|Bid||50.15 x 1500|
|Ask||51.50 x 36600|
|Day's Range||54.04 - 55.83|
|52 Week Range||41.25 - 57.19|
|PE Ratio (TTM)||2.33|
|Dividend & Yield||3.39 (5.71%)|
|1y Target Est||N/A|
Via Varejo SA, Brazil's largest appliance retailer, is expanding premium stores targeting wealthy customers in a bid to improve results as controlling shareholder Casino Guichard Perrachon SA tries to find a buyer for the company. Via Varejo increased its premium stores to 51 from 36 in the second quarter and may reach 100 stores aimed at wealthy customers in the coming months, reaching around 10 percent of its network of 970 stores. The premium stores compete with Fast Shop, a local premium appliance retailer with 100 stores.
European shares inched higher on Thursday, with investors less keen to chase the previous session's strong rally that came on the back of the relatively dovish tone struck by Fed chair Janet Yellen overnight. The pan-European STOXX 600 was up 0.3 percent at its close while blue-chips gained 0.4 percent, with rate-sensitive real estate stocks, which were top gainers on Wednesday, tracking more modest gains. On Wednesday, the European benchmark posted its best day since Emmanuel Macron's victory in the first round of French presidential elections, as banks and yield plays rallied.
European shares inched higher on Thursday with investors less keen to chase the previous session's strong rally that came on the back of the relatively dovish tone struck by Fed chair Janet Yellen overnight. ...