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Cielo SA (CIEL3.SA)

CIEL3.SA on Sao Paulo Stock Exchange

16.95BRL
18 May 2018
Change (% chg)

R$ -0.05 (-0.29%)
Prev Close
R$ 17.00
Open
R$ 16.87
Day's High
R$ 17.03
Day's Low
R$ 16.61
Volume
8,439,800
Avg. Vol
7,107,785
52-wk High
R$ 28.31
52-wk Low
R$ 16.61

Latest Key Developments (Source: Significant Developments)

Cielo CEO Gouveia Says Larger Brazilian Card Processing Firms Target Higher Profitability, New Firms Look To Gain Market Share
Thursday, 1 Feb 2018 05:06pm EST 

Feb 1 (Reuters) - Cielo Sa ::BRAZIL'S CIELO POSTS FOURTH-QUARTER NET INCOME OF 1.04 BILLION REAIS (THOMSON REUTERS CONSENSUS: 1.094 BILLION REAIS).BRAZIL'S CIELO MISSES ESTIMATES WITH FOURTH-QUARTER EBITDA OF 1.3 BILLION REAIS (THOMSON REUTERS CONSENSUS: 1.664 BILLION REAIS).BRAZIL'S CIELO CEO EDUARDO GOUVEIA SAYS CO GUIDANCE FOR 2018 ASSUME PROBABLE LOSS OF MARKET SHARE.CIELO CEO GOUVEIA SAYS LARGER BRAZILIAN CARD PROCESSING FIRMS TARGET HIGHER PROFITABILITY, NEW FIRMS LOOK TO GAIN MARKET SHARE.  Full Article

Cielo to increase its stake in Multidisplay to 91.44 pct
Tuesday, 5 Jul 2016 12:27pm EDT 

Cielo SA :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).  Full Article

Cielo to expand partnerships with Brazilian banks and retailers

SAO PAULO Cielo SA , Brazil's largest payment processor, said on Thursday it will partner with banks and retailers to sell debit and credit card processing machines instead of renting them, in the face of increasing competition from newcomers.