- Reuters•4 months ago
Roger Agnelli, the Brazilian banker who turned Vale SA into the world's No. 1 iron ore producer, died on Saturday in a plane crash. Agnelli, his wife and two children were among seven killed when his Comp Air 9 turboprop monoplane slammed into two homes around 3:20 p.m. local time (1820 GMT), minutes after taking off from an airport in northern São Paulo, authorities said. "We have lost a Brazilian of extraordinary entrepreneurial vision," President Dilma Rousseff said in a statement Sunday, adding that Agnelli had devoted his career to big Brazilian companies and shown commitment to the development of his country.
- Reuters•last year
The board of Bradespar SA, a mining and energy investment holding unit controlled by Banco Bradesco SA, renewed on Monday a plan to repurchase up to 24.8 million shares for another year after the company's two classes of stock sank an average 25 percent this year. Bradespar, which controls Bradesco's interests in mining giant Vale SA, will repurchase up to 2.6 million common shares and up to 22.2 million preferred shares from Tuesday until Aug. 3, 2016, the company said in a securities filing. Bradespar could spend up to 236.2 million reais ($69 million) in the plan at current prices, according to Thomson Reuters calculations.
Bradespar S.A.Sao Paolo
|52wk Range||2.95 - 10.78|
|Day's Range||10.12 - 10.38|
|Avg Vol (3m)||3,460,455|
As of 4:09 PM EDT. Market closed.