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Cielo SA (CIEL3.SA)

CIEL3.SA on Sao Paulo Stock Exchange

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Thu, May 3 2018

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.

Cielo to expand partnerships with Brazilian banks and retailers

SAO PAULO, May 3 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.

UPDATE 1-Brazil's Cielo misses analysts' estimates as competition toughens

SAO PAULO, May 2 Cielo SA, Brazil's largest payments solutions firm, reported on Wednesday a recurring net income of 932 million reais ($262.42 million) in the first quarter, missing Thomson Reuters analyst consensus as the company faces increasingly tough competition from newcomers.

Brazil's Cielo misses analysts' estimate for profit in Q1

SAO PAULO, May 2 Cielo SA, Brazil's largest payments solutions firm, reported on Wednesday a recurring net income of 932 million reais ($262 million) in the first quarter, missing Thomson Reuters analyst consensus, as revenues decreased.

MOVES-UOL, controlling shareholder of PagSeguro, hires former Cielo CEO

SAO PAULO, March 9 Universo Online SA, the parent company of payment solutions company PagSeguro Digital Ltd, appointed on Friday as Chief Executive Officer Rômulo Dias, former CEO at Brazil's largest credit card processor, Cielo SA.

UPDATE 1-Brazil's Cielo revenue falls as competition increases

SAO PAULO, Feb 1 Cielo SA, Brazil's largest payments solutions firm, had a 2.7 percent fall in net revenue in the fourth quarter over the prior year, as competition increased and the government tightened regulation on credit card processing firms.

BRIEF-Cielo CEO Gouveia Says Larger Brazilian Card Processing Firms Target Higher Profitability, New Firms Look To Gain Market Share

* BRAZIL'S CIELO POSTS FOURTH-QUARTER NET INCOME OF 1.04 BILLION REAIS (THOMSON REUTERS CONSENSUS: 1.094 BILLION REAIS)

Exclusive: Brazil credit card processor Stone plans New York IPO - sources

SAO PAULO Brazilian credit card processor Stone Pagamentos SA is planning its initial public offering in New York by the second half of the year to raise funds to compete with larger rivals Cielo SA and the Rede division of Itaú Unibanco Holding SA , three people with knowledge of the matter said.

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