Tag Archives: Bradesco Corretora

Stocks in Brazil – December Outlook compromised by concerns in Europe

Concerns about Europe should affect stock market performance in Brazil this month. That is what we learn from the reports of Banif and Bradesco Corretora. Companies with greater exposure to domestic market are pointed as safe ports. Banif: Tension in … Continue reading

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More Brazilian milionaires

In June, the Boston Consulting Group report announced that Brazil had over 127 thousand millionaires. The last data from ANBIMA shows that it has gone up again. This week the Brazilian Association of Entities in the Financial and Capital Markets … Continue reading

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Tourism in Brazil grows more then country’s GDP

Between 2003 and 2007, revenues generated by tourism grew more than the economy as awhole. During the period, tourism rose 22%,  while Brazilian GDP grew 19.3%. The highlights were service sand highway transportation. In spite of this growth,tourism still accounts for … Continue reading

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Electricity consumption in May: Strong Growth

Electricity consumption in May went up 10.5% YoY, according to the Federal energy research bureau (EPE). Industrial segment was the main responsable for this figures. Industrial consumption reached +15.4% YoY. It means that   industrial activity is growing fast.g relevant growth. … Continue reading

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Brazilian millionaires

Brazil has 127k families with net worth above US$1mn, according to Boston Consulting Group research just made public recently. This means that Brazil is 17th in the ranking of countries with the most millionaires. The US ranks 1st  with 4.1mn households, Japan comes in 2nd, … Continue reading

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Brazil is selected as the best in corporate governance among emerging markets

A panel of 350 investors selected Brazil as the emerging country with the best corporate governance, in a vote conducted by ICGN (International Corporate Governance Network). Brazil received 71% of the votes, followed by China (15%), India (9%) and South Korea (5%). Initiatives such as the … Continue reading

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French Apax Partners comes to the tropics

Brazilian IT company  TIVIT announced that French private equity company Apax Partners acquired 54% of the company’s shares. The total acquisition price for the equity stake will be approximately $890 m, amounting to an EV of $ 945 m. According … Continue reading

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