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News Breaks | | | | November 4, 2012 | | 01:45 EDT |  | ABV, PBR, ITUB, VALE | Brazil's future looks bright, Barron's reports
Brazil's longer-term prospects could make it one of the world's best investments in years to come, Barron's contends. Its middle class continues to grow, as does its disposable income -- both spurring demand for products. The jobless rate is a low 5%, and consumer trends could become even more powerful in the next decade, regardless of developments in other parts of the world, including China. The 2016 Summer Olympics could also be a catalyst. Those seeking exposure to Brazil would do best to look beyond the major stock index, which is dominated by Petroleo Brasileiro, or Petrobras (PBR) and Vale (VALE), to sectors and companies, large and small, that could benefit from rising consumer demand domestically. Itau Unibanco Holding (ITUB), Companhia de Bebidas das Amèricas, or Ambev (ABV), and several educational concerns are on some smart investors' shopping lists. Reference Link | |
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News For PBR;VALE;ITUB;ABV From The Last 14 Days Check below for free stories on PBR;VALE;ITUB;ABV the last two weeks. |
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| May 17, 2013 | | 14:34 EDT |  | PBR | Petrobras May volatility at low end of historic range
 Subscribe for More Information | | | May 14, 2013 | | 14:37 EDT | | PBR | Petrobras 'in no hurry' to decide on offer for Argentine unit, Reuters says
Petrobras president Maria das Gracas Foster said Argentine companies have made an offer to buy some of the assets it has put up for sale, but added that Petrobras is in no hurry and has not made a decision, according to Reuters, citing Foster's comments in a Senate economic affairs hearing. Reference Link | | | 07:29 EDT |  | VALE | BofA/Merrill to host a conference
Subscribe for More Information | | | May 13, 2013 | | 08:45 EDT | | PBR | Petrobras plans six-tranche sale of dollar bonds abroad, Bloomberg reports
Petroleos Brasileiros (PBR) plans to sell dollar bonds abroad in the company’s first overseas offering since February 2012, reports Bloomberg. The state-run oil producer wants to sell fixed-rate bonds due in three, five, 10 and 30 years as well as three- and five-year floating-rate bonds, sources say. t Reference Link | | | May 6, 2013 | | 15:40 EDT | | PBR | Petrobras May volatility increases into Q1 and capital outlook
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