Brazil Market Report Headlines

Fri, Jul 18 2014

STXNEWS LATAM-Brazil's biggest banks agree to expand shared ATM network

Seven of Brazil's biggest banks said on Friday they had reached a deal to expand their shared ATM network, Banco24Horas.

Mon, Jul 14 2014

UPDATE 1-Brazil's Diniz family sells $538 mln stake in retailer GPA

SAO PAULO, July 14 - The founding family of Brazil's biggest retailer, GPA SA, sold almost all of its remaining stake in the company, now run by French group Casino, on Monday, raising 1.19 billion reais ($538 million).

Stocks, Markets 14 Jul 2014

Mon, Apr 28 2014

STXNEWS LATAM-Brazil car sales up 30 pct in April so far -industry

Sales of new vehicles in Brazil have climbed about 30 percent so far this month from the same period of March, the president of national carmakers group Anfavea told journalists on Monday.

Stocks, Markets 28 Apr 2014

Wed, Mar 12 2014

STXNEWS LATAM-Brazil's Aegea seeks to become publicly listed company

Aegea Saneamento e Participações, a Brazilian sanitation company, on Wednesday asked securities regulator CVM for permission to register as a publicly listed company, a step that often precedes issuance of new debt or shares.

Wed, Mar 5 2014

STXNEWS LATAM-Batista companies extend test in Brazil offshore field

Brazilian tycoon Eike Batista's bankrupt shipmaker and sister oil company are extending tests in the offshore Tubarão Azul field until March 7, according to a Wednesday securities filing.

Markets, Stocks 05 Mar 2014

Tue, Feb 25 2014

STXNEWS LATAM-Brazil's Azul seeks to become publicly listed company

Azul Linhas Aereas Brasileiras SA, Brazil's third-largest airline, on Tuesday asked securities industry watchdog CVM for permission to register as a publicly listed company, a step that often precedes issuance of new debt or shares.

Fri, Jan 24 2014

EMERGING MARKETS-Global currency selloff drags Latam stocks to 4-1/2-year low

SAO PAULO, Jan 24 - Global emerging market stocks plunged on Friday as a worldwide currency selloff, worries over slower growth in China and a roll-back of U.S. monetary stimulus took Latin American stocks to a 4-1/2-year low.

EMERGING MARKETS-Latam stocks at 4-year low in emerging markets selloff

* Brazil Bovespa down 1.62 pct, Mexico IPC falls 1.58 pct By Asher Levine SAO PAULO, Jan 24 - Latin American stocks tumbled to their lowest level in 4-1/2 years on Friday as investors dumped shares of banks and commodities producers amid a global sell-off of emerging markets securities and currencies. The MSCI Latin American stock index fell 2.37 percent to 2,910.06, its lowest level since July 2009. Emerging markets stocks and currencies, and to a lesser extent bonds,

Thu, Jan 23 2014

EMERGING MARKETS-Brazil stock index plunges on China data, Pimco report

MEXICO CITY, Jan 23 - Commodities producers drove Brazil's benchmark Bovespa stock index down on Thursday following weak manufacturing data from top trade partner China and a critical assessment of Brazil's economic policy from top bond fund manager Pimco.

Stocks, Markets, Financials 23 Jan 2014

EMERGING MARKETS-Brazil stock index slips on China data, homebuilders rise

* Brazil Bovespa falls 0.56 pct, Mexico IPC down 0.66 pct SAO PAULO, Jan 23 - Commodities producers drove Brazil's benchmark Bovespa stock index lower on Thursday following weak manufacturing data from top trade partner China, though homebuilders lent support. Mexico's IPC index erased the previous session's gains, while Chile's bourse climbed for the second straight session. Activity in China's factory sector contracted in January for the first time in six months, a preli

Stocks, Markets, Financials 23 Jan 2014
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Key retirements mean a changing of the guard next year in U.S. Congress

Regardless what voters decide in the November elections, there will be a major changing of the guard next year in the U.S. Congress as result of a number of key retirements.