Gafisa SA (GFA.N)
22 Jul 2014
|Market Cap (Mil.):||$714.48|
|Shares Outstanding (Mil.):||217.78|
SAO PAULO, May 14 - Brazilian homebuilder MRV Engenharia e Participacoes SA missed profit expectations for the first quarter due in part to sales cancellations, although it managed to continue generating free cash flow while cutting debt.
SAO PAULO, May 12 - Brazilian homebuilder Gafisa SA posted a bigger-than-expected loss for the first quarter, weighed down by cancellations in its low-income Tenda division.
Brazilian homebuilder Gafisa SA launched 535.4 million reais ($238.5 million) worth of new projects in the first quarter of 2014, the company said in a securities filing late Tuesday, up from 196.7 million reais in the same period a year earlier.
SAO PAULO, March 14 - Shares of Brazilian homebuilder MRV Engenharia e Participacoes SA tumbled to their lowest level in seven months on Friday after the company posted a sharp drop in fourth quarter net income.
SAO PAULO, Feb 27 - Brazilian homebuilder Gafisa SA expects a measure of profit margin to rise by 2 percentage points this year as it continues to sell off older, less profitable projects, its chief executive officer said on Thursday.
SAO PAULO, Feb 27 - Brazilian homebuilder Gafisa SA expects a measure of profit margin to rise by 2 percentage points this year, Chief Executive Officer Duilio Calciolari told Reuters on Thursday.
SAO PAULO, Feb 26 - Brazilian homebuilder Gafisa SA swung to a profit in the fourth quarter from a year earlier, helped by the sale of a stake in its Alphaville high-end residential unit.
SAO PAULO, Feb 7 - Brazilian homebuilder Gafisa SA is looking to spin off its Tenda division, extending the group's divestitures after losing money for three years.
Feb 7 - Shares of Brazilian homebuilder Gafisa rose 4 percent on Friday on plans to separately list its Tenda division as part of the low-income unit's restart.
SAO PAULO, Feb 7 - The board of Brazilian homebuilder Gafisa SA approved a study into potentially spinning off its Tenda business as the "next step" toward creating value for its shareholders, the company said in a filing on Friday.
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