Cielo SA (CIEL3.SA)
17 Aug 2018
R$ -0.31 (-2.07%)
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
Feb 1 (Reuters) - Cielo Sa
SAO PAULO, July 31 Shares in Brazilian card processor Cielo SA tumbled 10 percent on Tuesday, their steepest one-day decline in eight years, a day after the company reported earnings that missed analysts' expectations due to fierce competition.