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Stock Market & Financial Investment News

News Breaks
November 4, 2012
01:45 EDTABV, PBR, ITUB, VALEBrazil'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
News For PBR;VALE;ITUB;ABV From The Last 14 Days
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April 16, 2014
06:33 EDTPBRPetrobras having difficulties, NY Times says
Brazilian energy company Petrobras is experiencing multiple problems, as its oil production has stagnated, its employees have been accused of taking bribes, and its debt is surging, according to The New York Times. Analysts warn that the company could face problems in international bond markets, the newspaper stated. Reference Link
April 10, 2014
07:26 EDTVALECommittee recommends Vale be stripped of Simandou license, WSJ says
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