|Bid||5.14 x 0|
|Ask||5.21 x 0|
|Day's Range||5.10 - 5.24|
|52 Week Range||4.68 - 11.81|
|Beta (3Y Monthly)||0.21|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 30, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||10.49|
Brazilian meatpacker Minerva SA denied on Wednesday local media reports that its shareholder, sovereign wealth fund Saudi Agricultural and Livestock Investment Co , was planning a tender offer to minority ...
Most Latin American currencies strengthened on Tuesday after U.S. President Donald Trump criticized the head of the Federal Reserve for raising interest rates, but the Brazilian real weakened due to concerns ...
Credit conditions for companies are showing signs of improvement as Brazil (Ba2 stable) emerges from its deepest economic recession in history, but economic uncertainty persists ahead of the October 2018 presidential elections, Moody's Investors Service says in a new report. Brazil's economy will grow again in 2018, following its 1% expansion in 2017 after two years of recession, but Brazil's central bank consensus points to 1.5% growth in 2018 down from an earlier 2.6% forecast followed by 2.5% growth in 2019. Brazil's national oil company, Petrobras (Ba2 stable) will stay focused on reducing debt and strengthening its operating performance in order to improve its cash generation and credit metrics.
Brazilian meat company Minerva SA plans an initial public offering in Santiago of its units outside Brazil as a way to reduce its debt, according to a securities filing on Tuesday. After a capital increase at its Chilean subsidiary Athena Food, Minerva said it will gather its operations in Paraguay, Uruguay and Colombia under Athena and list them in Chile. Minerva said its industrial units outside Brazil produced total gross revenues of 1.581 billion reais ($421.39 million), equivalent to 40 percent of the company's total gross revenue.
Brazilian food processor BRF SA is negotiating a block sale of some of its shares in smaller beef company Minerva SA, newspaper Valor Econômico said on Thursday. According to the latest figures provided in Minerva's website, BRF owns an 11.62 percent stake in Minerva, Brazil's fourth-largest listed meat company by sales. BRF began to sell shares in the market in the first week of June, contributing to a 6.6 percent decline in the price of Minerva shares this month, according to the news article.
Brazil's real currency hit a new two-year low on Wednesday, even as its Latin American peers gained against a weakened dollar, underlining the level of investor concern for a country coming off a massive ...
Brazilian food processor BRF SA said on Wednesday it was not aware of any "formalization" regarding a possible merger with competing food processor Minerva SA. Financial blog Brazil Journal said on Tuesday that Minerva was contacting potential investors to finance a capital increase to merge the two companies in a deal worth up to $3 billion. Minerva later said in response to the report it has not proposed any investment in a tie-up.
Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to Minerva SA Here are 5 ETFs with the largest exposure to BEEF3-BR. Comparing the performance and risk of Minerva SA with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower volatility. Ticker Fund Name ... Read more (Read more...)
Categories: ETFs Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for Minerva SA. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bearish Closing Price above/below 200 Day Moving Average Bullish 50 ... Read more (Read more...)
SAO PAULO/BRASILIA, Nov 21 (Reuters) - A temporary ban imposed by Russia on Brazilian beef and pork exports may be reversed soon, potentially minimizing the impact on local producers, an industry group and a market analyst told Reuters on Tuesday. Russia's agriculture safety watchdog Rosselkhoznadzor said on Monday it would place temporary curbs on pork and beef imports from Brazil starting Dec. 1, after the feed additive ractopamine was found in some shipments. In response, the Brazilian agriculture ministry said that controls in place would ensure pork meat exports to Russia do not contain the additive.
Categories: Yahoo FinanceGet free summary analysis Minerva SA reports financial results for the quarter ended September 30, 2017. We analyze the earnings along side the following peers of Minerva SA – Marfrig Alimentos SA and BRF SA (MRFG3-BR and BRFS3-BR) that have also reported for this period. Highlights Summary numbers: Revenues of BRL 3,417.81 million, Net Earnings ... Read more (Read more...)