Our Man In Rio

Japanese Tsunami is heading this way

23 May 2013 @ 18:52
I am up early for Brazil and as I look out at the financial markets I see a tidal wave of markets crashing, all heading towards me.. ….and there is nothing I can do, but wait till it hits Brazil and BOVESPA when it opens later today..! As I write, Nikkei -7.3%, DAX  -2.5%, CAC […]
 

Espírito Santo Investment Bank - Telefonica

09 May 2013 @ 21:12
Espírito Santo Investment Bank The Portuguese Investment Bank, Espirito Santo Investment Bank reported on the results performed by Spanish telecommunications company Telefonica (BOV: VIVT4), in the first quarter of this year. Telefónica Brazil, the Brazilian arm of the Spanish company, increased its net revenues in 2.9%. The Investment Bank’s report says that the Telefonica Brazil had...
 

Vale receives new environmental license

30 Apr 2013 @ 22:18
This new license will allow Vale (BOV:VALE5) to operate a rail terminal of Ponta da Madeira Valle (BOV:VALE5) reported on Monday that it had received an environmental license for operation (LO) of Ponta da Madeira rail terminal, in Maranhão, which was issued by the State Department of Environment. According to the statement, the terminal is […]
 

Banco Itaú (ITUB4) has possibly lost four more executives

18 Apr 2013 @ 19:50
A day of changes for Banco Itaú (BOV: ITUB4). It has been suggested that Marcelo Marangon, Executive Director of Banco Itaú, has reportedly left along with four other members of the Board of Directors: Andre Cury, Antonio Sanches, Paulo di Paula Abreu and Jorge Bedran Jettar. This could represents the end to its international dreams, Marangon […]
 

Eike Batista is having a good week

09 Mar 2013 @ 00:56
It’s been very wet in Rio this week … Airport closed due to flooding and general transport chaos..! Someone I expect is not unhappy though is Eike Batista Eike Batista is involved in many companies here in Brazil and the actions of the some of his companies is having a positive impact on the others […]
 

The Brazilian economy is still growing … Just ..!

02 Mar 2013 @ 04:06
The Brazilian economy is still growing … Just ..! Gross domestic product (GDP) grew 0.9% during the year according to (IBGE) the Brazilian Institute of Geography and Statistics. It had been expected to / predicted to grow by 4.5% growth. Dilma Rousseff our President is to get things going with tax cuts and low interest […]
 

Some good advice…..2012 assessment

14 Feb 2013 @ 22:42
Have you evaluated the return on your investments during 2012? I have always been told to check things make sure etc. One way and something I do is review my investment of the past year. This way  I can adjust what I am doing: decrease my exposure in some asset classes, for example, fixed income, […]
 

Carnival is over.. it was a good one

14 Feb 2013 @ 04:41
Today the The Brazilian Stock exchange (BOVESPA) operates special trading hours and trading in the markets opened at 01:00 pm. The Central Bank releases its Focus Report and the Ministry of development presents the balance of trade for the week. In the USA, the Commerce Department publishes the retail sales numbers, durable and non-durable good.  […]
 

MPXE3 Thermoelectric Plant near Porto do Itaqui

06 Feb 2013 @ 03:06
MPX (BOV:MPXE3) can start to operate commercially the Thermoelectric plant near Porto do Itaqui, The news is good for anyone who has invested in MPX (BOV:MPXE3), the National Electric Energy Agency (Aneel) has authorized the beginning of commercial operation of the thermoelectric plant at the port of Itaqui.  With this approval of the Declaration of […]
 

X marked a bad spot on Ibovespa

31 Jan 2013 @ 22:46
X marked a bad spot this week for companies with an X in their name..! Companies X stock plummet! After a more positive start to the year, the Ibovespa (BOV:IBOV) index takes a dive and one of the biggest recorded for the Ibovespa index (BOV:IBOV).  OGX Petróleo (OGXP3)  fell 8%,  MPX Energia (BOV:MPXE3) down 8.3%,  […]
 
  • Jump to a different page:
  • 1
  • 2
 
Do you want to write for our Newspaper? Get in touch: newspaper@advfn.com

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20191115 18:51:24