Gerdau S.A. (GGB), the Brazilian steel maker, has announced a stock split on May 30th,2008. Split Details Company: Gerdau S.A. Ticker: GGB Country: Brazil Current Price/Shr:$50.42 (As of June 7,2008) Split Ratio: 1:2 Record Date: June 17,2008 Ex-Date:June 20,2008 GGU has a yield of 0.68% and has grown over 125% over the past 52 weeks. …
Infrastructure related stocks are attractive these days due to the huge infrastructure build up that is happening in emerging market economies like India, China, Brazil,Eastern Europe etc. China and India are building roads, railroads,bridges,tunnels,etc. at an incredible pace.In addition there is also huge construction boom in the residential and commercial real estate sector.All this constructions …
Uniao De Bancos Brasileiros S.A. of Brazil proposes to split its ADR stock UBB in the ratio of 5:1 and also issue a bonus stock of 10%. The above decision was made in a meeting on May 29th.The proposal has to be approved by the board and the Brazilian Securities Exchange Commission before it can …
There are 5 large private banks in Brazil.Out of these, three trade as Depository Receipts (DRs) in the US. They are: 1. Banco Bradesco S.A (BBD) 2. Banco Itau Holding Financeira S.A. (ITUB) 3. Uniao de Bancos Brasileiros S.A. (UBB) Profile and Key Points (All data as of June 2,2008) 1. BBD: Bradesco Bank is …
In this post,lets look at two fuel distributors.One is Ultrapar Holdings Inc. (UGP) from Brazil and the other is Imperial Oil Ltd. (IMO) of Canada. 1.Ultrapar distributes Liquefied Petroleum (LPG) in Brazil.LPG is used for cooking and other purposes.UGP also produces various kinds of chemcials and engages in the transportation and distribution of the same. …