Portugal Telecom SGPS SA (PTC.LS)
6 Dec 2013
|Market Cap (Mil.):||€2,922.63|
|Shares Outstanding (Mil.):||896.51|
* Oi-Portugal Telecom merger to create stronger competitor
* Revenues from Brazil hit by currency depreciation (Adds revenues in Portugal, Brazil, operating costs)
LISBON, Nov 13 - Portugal Telecom (PT) posted on Wednesday a 66 percent fall in third-quarter net profit, pressured by a struggling economy at home, and both higher costs of its Brazilian operations as well as the currency impact there.
RIO DE JANEIRO, Nov 7 - Brazil's Grupo Oi SA , now considering a proposed merger with Portugal Telecom, in a regulatory filing Thursday said the transaction will go ahead only if the Portuguese company's stake in the merged group falls within the percentage established in their pending agreement.
SAO PAULO/RIO DE JANEIRO - Brazilian telecom companies saw profits slip in the third quarter as sales growth flattened and costly turnaround efforts got little traction, according to a Reuters survey of analysts.
* Sold at 3.48 euros a share - 2.8 pct discount to Wednesday's close
LISBON, Oct 24 - Portugal's state-owned bank Caixa Geral de Depositos on Thursday sold its outstanding 6.11 percent stake in Portugal Telecom in a private sale at 3.48 euros a share and expects to pocket 190.6 million euros from the operation, CGD said.
* Track record of winning customers, cutting costs, deals
Oct 3 - (The following statement was released by the rating agency)
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Earnings vs. Estimates
Analyst Research Reports
Provider: Pechala's Reports
Portugal Telecom SGPS SA: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
Validea Guru Analysis Report for PT. Analysis using Validea's interpretation of the published quantitative strategies of well-known Wall Street experts including Peter Lynch, Warren Buffett, Ben Graham and Ken Fisher, among others.
Provider: Ford Investor Services, Inc.
Provider: Alpha Street Research
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