CashNews.co BRASILIA (Reuters) – Brazil’s government has bought back $2 billion of global bonds maturing between 2024 and 2041 to reduce its financing costs, the country’s Treasury said in a statement on Thursday. The government bought back the debt with funds raised from the sale of $3.5 billion of global bonds due 2045. The move […]
CashNews.co – By Jonathan Poland Telefonica Brasil SA (VIV) is Brazil’s largest telecommunications provider with approximately 75 million customers, 35 million of which are postpaid, the largest contract base in the country. With the stock down more than 35% since January, it is a bargain and could be both a short-term winner and long-term buy […]
CashNews.co Telefonica Brazil S.A. VIV is scheduled to report fourth-quarter 2018 financial results before the opening bell on Feb 20. In the last reported quarter, the company delivered a positive earnings surprise of 140%. Let’s find out how things are shaping up prior to the announcement. Factors to Consider Telefônica Brasil has been increasingly investing […]
CashNews.co Warren Buffett and his righthand man Charlie Munger regret not investing in Google (GOOG, GOOGL). “I don’t mind not having caught Amazon (AMZN) early,” Munger said at Berkshire Hathaway’s (BRK-A, BRK-B) annual shareholders meeting. Munger characterized Amazon founder Jeff Bezos as a “miracle worker” who evolved his business in ways no one could foresee. […]
CashNews.co UBS Group AG UBS and Banco Do Brasil SA formally announced that they have reached an understanding and are on track to sign a strategic agreement to form an investment banking joint venture. The venture — which will have a global presence — would provide investment banking and institutional securities brokerage services in Brazil, […]
CashNews.co Strong Progress on Strategic Review Initiative, Process Completed for Majority of the Portfolio Announcing New Share Repurchase Authorization BALTIMORE, Nov. 05, 2020 (GLOBE NEWSWIRE) — Laureate Education, Inc. (NASDAQ: LAUR) today announced financial results for the third quarter and nine months ended September 30, 2020. The Company also announced strong progress on its strategic […]
CashNews.co Announcement of Periodic Review: Moody’s announces completion of a periodic review of ratings of ICBC do Brasil Banco Multiplo S.A.Global Credit Research – 17 Feb 2021New York, February 17, 2021 — Moody’s Investors Service (“Moody’s”) has completed a periodic review of the ratings of ICBC do Brasil Banco Multiplo S.A. and other ratings that […]
CashNews.co Medical Marijuana, Inc. SAN DIEGO, CA, Feb. 24, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – Medical Marijuana, Inc. (OTC: MJNA) (the “Company”), the first-ever publicly traded cannabis company in the United States that launched the world’s first-ever cannabis-derived nutraceutical products, brands and supply chain, announced today that its subsidiary HempMeds® Brasil is sponsoring the […]
CashNews.co SAO PAULO (Reuters) – Telefonica Brasil said on Wednesday it estimates the assets acquired from Brazilian telecom Oi Movel will create 5.4 billion reais ($1.09 billion) in value. In a presentation the company, which operates in the country under the brand Vivo, said the figure refers to efficiencies in costs and investments and already […]
CashNews.co By Gram Slattery and Roberto Samora RIO DE JANEIRO (Reuters) – Brazil’s Petrobras posted a first-quarter net income that beat forecasts on Thursday, just minutes after Brazilian President Jair Bolsonaro railed against the state-run oil company’s profitability, saying its executives had no sympathy for ordinary people. In a securities filing, Petroleo Brasileiro SA, as […]