Edition:
United States

Cielo SA (CIEL3.SA)

CIEL3.SA on Sao Paulo Stock Exchange

14.67BRL
17 Aug 2018
Change (% chg)

R$ -0.31 (-2.07%)
Prev Close
R$ 14.98
Open
R$ 14.85
Day's High
R$ 15.00
Day's Low
R$ 14.64
Volume
3,786,500
Avg. Vol
7,004,679
52-wk High
R$ 28.31
52-wk Low
R$ 13.04

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

UPDATE 2-Brazil card processor Cielo extends losses after profit miss

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.