BRF Brasil Foods(BRFS) is a Brazil-based food company engaged in the “production and sale of poultry, pork, beef cuts, milk, dairy products, and processed food products.” The company markets its poultry products under the brand name Chester and is also the largest meat processor in the world. The company used to be called Perdigao. After …
Banco do Brasil (OTC: BDORY) is the latest Brazilian company to list its ADR shares on the OTC market. The bank is controlled by the Barilian government and operates 15,964 branches in Brazil and foreign countries. BB for short, Banco do Brasil is the largest financial institution in the country with 24.4 million customers with …
The Dow Jones BRIC Brazil 15 Index represents 15 of the largest and most liquid stocks traded on the Bovespa stock exchange of Brazil. In US $ terms, the index had an exceptional performance this year. As of November 30th, the index is up nearly 136%. In terms of the Brazilian Real it is up …
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The real estate sector in Brazil remained stable during the global credit crisis last year and is now projected to expand further due to the 2016 Summer Olympics related investments and the rising income of middle class families. From an article titled “Brazil’s Coming Rebound” in BusinessWeek magazine this August, “São Paulo – For years, …
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Aviva Plc(AV) and Banco Santander Brazil SA(BSBR) are two new ADRs that started trading in the New York Stock Exchange last month. 1.Aviva Plc: UK-based Aviva(AV) is engaged in the long-term savings, fund management and general insurance business. In the first half of this year, Aviva made £747M in profits. Lower earnings forced the company …
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