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Banco Espirito Santo Rises on Debt Crisis Measures: Lisbon Mover
June 29 (Bloomberg) -- Banco Espirito Santo SA, Portugal's biggest publicly traded bank by market value, rose the most in more than three weeks after European leaders agreed to ease repayment rules for emergency loans to Spanish lenders.
People Desperate To Get Their Money Out Of Greece And Spain Are Flooding ...
European banks tumbled today, pushing the Bloomberg Europe Banks and Financial Services Index as much as 2.7 percent lower, led by Italy's Banca Monte dei Paschi di Siena SpA and Lisbon- based Banco Espirito Santo SA. The yield on the 10-year ...
Analysis - Auto loans adding to Brazil banks' woes
The newfound prudence of banks will be tested in coming months as President Dilma Rousseff pushes lenders to offer more vehicle financing to jumpstart Brazil's economy, said Gustavo Schroden, an analyst with Espirito Santo Investment Bank. ... some ...
Change-Of-Control Provisions In Debt-Equity-Swaps Under New German ...
We would like to introduce you to a great new feature of the revised German Insolvency Act which makes debt-equity-swaps in Germany (e.
Fibria, Suzano Cut Most as Brazilian Pulp Exports Falter
June 19 (Bloomberg) -- Fibria Celulose SA and Suzano Papel & Celulose SA, Brazil's biggest pulp makers, had their earnings estimates cut by more than any other company in the country as the industry adds factories amid waning overseas demand.
Banco Comercial Extends Drop on Capital Increase: Lisbon Mover
June 6 (Bloomberg) -- Banco Comercial Portugues SA, Portugal's second-biggest bank by market value, declined to a record low in Lisbon trading today after tapping state funds to bolster its finances.
Brazil's Inflation Slows More Than Expected on Weak Growth
“We are likely to go through a phase of inflation under control, which will leave the central bank at ease to continue to cut interest rates,” Luciano Rostagno, chief strategist at Banco WestLB do Brasil SA, said in a phone interview from Sao Paulo ...
Marcopolo Rises in Sao Paulo on Plan to Build Minibus Plant
June 12 (Bloomberg) -- Marcopolo SA, a Brazilian truck and bus bodies manufacturer, rose to a one-week high after saying it will build a 35 million-real ($17 million) plant in the state of Espirito Santo. Shares gained 1.2 percent to 9.02 reais at the ...
Latin America proved reserves hit 337Bb oil, 8Tm3 gas
Latin America's proved oil, natural gas and coal reserves at end-2011 reached 337Bb, 8Tm3 and 13Bt, according to the 61st edition of BP's (NYSE: BP) annual review of world energy.
Comsigua leads briquette production in 2011
Venezuelan briquette maker Comsigua led hot briquetted iron (HBI) production in the country in 2011 with 842,700t, or 44%, according to figures from the International Iron Metallics Association (IIMA).