9.44 0.00 (0.00%)
After hours: 4:53PM EDT
|Bid||9.06 x 40000|
|Ask||9.41 x 800|
|Day's Range||9.27 - 9.47|
|52 Week Range||6.57 - 10.80|
|Beta (3Y Monthly)||0.06|
|PE Ratio (TTM)||14.75|
|Forward Dividend & Yield||0.05 (0.50%)|
|1y Target Est||9.54|
Hedge funds and other investment firms run by legendary investors like Israel Englander, Jeffrey Talpins and Ray Dalio are entrusted to manage billions of dollars of accredited investors' money because they are without peer in the resources they use to identify the best investments for their chosen investment horizon. Moreover, they are more willing to […]
Brazilian jeweler Vivara has hired advisors for an initial public offering, two sources with knowledge of the matter said on Thursday. The sources, who requested anonymity due to the private nature of the talks, said Vivara has hired the investment banking units of Bank of America Corp and Itau Unibanco Holding SA to manage the transaction, as well as broker XP Investimentos. Vivara aims to use the proceeds to expand its stores network.
Odebrecht SA's failure to sell its controlling stake in petrochemical company Braskem SA to LyondellBasell Industries NV and lack of cash are complicating the task of restructuring 80 billion reais ($20.67 billion) in debt owed by the corruption-ensnared conglomerate, three sources with knowledge of the matter said. The conglomerate was counting on Braskem dividends to service its debt. LyondellBasell said on Tuesday it ended talks with Odebrecht SA to buy Braskem "after careful consideration" but did not elaborate further.
The buybacks will be carried out on a stock exchange in the period from May 31, 2019 November 30, 2020, at market value, and intermediated by Itaú Corretora de Valores S.A., headquartered at Av. The information contained in Attachment 30-XXXVI to Instruction CVM No. 480, on the new stock buyback program are detailed in Attachment I.
It’s shaping up to be a meager year for issuance in the region, with Itau Unibanco Holding SA forecasting $65 billion to $75 billion of new dollar debt sales. Latin America’s economic output is expected to grow just 1.4% this year, held back by slowdowns in Brazil and Mexico, a never ending crisis in Argentina and Venezuela’s collapse.
In addition, Moody's affirmed BIA's ba3 adjusted baseline credit assessment and Ba3(cr) long-term counterparty risk assessment (CRA). At the same time, the global and national scale long-term foreign currency deposit ratings of B3 and Baa1.ar, the Not Prime global scale short-term deposit rating, and the NP(cr) short-term counterparty risk assessment (CRA) were all affirmed. The ratings have a stable outlook.
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Mitsubishi UFJ (MUFG) reports decline in earnings for the fiscal 2018 (Mar 31, 2019) on account of lower net interest income and net trading profits.
PagSeguro missed Q1 estimates after the close Tuesday, a day after rival Brazilian payments stock StoneCo reported steep increases in earnings and revenue
Brazil's largest private lender, Itaú Unibanco Holding SA, plans to close 400 branches in the country over the next two years, two sources with knowledge of the matter said. Itaú's move comes as an increasing volume of financial transactions migrates to digital platforms. The bank had by the end of March 195 digital branches that could absorb some of the employees who will be laid off with the closure of branches.
Brazil's largest private-sector lender, Itaú Unibanco Holding SA, will launch an instant payments platform by the third quarter that uses QR codes, adding fuel to the fierce competition among card processors. Itaú's new platform, called Iti, will work through an app connecting individuals and merchants and will be available to both clients and nonclients of the bank, it said on Monday. Merchants using Iti will pay a fee of 1% per transaction and will receive payments instantly - cheaper than fees currently charged by many card processors.
The CEO of Brazil's largest private-sector lender Itaú Unibanco Holding SA said on Friday there is no sign that the fierce competition among card processors in the country will cool down. Chief Executive Candido Bracher said the bank reduced its 2019 targets for fee income and financial margins with clients after its card processor Rede decided to stop charging interest rates to advance payments for merchants who use its machines and pay them in two days instead of the usual 30-day period. Bracher said, however, the cut in operating expenses is related to Brazil's slower-than-expected economic recovery and will affect all Itaú's areas.
Itau Unibanco's (ITUB) first-quarter 2019 earnings highlight higher revenues, partly muted by elevated expenses and provisions.
Disclosure of results for the first quarter of 2019, according to International Financial Reporting Standards - IFRS SAO PAULO , May 2, 2019 /PRNewswire/ -- We present below the differences between our ...
SÃO PAULO, May 2 , 2019 /PRNewswire/ -- In compliance with the provisions of Article 157, Paragraph 4, of Law No. 6,404/76 and the Brazilian Exchange Commission (CVM) Instruction No. 358/02, Itaú Unibanco ...
Announcement to the Market SAO PAULO , May 2, 2019 /PRNewswire/ -- Itaú Unibanco Holding S.A. ("Company") announces to its shareholders and the market at large that the Complete Financial Statements ...
Brazil's largest private-sector lender Itau Unibanco Holding SA posted a higher first-quarter recurring profit on Thursday, but set lower targets for gains with clients in 2019, indicating it sees fiercer competition for consumers. Itau revised its 2019 guidance nearly three months after releasing its estimates, as competition sharply rose among credit card processors. Itau owns Rede, and has decided to stop charging interest rates to advance payments for merchants using its machines.
Brazil's largest private-sector lender Itau Unibanco Holding SA posted a first-quarter recurring profit of 6.87 billion reais on Thursday, up 7.1 percent from the same period one year earlier. Itau's recurring ...
Results for the 1st Quarter of 2019 Disclosure: May 02, 2019Teleconferences: May 03, 2019 SAO PAULO , May 2, 2019 /PRNewswire/ -- Itaú Unibanco Holding S.A. (B3: ITUB4 and ITUB3 and NYSE: ITUB) informs ...
Deutsche Bank's (DB) Q1 earnings reflect benefits from cost-saving efforts, growth in loans and deposits and a recovery in assets under management.