|Bid||28.41 x 0|
|Ask||28.50 x 0|
|Day's Range||27.55 - 28.57|
|52 Week Range||22.81 - 31.87|
|Beta (3Y Monthly)||0.70|
|PE Ratio (TTM)||16.09|
|Earnings Date||May 6, 2019|
|Forward Dividend & Yield||1.37 (5.16%)|
|1y Target Est||33.01|
SAO PAULO/BRASILIA, March 11 (Reuters) - State-controlled lender Banco do Brasil SA is seeking partnerships in its asset management, investment banking and debt collector units rather than listing these businesses, analysts said in notes to clients on Monday. Itaú BBA's analysts said that Chief Finance Officer Carlos Hamilton Vasconcelos Araújo said in a meeting that partnerships would be similar to those forged by BB Seguridade SA, before its initial public offering. BB Seguridade has partnerships with companies such as Principal Financial Group, Mapfre and Icatu Hartford.
Brazil insurer BB Seguridade on Monday reported a fourth-quarter net profit of 716.9 million reais , down 21 percent from the 907.9 million reais in the same quarter in 2017. The company reported an adjusted ...
Brazilian insurance holding company BB Seguridade Participações SA is likely to post higher fourth-quarter results, helping the company to meet its goal for net income in 2018, Chief Financial Officer ...
Brazilian insurance holding company BB Seguridade SA posted on Monday a 12.7 percent drop in third-quarter profit from a year earlier as lower interest rates continued to impact its securities portfolio. Since the beginning of the year, BB Seguridade management has been saying that raising profit would be a challenge in 2018 as Brazil's central bank holds benchmark interest rates at an all-time low of 6.5 percent. BB Seguridade, which is controlled by Banco do Brasil SA , also posted lower sales of pension plans and premium bonds, according to a securities filing.
Brazilian insurance holding company BB Seguridade Participacoes SA missed second-quarter profit estimates as interest rates in Brazil hit an all-time low, leading the firm to cut its forecast for net income ...
** France's JCDecaux struck a deal to buy Australian billboard owner APN Outdoor Group with a sweetened A$1.12 billion ($830 million) offer, part of a rush to consolidate in a tightly controlled sector where revenues are surging. ** Eutelsat Communication SA said it did not intend to make an offer for Inmarsat, a day after the French satellite group said it was considering going head-to-head with EchoStar in a battle for the British company. ** A unit of iron ore miner Fortescue Metals Group requested to delay a bid by a Hancock Prospecting unit for Atlas Iron Ltd seeking further disclosures, the Australian Takeovers Panel said.
Brazilian insurance company BB Seguridade SA said its board has approved a new agreement with Spain's Mapfre SA that may free up 1.8 billion reais worth of capital. Under the terms of the agreement, BB ...