|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||2.0100 - 2.0900|
|52 Week Range||2.0100 - 5.5900|
|Beta (3Y Monthly)||0.78|
|PE Ratio (TTM)||5.77|
|Forward Dividend & Yield||0.16 (6.89%)|
|1y Target Est||N/A|
The rating assigned to the senior notes reflects this risk, since it is capped by the obligor's rating. The senior shares will have a maturity of 60 months and the principal payment is due by the final maturity of the shares.
Brazil's Cielo SA is targeting profit of between 2.3 billion reais and 2.6 billion reais ($612 million to $691 million) this year, down from 3.3 billion reais ($883 million) in 2018, the card processor said in a securities filing on Tuesday. The company would currently rather grow or maintain its market share than seek profitability, Chief Executive Officer Paulo Caffarelli said during a conference call with journalists. In morning trading, Cielo shares were down 3 percent at 10.57 reais.
Brazilian card processor Cielo SA is targeting profit of between 2.3 billion reais and 2.6 billion reais this year, down from 3.3 billion reais in 2018, the company said in a securities filing on Tuesday. ...
Brazilian card processor Cielo SA missed analysts' forecasts for the fourth quarter amid fierce competition among payment solution companies in Brazil. Cielo on Monday reported net income of 724.1 million ...
Brazil’s regulator of the payments industry has been focusing on increasing competition in the space. Checks indicate rising consumer confidence and spending that are coming along with an improvement in Brazil’s economic outlook, the analyst said, adding that this could boost volumes in the payments industry in the back half of 2019.
Bradesco SA, Brazil's second largest private bank, has no plans to delist card processor Cielo SA, the bank's Chief Executive Octavio de Lazari told reporters on Friday. Lazari said Cielo remains a 'good ...
Moody's America Latina has assigned provisional ratings of (P) Ba1 (sf) (Global Scale, Local Currency) and (P) Aaa.br (sf) (Brazilian National Scale) to the senior shares to be issued by Fênix Fundo de Investimento em Direitos Creditórios do Varejo II (Fênix FIDC do Varejo II), a revolving securitization backed by a pool of trade receivables originated by Lojas Americanas S.A. (LASA) and B2W Companhia Digital (B2W). Fênix FIDC do Varejo II is a close-ended FIDC with a final maturity date that is 20 years from the closing date.
Cielo SA, Brazil's largest card processor, is looking for partners to develop new payment services through apps, company executives told analysts on Wednesday. Cielo's Chief Financial Officer Clovis Poggetti ...
Brazil's payment company Cielo SA's common shares rose 7 percent in morning trading in Sao Paulo to 13.51 reais, following third quarter results that missed estimates. Brazilian broker XP Investimentos ...
Brazilian card processor Cielo SA confirmed Friday that Banco do Brasil SA's Paulo Caffarelli will become its chief executive on Nov. 5, raising questions over whether a veteran banker could shake up a company that has been struggling to fight startups. Caffarelli, who thus far had been chief executive of Banco do Brasil, resigned from that post earlier on Friday. "The glass-half-empty argument here is that Caffarelli is just more of the same for Cielo," BTG Pactual analyst Eduardo Rossman said in a note.
Banco do Brasil SA Chief Executive Officer and board member Paulo Caffarelli has resigned to be chief executive of Brazilian card processor Cielo SA, both companies said in a securities filing on Friday. Caffarelli will leave Banco do Brasil on Nov. 1 and take up his new post at Cielo on Nov. 5. Marcelo Labuto, a current executive vice-president at Banco do Brasil, will take the helm at the state-controlled Brazilian bank as he was appointed by Brazilian president Michel Temer, according to the filing.
Cielo SA has invited Paulo Rogerio Caffarelli, currently chief executive of state lender Banco do Brasil SA, to become CEO of the Brazilian card processor two sources with knowledge of the matter told Reuters on Thursday. The sources, who requested anonymity to discuss the matter, did not say if Caffarelli had accepted the offer. Banco do Brasil, Cielo and Caffarelli declined to comment.
Brazilian card processor Cielo SA will tap Banco do Brasil Chief Executive Paulo Rogerio Caffarelli as its new CEO, newspaper O Globo reported on Thursday. One source with knowledge of the matter told ...
Brazil's largest payment processor, Cielo SA, will start selling mobile phones that also function as card reader machines in partnerships with carriers Claro and TIM Participacoes SA, executive vice-president ...
Shares in Brazilian card processor Cielo SA tumbled 10 percent on Tuesday, their steepest one-day decline in eight years, a day after the company reported earnings that missed analysts' expectations due to fierce competition. Investor relations director Victor Schabbel said on Tuesday on a call with analysts that Cielo expected to raise its net income over the next year by 5 percent to 10 percent and Chief Financial Officer Clovis Poggetti said margins should start improving in the fourth quarter. Earlier in July, Eduardo Gouveia resigned as chief executive officer 18 months after taking reins of the payment processor, citing personal and family reasons.
Shares in Brazilian card processor Cielo SA slid 7.2 percent in mid-afternoon trading in Sao Paulo after the company missed profit estimates amid fierce competition. Shares were at 14.77 reais after Ceilo ...
NEW YORK, NY / ACCESSWIRE / July 31, 2018 / Cielo (OTC PINK: CIOXY ) will be discussing their earnings results in their Q2 Earnings Call to be held on July 31, 2018 at 2:30 PM Eastern Time. To listen to ...
Brazil's benchmark Bovespa equities index tumbled over 1.5 percent on Tuesday, as poor quarterly results in the financial services and retail sectors and a federal police price-fixing probe hit shares of companies including Ultrapar and Cosan. Among the firms that reported disappointing second quarter results on Monday evening were Cielo SA, Brazil's largest credit card processor, Itau Unibanco Holding SA , the country's top private lender, and RD, the nation's No. 1 over-the-counter drug retailer. Cielo was the Bovespa's biggest loser, falling over 8 percent, its biggest intraday drop since 2016, after increased competition hit margins.
Cielo SA, Brazil's largest credit and debit card processor, missed analysts' second-quarter profit estimate on Monday as increased competition among payment solution companies hurt its margin. Cielo posted a recurring net income of 817.5 million reais ($219.33 million) in the second quarter, nearly 13 percent below the consensus of analysts polled by Thomson Reuters and 17.8 percent below its profit a year earlier. To compete with newcomers such as PagSeguro Digital Ltda and Stone Pagamentos SA, Cielo doubled marketing expenses in the quarter, to 93.7 million reais.
Brazil's Cielo SA said it was considering various options to replace CEO Eduardo Gouveia after he resigned on Friday, just 18 months after taking the payment processor's helm, including potential candidates from banks that control it. Cielo, which is struggling with fierce competition from various domestic fintech start-ups, named Chief Financial Officer Clovis Poggetti Jr as interim CEO. A new chief executive could be chosen from Cielo's controlling shareholders Banco do Brasil SA, Banco Bradesco SA or from elsewhere, investor relations head Victor Schabbel said on a conference call.
The chairman of Brazilin payment processor Cielo SA, Marcelo Noronha, told Reuters on Friday he will have daily calls with the interim chief executive and weekly meetings with the management team until ...
Cielo SA, Brazil's largest payment processor, said on Thursday it will partner with banks and retailers to sell debit and credit card processing machines instead of renting them, in the face of increasing ...