Analysis
Petrobras Receives Investment From top Brazil Hedge Fund as “Stock is Cheap”
By Newsfeed/Bloomberg
RIO DE JANEIRO, BRAZIL - One of Brazil’s best-performing hedge funds has been scooping up the shares of state-controlled oil giant Petrobras.
Joao Braga...
Itaú’s Profit Rose 7.1 Percent in the First Quarter
By Newsfeed/Reuters
RIO DE JANEIRO, BRAZIL - Itaú Unibanco recorded a recurring profit (excluding extraordinary effects) of R$6.877 billion in the first quarter, 7.1 percent...
Embraer Commercial Planes Delivery in Q1 Minus 21.6 Percent
By Newsfeed/Reuters
RIO DE JANEIRO, BRAZIL - Brazil planemaker Embraer SA said on Friday that it delivered 11 commercial planes in the first quarter of...
Car Sales in Brazil Rise 12.2 Percent
By Newsfeed
RIO DE JANEIRO, BRAZIL - Motor vehicle sales in Brazil climbed 12.2 percent year-on-year from January to April. According to figures made public...
Brazilian Trade Slows Down Further in April, Surplus Exceeds US$6 Billion
By Newsfeed
RIO DE JANEIRO, BRAZIL - Brazil's trade balance recorded a surplus of US$6.061 billion in April, up by 2.3 percent from a year...