyrela Brazil Realty SA could generate no free cash flow this year, as Brazil's largest listed homebuilder struggles with the impact of cancellations and the harshest real estate market in decades, a senior executive said on Monday.