Our Man In Rio

Brazilian Research   I get sent all kinds of research and documents from all over Brazil.  I recently received this which was produced by BTG Pactual which you might find interesting: Stick with the quality names, even if they aren’t a bargain. Switch to cheap/out-of-favor plays or stick with good/expensive ones? The dilemma most investors […]

Vale (BOV:VALE5) Suspends Argentinian potash project Vale (BOV:VALE5)  has announced the suspension of the Rio Colorado potash project in neighboring Argentina while it analyzes changes in the economic fundamentals of the project. Vale has an investment of $ 5.2 billion in this project. Vale (BOV:VALE5) said towards the end of last year that Rio Colorado […]

Marcopolo and New Flyer Industries Inc Marcopolo (BOV:POMO3) has agreed to a strategic investment of C $116,4 million (Canadian dollars) in New Flyer Industries Inc.,(TSX:NFI)  Marcopolo (BOV:POMO3) will subscribe to 11,087,834 new shares to be issued by New Flyer Industries Inc., representing 19.99% of the share capital of the company. The common shares will be […]

Coal mining company CCX  (BOV:CCXC3) CCX (BOV:CCXC3) the coal company of Eike Batista has asked Bradesco, Itaú BBA and BBI Brazil Plural to prepare a report to assess a possible takeover bid and the de listing of the company.  Batista has however chosen to abstain from voting on the matter. A meeting is scheduled for […]

Banco Daycoval’s investors please note Banco Daycoval (BOV:DAYC4) has approved the implementation of a share buyback program using its reserves. Daycoval plans to acquire up to 6.246 million preferred shares. This amount’s to 9.78% of preferred shares, which is about 63,845,839 that are currently in the market. The program has until January 17, 2014. BRIC […]

Embraer (BOV:EMBR3) in new JV with AgustaWestland Embraer (BOV:EMBR3) has announced that it has signed a memorandum of understanding with AgustaWestland, which is controlled by the Italian company Finmeccanica, to form a joint venture here in Brazil. Everything indicates that it will be for the production of AgustaWestland helicopters for military and commercial market in […]

Anyone who invests in Amil (BOV:AMIL3), look at this … UNITED HEALTH GROUP (NYSE:UNH) REPORTS 2012 RESULTS, Revenues of $110.6 Billion Grew 9% Year-Over-Year, Including an 11% Increase in Fourth Quarter Revenues Full Year United Healthcare Earnings Grew 8% Year-Over-Year; United Healthcare Grew to Serve more than 6 Million Additional People in 2012, Including Nearly […]

Brazilian Indicators Here in Rio everything seems to be costing more money..! and here is why: The Weekly consumer price index (CPI-S), the Brazilian Institute of Economics (Ibre) of the Getulio Vargas Foundation (FGV), rose from 0.77% to 0.89%. Power: the rate reached 1.78% compared to 1.57%, Education, reading and Recreation: rose from 1.26% to […]

Being a member of a football team / club can get you some cheap deals.. Ambev (BOV:AMBV3) one of Brazil’s biggest companies and one of the world’s biggest breweries has teamed up with some of Brazil main Football teams: Ambev is leading a group of companies that will promote better football. They have got together […]

Boa Tarde ( Good Afternoon ) Looking for BRIC’s news.. Brazil is a major part of BRIC, here you will learn about this large and expending market. I know it’s a bit chilly in the UK at the moment, but Brazil is hot .. and not only weather wise. We are home to the next […]