Vale SA (VALE3.SA)
R$ 1.24 (+2.16%)
|Market Cap(Mil.):||R$ 303,011.81|
FLORIANOPOLIS, Brazil, Sept 11 Brazil's Belo Monte hydroelectric dam does not require new capital expenditures and will soon report stable cash flow and pay dividends to shareholders, a director at pension fund Petros said on Tuesday, adding that shareholders are unlikely to sell it in the short term.
FLORIANOPOLIS, Brazil, Sept 11 Brazilian holding company Bradespar SA, one of the largest shareholders in miner Vale SA, and Litel Participações SA, a holding company owned by pension funds, are trying to settle a dispute over Vale shares with Elétron SA, a holding company controlled by banker Daniel Dantas, a pension fund executive said on Tuesday.
FLORIANOPOLIS, Brazil, Sept 10 Brazilian infrastructure operator Invepar should focus on refinancing its substantial debt load instead of pursuing an immediate sale, the chief executive of pension fund Previ, one of Invepar's key investors, said on Monday.
SAO PAULO The chief executive officer of Brazil's Vale SA, the world's largest iron ore producer, said in an interview published on Sunday that the company would ramp up annual production to 450 million tonnes only when prices rise.
SAO PAULO, Aug 26 The chief executive officer of Brazil's Vale SA, the world's largest iron ore producer, said in an interview published on Sunday that the company would ramp up annual production to 450 million tonnes only when prices rise.
SAO PAULO, Aug 21 Brazilian holding company Bradespar SA said on Tuesday in a securities filing that it has reached an agreement to postpone an award payment to another Vale SA's shareholder, Eletron SA , to Aug. 30.
SAO PAULO, Aug 17 Holding company Litel Participações SA, which holds the stakes Brazilian pension funds have in miner Vale SA, has issued 2.5 billion reais ($639 million) in commercial paper, the company said in a securities filing on Friday.
(Recasts with currency gains, updates prices) SAO PAULO, Aug 14 Latin American equities mounted a second day of a comeback on Tuesday as the region shook off the impact of panic selling in Turkey's lira, while the currencies of Mexico, Brazil and Argentina rebounded from the global battering. After a three-week drubbing, the lira pulled out of a nosedive after the country's finance minister sought to reassure investors. The Argentine peso climbed after that country's c
SAO PAULO, Aug 14 Latin American equities rebounded moderately on Tuesday, as Turkey's lira currency pulled out of a nosedive, reversing a broader emerging markets selloff for the time being. After a three-week drubbing, the lira rallied 5 percent as the country's finance minister sought to reassure investors concerned by President Tayyip Erdogan's resistance to interest rate hikes and his general control of the economy. Brazil's benchmark Bovespa index climbed 0.71 perc
SAO PAULO, Aug 13 Brazilian holding company Bradespar SA, one of the largest shareholders in miner Vale SA, announced a 2.4 billion real ($616 million) commercial paper sale on Monday, and a source with knowledge of the matter said the company plans to use proceeds to pay for a large court award in a dispute with other Vale shareholders.
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