|Bid||13.58 x 55300|
|Ask||13.59 x 38400|
|Day's Range||13.55 - 13.83|
|52 Week Range||9.10 - 14.12|
|PE Ratio (TTM)||11.84|
|Dividend & Yield||0.06 (0.42%)|
|1y Target Est||13.06|
Brazilian food producer Camil Alimentos SA is considering cutting the suggested price range for an initial public offering slated for Tuesday by almost 15 percent amid weak investor demand, two people with knowledge of the plan said. One of the people said lowering the suggested price range to between 9 reais and 11 reais from between 10.5 reais and 12.5 reais would "be enough to stop the investor pushback." The same person said that, at 10.5 reais, the stock on offer for the IPO remained above firm bids. Some investors who considered participating in the deal told Reuters last week that the stock looked expensive at the original price range.
Itau Unibanco Holding (ITUB) is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.
Itaú Asset Management has hired Eduardo Camara Lopes to lead portfolio solutions, a person with knowledge of the matter said on Tuesday, as Brazil's No. 2 money manager bets on strategies tailored to the ...