Itaú Unibanco: Q4, Setting The Stage For A Successful 2025
- Itaú Unibanco reported solid Q4 2024 results, with record net profits, controlled credit costs, and improved asset quality, despite slightly missing EPS estimates. The bank's conservative 2025 guidance reflects Brazil's challenging macroeconomic scenario, but Itaú remains well-positioned with strong profitability and capital hedging. Itaú's dividend yield of 9% is attractive, especially given Brazil's high equity risk premium, reinforcing its value for shareholders.
- 02/15/2025
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Itaú Unibanco Holding S.A. (ITUB) Q4 2024 Earnings Call Transcript
- Itaú Unibanco Holding S.A. (NYSE:ITUB ) Q4 2024 Earnings Conference Call February 6, 2025 8:00 AM ET Company Participants Renato Lulia - Group Head of Corporate Strategy, Investor Relations & Corporate Development Milton Maluhy - Chief Executive Officer Conference Call Participants Daniel Vaz - Safra Bank Bernardo Guttmann - XP Tito Labarta - Goldman Sachs Thiago Batista - UBS Mario Pierry - Bank of America Yuri Fernandes - JPMorgan Renato Meloni - Autonomous Jorge Echevarria - Morgan Stanley Brian Flores - Citibank Carlos Gomez - HSBC Renato Lulia Good morning, everyone.
- 02/06/2025
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Itau Unibanco Q4 Earnings & Revenues Grow Y/Y, Expenses Increase
- ITUB's fourth-quarter 2024 results benefit from an increase in managerial financial margin. However, a rise in non-interest expenses acts as a spoilsport.
- 02/06/2025
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ITAÚ UNIBANCO - MATERIAL FACT - STOCK BUYBACK PROGRAM
- Stock Buyback Program SÃO PAULO, Feb. 5, 2025 /PRNewswire/ -- ITAÚ UNIBANCO HOLDING S.A. informs its stockholders that the Board of Directors, meeting on February 5, 2025, has resolved to: (i) terminate early, as of this date, the stock buyback program approved at the Board meeting held on February 5, 2024, which would terminate on August 4, 2025; and (ii) approve the new stock buyback program[1], to be effective as of this date through February 5, 2026, authorizing the purchase of up to 200,000,000 preferred shares issued by the Company, with no reduction of capital.
- 02/05/2025
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ITAÚ UNIBANCO - MATERIAL FACT - PROJECTIONS 2025
- SÃO PAULO, Feb. 5, 2025 /PRNewswire/ -- Itaú Unibanco Holding S.A. ("Itaú Unibanco" or "Company"), in compliance with the provisions of Article 157, paragraph 4 of Law No.
- 02/05/2025
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Itaú Unibanco: Strong Fundamentals In Brazil's Economic Rollercoaster
- Itaú Unibanco's Q3 results showed solid operational performance despite missing market expectations slightly, demonstrating strong credit growth and declining delinquency rates. The bank's resilience amidst Brazil's challenging macroeconomic environment, including high inflation and interest rates, underscores its robust credit portfolio and financial margins. ITUB's substantial capital reserves and strategic dividend distributions, including potential extraordinary dividends, promise an attractive dividend yield and improved ROE.
- 12/06/2024
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ITAÚ UNIBANCO - MATERIAL FACT - PAYMENT OF INTEREST ON CAPITAL
- SÃO PAULO, Nov. 28, 2024 /PRNewswire/ -- Payment of Interest on Capital Itaú Unibanco Holding S.A. informs its stockholders that its Board of Directors has approved, at the meeting held on this date, the payment of interest on capital to stockholders ("IOC") in the amount of R$0.310560 per share, with income tax withholding at a rate of 15%, resulting in net interest of R$0.263976 per share, except for the corporate stockholders able to prove that they are immune or exempt from such withholding, which will be made until April 30, 2025.
- 11/28/2024
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SHG or ITUB: Which Is the Better Value Stock Right Now?
- Investors interested in stocks from the Banks - Foreign sector have probably already heard of Shinhan Financial (SHG) and Banco Itau (ITUB). But which of these two stocks presents investors with the better value opportunity right now?
- 11/14/2024
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Itau Unibanco: Around Fairly Priced In P/B
- Itau Unibanco is generating solid growth and attractive ROEs with its Brazil-focused lending and deposits business. It trades well above 1x P/B, and when looking at its solid growth rate but high cost of equity, also reflected in high local rates, there isn't obvious value. The growing book but shrinking credit costs is a good sign, but with big businesses in consumer credit as well, we aren't excited about the price and have better alternatives.
- 11/11/2024
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Itaú Unibanco Holding S.A. (ITUB) Q3 2024 Earnings Call Transcript
- Itaú Unibanco Holding S.A. (NYSE:ITUB ) Q3 2024 Earnings Conference Call November 5, 2024 8:00 AM ET Company Participants Renato Lulia - Group Head of Corporate Strategy, IR and Corporate Development Milton Maluhy - CEO Conference Call Participants Daniel Vaz - Safra Bank Renato Meloni - Autonomous Yuri Fernandes - JPMorgan Thiago Batista - UBS Tito Labarta - Goldman Sachs Brian Flores - Citibank Mario Pierry - Bank of America Bernardo Guttmann - XP Carlos Gomez - HSBC Natalia Corfield - JPMorgan Nicolas Riva - Bank of America Renato Lulia Hello.
- 11/05/2024
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Itau Unibanco Q3 Earnings & Revenues Increase Y/Y, Expenses Rise
- A rise in operating revenues and managerial financial margin supports ITUB's third-quarter 2024 results. However, a rise in expenses is a headwind.
- 11/05/2024
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Brazil's Itau Unibanco posts 18% increase in Q3 recurring profit
- Brazil's Itau Unibanco , Latin America's largest private lender, on Monday posted a 18% increase in its third-quarter net recurring profit from a year earlier.
- 11/04/2024
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Banco Itau (ITUB) Could Be a Great Choice
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Banco Itau (ITUB) have what it takes?
- 09/24/2024
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5 Stocks That Recently Announced Dividend Hikes
- Investors may keep a tab on stocks like PECO, RICK, ITUB, LOW and LRCX, which have lately hiked their dividend payments.
- 09/06/2024
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Itaú Is A Safe Bet For Reliable Dividends In Brazil
- Itaú Unibanco is a solid financial institution in Brazil with high net profit and a large customer base. In Q2, Itaú reported R$10bn in net income, outperforming peers like Banco do Brasil and Nu Holdings. Itaú's strong Q2 earnings solidified its track record, with robust quality indicators and a focus on security and predictability in the banking sector.
- 08/22/2024
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Itaú Unibanco Holding S.A. (ITUB) Q2 2024 Earnings Call Transcript
- Itaú Unibanco Holding S.A. (NYSE:ITUB ) Q2 2024 Earnings Conference Call August 7, 2024 9:00 AM ET Company Participants Renato Lulia - Group Head of Corporate Strategy, Investor Relations and Corporate Development Milton Maluhy - CEO Conference Call Participants Renato Meloni - Autonomous Tito Labarta - Goldman Sachs Eduardo Rosman - BTG Pactual Brian Flores - Citibank Thiago Batista - UBS Mario Pierri - BofA Arnon Shirazi - Santander Nicolas Riva - Bank of America Carlos Gomez - HSBC Renato Lulia Hello, good morning, everyone, and thank you for joining this videoconference to talk about our earnings for the second quarter of 2024.
- 08/07/2024
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Itau Unibanco (ITUB) Q2 Earnings & Revenues Increase Y/Y
- An increase in operating revenues and managerial financial margin benefits Itau Unibanco's (ITUB) second-quarter earnings. However, a rise in expenses is a headwind.
- 08/07/2024
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Brazilian lender Itau Unibanco's second-quarter profit jumps 15%
- Brazil's Itau Unibanco , Latin America's largest private lender by total assets, on Tuesday posted a 15.2% increase in its second-quarter net recurring profit compared to a year earlier.
- 08/06/2024
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3 Key Factors Driving Nu Holdings' Unprecedented Growth and Efficiency
- With rapid expansion in Latin America, particularly in Brazil, Nu Holdings Ltd. (NU, Financial) has emerged to facilitate access to credit compared to traditional banking alternatives in the region.
- 06/28/2024
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Itau Unibanco (ITUB) Rides on Strategic Buyouts Amid High Costs
- Itau Unibanco (ITUB) is well-positioned to gain from its efforts to grow inorganically in Brazil and abroad. However, its elevated cost base is set to hinder the bottom-line growth in the upcoming period.
- 06/27/2024
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Itau Unibanco (ITUB) Announces Merger Proposal With Hipercard
- Itau Unibanco (ITUB) unveils its plan to merge with its subsidiary, Hipercard. This is set to help the company achieve greater synergy, streamline costs and improve efficiency.
- 05/28/2024
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Itaú Unibanco Holding S.A. (NYSE:ITUB) Shares Acquired by National Bank of Canada FI
- National Bank of Canada FI increased its stake in Itaú Unibanco Holding S.A. (NYSE:ITUB – Free Report) by 20,555.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 7,436 shares of the bank’s stock after acquiring an additional 7,400 shares during the quarter. National Bank of Canada FI’s holdings in Itaú Unibanco were worth $51,000 at the end of the most recent quarter. A number of other hedge funds have also modified their holdings of the stock. Vestmark Advisory Solutions Inc. purchased a new position in shares of Itaú Unibanco during the fourth quarter valued at $244,000. Sapient Capital LLC purchased a new position in shares of Itaú Unibanco during the fourth quarter valued at $186,000. M&T Bank Corp purchased a new position in shares of Itaú Unibanco during the fourth quarter valued at $93,000. Natixis Advisors L.P. grew its holdings in shares of Itaú Unibanco by 8.4% during the fourth quarter. Natixis Advisors L.P. now owns 1,913,360 shares of the bank’s stock valued at $13,297,000 after buying an additional 148,404 shares in the last quarter. Finally, First Trust Direct Indexing L.P. grew its holdings in shares of Itaú Unibanco by 8.4% during the fourth quarter. First Trust Direct Indexing L.P. now owns 97,704 shares of the bank’s stock valued at $679,000 after buying an additional 7,592 shares in the last quarter. Itaú Unibanco Trading Up 0.9 % Shares of ITUB stock opened at $6.53 on Monday. Itaú Unibanco Holding S.A. has a 1-year low of $5.08 and a 1-year high of $7.27. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 2.25. The stock’s fifty day simple moving average is $6.51 and its 200-day simple moving average is $6.57. Itaú Unibanco Announces Dividend The company also recently announced a monthly dividend, which will be paid on Tuesday, July 9th. Shareholders of record on Tuesday, June 4th will be paid a $0.003 dividend. The ex-dividend date of this dividend is Tuesday, June 4th. This represents a $0.04 dividend on an annualized basis and a yield of 0.55%. Itaú Unibanco’s dividend payout ratio (DPR) is currently 5.41%. Itaú Unibanco Company Profile (Free Report) Itaú Unibanco Holding SA offers a range of financial products and services to individuals and corporate customers in Brazil and internationally. The company operates through three segments: Retail Banking, Wholesale Banking, and Activities with the Market + Corporation. It offers current account; loans; credit and debit cards; investment and commercial banking services; real estate lending services; financing and investment services; economic, financial and brokerage advisory; and leasing and foreign exchange services.
- 05/20/2024
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Itaú Unibanco Holding S.A. (ITUB) Q1 2024 Earnings Call Transcript
- Itaú Unibanco Holding S.A. (NYSE:ITUB ) Q1 2024 Earnings Conference Call May 7, 2024 9:00 AM ET Company Participants Renato Lulia - Head of IR & Market Intelligence Milton Filho - CEO & Member of Executive Board Alexsandro Lopes - CFO & Member of Executive Board Conference Call Participants Jorge Kuri - Morgan Stanley Gustavo Schroden - Bradesco Mario Pierry - Bank of America Bernardo Guttmann - XP Inc Thiago Batista - UBS Brian Flores - Citibank Renato Meloni - Autonomous Nicolas Riva - Bank of America Yuri Fernandez - JPMorgan.
- 05/07/2024
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Itau Unibanco (ITUB) Q1 Earnings & Revenues Rise Y/Y, Costs Up
- Itau Unibanco's (ITUB) first-quarter earnings reflect higher revenues and strength in balance sheet position. However, an increase in expenses is a near-term concern.
- 05/07/2024
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Itaú Unibanco Holding S.A. Results for the 1st quarter of 2024
- SÃO PAULO, May 6, 2024 /PRNewswire/ -- Itaú Unibanco Holding S.A. announces to its shareholders and the market at large that the Complete Financial Statements and the Management Discussion and Analysis for the 1st quarter of 2024 ending March 31, 2024, are already available on the Investor Relations website (www.itau.com.br/investor-relations).
- 05/06/2024
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Itaú Unibanco Holding's 2023 Annual Report on Form 20-F filed with the SEC and the CVM
- SÃO PAULO, April 29, 2024 /PRNewswire/ -- Itaú Unibanco Holding S.A. (B3: ITUB3, ITUB4; NYSE: ITUB) (the "Company") filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 (the "2023 Form 20-F") with the U.S. Securities and Exchange Commission ("SEC").
- 04/29/2024
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Itaú Unibanco: Modernizing To Face The Competition
- Itaú is the largest bank in Latin America, and is modernizing to face the competition generated by fintechs, such as Nu Holdings. It is worth remembering that banking operations in Brazil are complex, and even with competition from fintechs, Itaú has more than 100 years and a extensive know-how to operate credit. The company trades at a low P/E multiple of 7.5x, with expectations of excellent results and good dividends in 2024.
- 04/18/2024
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KB or ITUB: Which Is the Better Value Stock Right Now?
- Investors looking for stocks in the Banks - Foreign sector might want to consider either KB Financial (KB) or Banco Itau (ITUB). But which of these two stocks presents investors with the better value opportunity right now?
- 04/11/2024
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Itau Unibanco (ITUB) Thrives on Buyouts Amid High Expenses
- Itau Unibanco (ITUB) benefits from steady growth in asset management and credit operations. However, rising expenses, weak credit quality and intense competition are major headwinds.
- 03/26/2024
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Are You Looking for a High-Growth Dividend Stock?
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Banco Itau (ITUB) have what it takes?
- 03/25/2024
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ITUB vs. HDB: Which Stock Should Value Investors Buy Now?
- Investors interested in Banks - Foreign stocks are likely familiar with Banco Itau (ITUB) and HDFC Bank (HDB). But which of these two companies is the best option for those looking for undervalued stocks?
- 03/08/2024
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Banco Itau (ITUB) Could Be a Great Choice
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Banco Itau (ITUB) have what it takes?
- 02/23/2024
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ITUB or HDB: Which Is the Better Value Stock Right Now?
- Investors interested in stocks from the Banks - Foreign sector have probably already heard of Banco Itau (ITUB) and HDFC Bank (HDB). But which of these two stocks is more attractive to value investors?
- 02/21/2024
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UBS Q4 Earnings Decline Y/Y on Higher Expenses, Revenues Up
- A rise in operating expenses hinders UBS' Q4 earnings. Though the Business divisions' performances have not been so impressive, it managed to report higher revenues.
- 02/07/2024
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Itaú Unibanco Holding S.A. (ITUB) Q4 2023 Earnings Conference Call Transcript
- Itaú Unibanco Holding S.A. (ITUB) Q4 2023 Earnings Conference Call Transcript
- 02/06/2024
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Itau Unibanco (ITUB) Q4 Earnings & Revenues Increase Y/Y
- Increased operating revenues and managerial financial margin are partially offset by escalating costs for Itau Unibanco (ITUB) in fourth-quarter 2023.
- 02/06/2024
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ITAÚ UNIBANCO - MATERIAL FACT - Stock Buyback Program
- SÃO PAULO, Feb. 5, 2024 /PRNewswire/ -- ITAÚ UNIBANCO HOLDING S.A. informs its stockholders that the Board of Directors, meeting on February 5, 2024, has resolved to: (i) terminate early, as of this date, the buyback program of own stock approved at the Board meeting held on August 25, 2022, which would terminate on February 24, 2024
- 02/05/2024
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ITAÚ UNIBANCO - MATERIAL FACT: PROJECTIONS 2024
- SÃO PAULO, Feb. 5, 2024 /PRNewswire/ -- Itaú Unibanco Holding S.A. ("Itaú Unibanco" or "Company"), in compliance with the provisions in Article 157, paragraph 4 of Law No. 6,404/76 and in Resolution No. 44/21 of the Brazilian Securities and Exchange Commission (CVM), informs its stockholders and the market in general that it released as of this date its projections for the year 2024 in accordance with item 3 ("Projections") of the Reference Form.
- 02/05/2024
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ITAÚ UNIBANCO - MATERIAL FACT - Payment of dividends and interest on capital
- SÃO PAULO, Feb. 5, 2024 /PRNewswire/ -- ITAÚ UNIBANCO HOLDING S.A. ("Company") informs its stockholders that, as of this date, the Board of Directors has resolved on the payment of dividends to be made on March 08, 2024, in the amount of R$1.125125 per share for fiscal year of 2023, in addition to the previously declared amounts for the same fiscal year, based on the calculation of the final stockholding position registered on February 21, 2024, totaling R$11.0 billion.
- 02/05/2024
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Itaú Unibanco Holding S.A. Results for the 4th quarter of 2023
- SÃO PAULO, Feb. 5, 2024 /PRNewswire/ -- Itaú Unibanco Holding S.A. announces to its shareholders and the market at large that the Complete Financial Statements and the Management Discussion and Analysis for the 4th quarter of 2023 ending December 31, 2023, are already available on the Investor Relations website (www.itau.com.br/investor-relations).
- 02/05/2024
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Brazil's Itau Unibanco reports 4% growth in fourth-quarter profit
- Brazil's largest private lender, Itau Unibanco , reported on Monday a 4% increase in fourth-quarter recurring net profit compared with the previous year.
- 02/05/2024
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ITUB vs. HDB: Which Stock Is the Better Value Option?
- Investors interested in stocks from the Banks - Foreign sector have probably already heard of Banco Itau (ITUB) and HDFC Bank (HDB). But which of these two companies is the best option for those looking for undervalued stocks?
- 02/05/2024
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3 Stocks to Consider From the Prospering Foreign Banks Industry
- Despite concerns related to higher restructuring costs, Zacks Foreign Bank industry stocks like IBN, ITUB and DB will benefit from higher rates.
- 01/30/2024
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Strategic Buyouts Aid Itau Unibanco (ITUB), High Costs Ail
- A strong network franchise and strategic acquisitions support Itau Unibanco (ITUB). However, rising expenses limit its bottom-line growth.
- 01/04/2024
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ITUB or HDB: Which Is the Better Value Stock Right Now?
- Investors interested in stocks from the Banks - Foreign sector have probably already heard of Banco Itau (ITUB) and HDFC Bank (HDB). But which of these two companies is the best option for those looking for undervalued stocks?
- 12/28/2023
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3 Stocks to Ride the Latin America Market Boom in 2024
- Hugo Ste-Marie and the rest of his portfolio strategists at the Bank of Nova Scotia recently compiled a list of 10 major market themes for 2024. One of them was about Latin America stocks.
- 12/13/2023
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ITUB vs. HDB: Which Stock Is the Better Value Option?
- Investors looking for stocks in the Banks - Foreign sector might want to consider either Banco Itau (ITUB) or HDFC Bank (HDB). But which of these two stocks is more attractive to value investors?
- 12/11/2023
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Itau Unibanco (ITUB) Expands Offering, to Provide Crypto Trading
- In an attempt to expand its product offerings, Itau Unibanco (ITUB) introduces cryptocurrency trading service for its clients.
- 12/06/2023
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How To Build A Dividend Portfolio Allocating $100,000 Among November's Top 20 Dividend Companies
- I will show you how you can build a dividend portfolio by allocating $100,000 among November's top 20 dividend companies as well as one ETF. I will conduct a deep risk analysis to demonstrate the reduced risk level of this portfolio and the elevated likelihood of it achieving attractive investment outcomes over the long term. This dividend portfolio provides you with a weighted average dividend yield [TTM] of 4.05% and a weighted average dividend growth rate [CAGR] of 10.58%, combining dividend income and dividend growth.
- 11/23/2023
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Up To 16% Dividend Growth And Yields Reaching 6%: November's Top 10 Dividend Growth Stocks
- Dividend growth companies are an essential part of a risk-adjusted, well-balanced, and extensively diversified dividend income portfolio. I will present you with a list of 10 currently attractive dividend growth companies that have shown an Average Dividend Growth Rate [CAGR] of 10.92% over the past 5 years. Their P/E [FWD] Ratio stands at 21.88 on average, suggesting that their Valuation is attractive, particularly when considering the companies' growth prospects.
- 11/18/2023
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ITUB or HDB: Which Is the Better Value Stock Right Now?
- Investors with an interest in Banks - Foreign stocks have likely encountered both Banco Itau (ITUB) and HDFC Bank (HDB). But which of these two companies is the best option for those looking for undervalued stocks?
- 11/08/2023
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Itau Unibanco (ITUB) Q3 Earnings & Revenues Increase Y/Y
- Increased operating revenues and managerial financial margin are partially offset by escalating costs for Itau Unibanco (ITUB) in third-quarter 2023.
- 11/07/2023
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ITUB vs. HDB: Which Stock Is the Better Value Option?
- Investors interested in stocks from the Banks - Foreign sector have probably already heard of Banco Itau (ITUB) and HDFC Bank (HDB). But which of these two stocks offers value investors a better bang for their buck right now?
- 10/20/2023
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ITUB or HDB: Which Is the Better Value Stock Right Now?
- Investors looking for stocks in the Banks - Foreign sector might want to consider either Banco Itau (ITUB) or HDFC Bank (HDB). But which of these two companies is the best option for those looking for undervalued stocks?
- 10/04/2023
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3 Reasons Growth Investors Will Love Banco Itau (ITUB)
- Banco Itau (ITUB) could produce exceptional returns because of its solid growth attributes.
- 09/27/2023
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6 Reasons Why Itau Unibanco (ITUB) Stock is Worth Betting on
- Supported by solid fundamentals and good growth prospects, Itau Unibanco (ITUB) stock looks like an attractive investment option now.
- 09/27/2023
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ITUB vs. HDB: Which Stock Is the Better Value Option?
- Investors interested in stocks from the Banks - Foreign sector have probably already heard of Banco Itau (ITUB) and HDFC Bank (HDB). But which of these two stocks offers value investors a better bang for their buck right now?
- 09/18/2023
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Here is Why Growth Investors Should Buy Banco Itau (ITUB) Now
- Banco Itau (ITUB) possesses solid growth attributes, which could help it handily outperform the market.
- 09/11/2023
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Itau Unibanco (ITUB) to Sell Shares in BIA to Marco for R$250M
- Itau Unibanco (ITUB) signs a binding agreement to sell its shares in BIA to Marco for an approximate amount of R$250 million.
- 08/25/2023
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3 Reasons Why Growth Investors Shouldn't Overlook Banco Itau (ITUB)
- Banco Itau (ITUB) could produce exceptional returns because of its solid growth attributes.
- 08/24/2023
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ITUB vs. HDB: Which Stock Is the Better Value Option?
- Investors with an interest in Banks - Foreign stocks have likely encountered both Banco Itau (ITUB) and HDFC Bank (HDB). But which of these two stocks is more attractive to value investors?
- 08/15/2023
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3 Foreign Bank Stocks Worth a Look in a Prospering Industry
- Despite concerns related to higher restructuring costs, Zacks Foreign Bank industry stocks like ICICI Bank (IBN), ITUB and Barclays (BCS) will benefit from higher rates.
- 08/11/2023
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Itau Unibanco (ITUB) Q2 Earnings & Revenues Increase Y/Y
- Increased operating revenues and managerial financial margin are partially offset by escalating costs for Itau Unibanco (ITUB) in second-quarter 2023.
- 08/08/2023
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Profits for Brazil's Itau Unibanco up 14% in second quarter
- Brazilian lender Itau Unibanco reported a better-than-expected 14% increase in second-quarter net profit compared to the same period last year, while also keeping default rates stable, the bank announced in a securities filing on Monday.
- 08/07/2023
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4 Ideal Barron's Mid-Year 2023 Dividend Dog Buys
- Barron's Mid-Year Roundtable, Published July 17, listed 40 stocks of note for 2023; 38 of those were unduplicated US publicly-listed companies, of-which YCharts reported 25 as paying dividends. Barron's interviews with their ten financial-industry Roundtable pros tapped human intelligence (HI) to make predictions. Unfortunately, the YCharts screener employed to report current data, dropped seven funds off the list. Nevertheless, the Watchlist tracked by YCharts as of 7/19/23 projected ten top analyst-estimated net gains from ICE, PARA, TXT, AZN, MLI, BIIB, SIEGY, CHNI, TGNA, & topped by SLVM, ranging from 15.53%-31.31%.
- 07/23/2023
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ITUB or BCH: Which Is the Better Value Stock Right Now?
- Investors looking for stocks in the Banks - Foreign sector might want to consider either Banco Itau (ITUB) or Banco De Chile (BCH). But which of these two companies is the best option for those looking for undervalued stocks?
- 07/20/2023
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Itau Unibanco's (ITUB) Strategic Buyouts Aid Amid High Costs
- Growth in commissions and fees, and results from insurance operations and strategic acquisitions support Itau Unibanco's (ITUB) financials. However, mounting expenses and weak credit quality are concerning.
- 06/27/2023
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5 Stocks With Recent Dividend Hike to Avert Rate Hike Fears
- Dividend-paying stocks should be in demand as investors try to safeguard their portfolios. Five such stocks are: CAT, BBD, ITUB, HST, and WRB.
- 06/15/2023
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ITUB or IBN: Which Is the Better Value Stock Right Now?
- Investors looking for stocks in the Banks - Foreign sector might want to consider either Banco Itau (ITUB) or ICICI Bank Limited (IBN). But which of these two stocks is more attractive to value investors?
- 05/09/2023
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Itau Unibanco (ITUB) Q1 Earnings & Revenues Increase Y/Y
- Increased operating revenues and managerial financial margin are partially offset by escalating costs for Itau Unibanco (ITUB) in first-quarter 2023.
- 05/09/2023
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Banco Itau (ITUB) Could Be a Great Choice
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Banco Itau (ITUB) have what it takes?
- 03/27/2023
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Why Wall Street Loves These 3 Penny Stocks
- Penny for your thoughts? For a penny stock investor, top of mind is big gains.
- 03/23/2023
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ITUB vs. HDB: Which Stock Is the Better Value Option?
- ITUB vs. HDB: Which Stock Is the Better Value Option?
- 03/22/2023
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5 Attractive Dividend Stocks From An Emerging Markets Country
- When looking for ways to diversify your investment portfolio outside of the United States, there are plenty of other possibilities. One option is considering companies from emerging markets: in today's article, I will take a deep dive into the Brazilian stock market.
- 02/14/2023
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Investment Opportunities In Latin America
- The MSCI Latin America Index has performed better than the MSCI Emerging Market Index cumulatively over the past 5 and 7 years as well as over longer time periods, buoyed by its natural resource companies. The region is well placed to take advantage of the opportunities created by the renewable energy revolution with 54% of global lithium reserves concentrated there.
- 02/09/2023
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Itaú Unibanco Holding S.A. (ITUB) Q4 2022 Earnings Call Transcript
- Itaú Unibanco Holding S.A. (NYSE:ITUB ) Q4 2022 Results Earnings Conference Call February 8, 2023 8:00 AM ET Company Participants Renato Lulia - Group Head of Investor Relations and Market Intelligence Milton Maluhy Filho - Chief Executive Officer Conference Call Participants Domingos Falavina - J.P.
- 02/09/2023
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Is a Surprise Coming for Itau Unibanco (ITUB) This Earnings Season?
- Itau Unibanco (ITUB) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 02/06/2023
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How To Allocate $20,000 Among 10 Dividend Income And Growth Stocks And ETFs
- The investment portfolio I have built for you in this article consists of 2 ETFs and 8 companies which I consider to be attractive in terms of risk and reward. I have built this investment portfolio in a way that gives you a Weighted Average Dividend Yield [TTM] of 3.04%.
- 02/01/2023
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ITUB or HDB: Which Is the Better Value Stock Right Now?
- ITUB vs. HDB: Which Stock Is the Better Value Option?
- 01/11/2023
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Should Value Investors Buy Itau Unibanco (ITUB) Stock?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 01/11/2023
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The Top Indicators That Penny Stocks Traders Use
- Use these indicators for buying penny stocks in 2022 The post The Top Indicators That Penny Stocks Traders Use appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 12/25/2022
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Itaú Unibanco Holding S.A. (ITUB) Q3 2022 Earnings Call Transcript
- Itaú Unibanco Holding S.A. (NYSE:ITUB ) Q3 2022 Results Conference Call November 11, 2022 8:00 AM ET Company Participants Renato Lulia - Group Head, IR and Market Intelligence Milton Filho - CEO Conference Call Participants Flavio Yoshida - Bank of America Thiago Batista - UBS Gustavo Schroden - Bradesco BBI Rafael Frade - Citi Tito Labarta - Goldman Sachs Jason Mollin - Scotiabank Eduardo Rosman - BTG Pactual Henrique Navarro - Santander Marcelo Telles - Credit Suisse Nicolas Riva - Bank of America Renato Lulia Good morning, everyone.
- 11/16/2022
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Why Shares of Banco Santander Brasil, Banco Bradesco, and Itau Unibanco Holding Are Rising Today
- Investors are reacting to the results of the first round of Brazil's presidential election.
- 10/03/2022
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The 7 Best Financial Stocks to Buy Now
- It's undoubtedly one of the toughest times for the stock market in years. The rising interest rates have been a thorn for equity investors.
- 09/27/2022
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7 A-Rated Stocks to Buy for Less Than $10
- Some stocks under $10 are cheap for a reason, but there are other stocks under $10 that are solid long-term investments. There are all sorts of equities from which to choose when building your portfolio.
- 09/23/2022
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4 Low Price-Sales Ratio Stocks
- Value investors may consider the following stocks as potential value opportunities given their lower price-sales ratios relative to the S&P 500, while sell-side analysts on Wall Street have issued positive recommendation ratings.
- 09/22/2022
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Itaú Unibanco Holding S.A. (ITUB) CEO Milton Maluhy Filho on Q2 2022 Results - Earnings Call Transcript
- Itaú Unibanco Holding S.A. (NYSE:ITUB ) Q2 2022 Earnings Conference Call August 9, 2022 9:00 AM ET Company Participants Renato Lulia-Jacob - Head-IR and Market Intelligence Milton Maluhy Filho - CEO Conference Call Participants Flavio Yoshida - Merrill Lynch Tito Labarta - Goldman Sachs Daniel Vaz - Credit Suisse Jason Mollin - Scotiabank Domingos Falavina - JPMorgan Henrique Navarro - Santander Marcelo Telles - Credit Suisse Renato Lulia-Jacob Good morning, everyone.
- 08/09/2022
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Brazil's Itau Unibanco beats profit expectations
- Itau Unibanco reported that its second-quarter recurring net profit rose 17.4% from the previous year, the bank said in a securities filing on Monday, beating analyst expectations.
- 08/08/2022
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7 Dividend Stocks Increasing Payouts in July 2022
- As other companies are tightening their belts, these dividend stocks increasing payouts appear to have attractive investment cases. The post 7 Dividend Stocks Increasing Payouts in July 2022 appeared first on InvestorPlace.
- 07/13/2022
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ITUB vs. HDB: Which Stock Is the Better Value Option?
- ITUB vs. HDB: Which Stock Is the Better Value Option?
- 07/12/2022
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Itaú Unibanco: Market Leader With Growth Potential
- Having generated a revenue of BRL 125,601 billion in 2021, Itaú Unibanco is the largest bank in Brazil. Itaú Unibanco has agreed today to acquire control of Avenue, which is a brokerage that aims to provide Brazilians with access to foreign markets.
- 07/09/2022
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4 Low Price-Book Ratio Stocks
- Screening for stocks with market caps over $10 billion and price-book ratios under or around 1.5 could provide a good starting point for value investors as they seek to find opportunities among the myriad of U.S.-listed stocks. Thus, value investors may want to consider the following stocks, as they meet the criteria above and are recommended by Wall Street.
- 06/13/2022
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7 High-Yielding Monthly Dividend Stocks to Buy in June
- Monthly income compliments investors holding growth and value stocks by supplying a regular stream of dividends. The post 7 High-Yielding Monthly Dividend Stocks to Buy in June appeared first on InvestorPlace.
- 06/06/2022
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ITUB vs. RY: Which Stock Should Value Investors Buy Now?
- ITUB vs. RY: Which Stock Is the Better Value Option?
- 05/13/2022
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ItauUnibanco's (ITUB) Q1 Earnings and Revenues Climb Y/Y
- ItauUnibanco (ITUB) Q1 results benefit from higher revenues and a rise in credit portfolio. However, increase in non-interest expenses, cost of credit charges and non-performing loan ratio ail.
- 05/10/2022
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Itaú Unibanco Holding's (ITUB) CEO Milton Maluhy Filho on Q1 2022 Results - Earnings Call Transcript
- Itaú Unibanco Holding S.A. (NYSE:ITUB ) Q1 2022 Earnings Conference Call May 9, 2022 9:00 AM ET Company Participants Renato Lulia-Jacob – Head-Investor Relations and Market Intelligence Milton Maluhy Filho – Chief Executive Officer Conference Call Participants Flavio Yoshida – Bank of America Merrill Lynch Tito Labarta – Goldman Sachs Henrique Navarro – Santander Geoff Elliott – Autonomous Marcelo Telles – Credit Suisse Renato Lulia-Jacob Hello.
- 05/09/2022
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Itau Unibanco (ITUB) Acquires 11.4% of XP, Stock Up 2.6%
- Itau Unibanco (ITUB) acquires 11.36% equity interest in the total capital of XP Inc. for a deal value of R$ 8 billion.
- 05/04/2022
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4 Stocks Trading at a Discount
- To increase your chances of finding a bargain, you can screen the market for stocks that are trading at a discount to their estimated intrinsic values as calculated by the projected free cash flow valuation model.
- 05/02/2022
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Brazil's Itau Unibanco buys stake in XP Inc for $1.6 billion
- Brazilian lender Itau Unibanco said on Friday it has acquired an 11.36% stake in brokerage XP Inc for around 8 billion reais ($1.61 billion).
- 04/29/2022
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4 Stocks With High Earnings Returns
- Looking for stocks whose earnings returns are more than double the monthly spot rate of 20-year high-quality market corporate bonds could provide more opportunities to discover high-return investments. The investment-grade bonds represent corporate loans issued by triple-A, double-A and single-A rated companies.
- 04/19/2022
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Brazil's Itau Unibanco buys stake in agribusiness marketplace Orbia
- Brazilian lender Itau Unibanco said on Monday it has reached a deal to acquire a 12.82% stake in the agribusiness marketplace Orbia, formally known as Rede Agro Fidelidade e Intermediacao.
- 04/18/2022
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Brazil's TOTVS creates joint venture with Itau Unibanco
- Brazilian software company TOTVS said on Tuesday its board approved the creation of a joint venture with Itau Unibanco to be called TOTVS Techfin, aiming to operate a digital platform of financial services for small and medium companies.
- 04/12/2022
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Fair Isaac's (FICO) Solutions Aid Itau Unibanco Avoid Fraud
- Fair Isaac's (FICO) array of updated products aid in reducing fraud loss and credit risks across the Americas.
- 04/06/2022
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Itau Unibanco Underappreciated On Its Leverage To Higher Rates And Strong Loan Demand
- Itau beat expectations in Q4'21 and management guided to strong loan growth in '22 and very strong net interest income growth, but the market seems, at best, skeptical.
- 03/11/2022
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7 Reliable Big-Name Finance Stocks to Buy
- Rising rates and falling stocks may not seem like a great time to consider finance stocks, but it's actually an ideal time to add them. The post 7 Reliable Big-Name Finance Stocks to Buy appeared first on InvestorPlace.
- 03/07/2022
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Itau Unibanco (ITUB) Q4 Earnings and Revenues Climb Y/Y
- Itau Unibanco's (ITUB) Q4 earnings improve year over year on higher operating revenues and an expanded managerial financial margin. Although expenses rise, the balance-sheet position stays robust.
- 02/11/2022
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Itaú Unibanco Holding S.A. (ITUB) CEO Milton Filho on Q4 2021 Results - Earnings Call Transcript
- Itaú Unibanco Holding S.A. (ITUB) CEO Milton Filho on Q4 2021 Results - Earnings Call Transcript
- 02/11/2022
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Ron Baron's Firm Makes 'Smart' Bet on Rental Market
- Baron Funds recently released its 13F portfolio updates for the third quarter of 2021, which ended on Sept. 30.
- 11/19/2021
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Itau Unibanco (ITUB) Q3 Earnings Rise Y/Y on Higher Revenues
- Itau Unibanco's (ITUB) Q3 earnings improve year over year on higher operating revenues and an expanded managerial financial margin. Although expenses rise, the balance-sheet position stays robust.
- 11/05/2021
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Itau Unibanco Holding SA (ITUB) CEO Milton Filho on Q3 2021 Results - Earnings Call Transcript
- Itau Unibanco Holding SA (ITUB) CEO Milton Filho on Q3 2021 Results - Earnings Call Transcript
- 11/04/2021
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Itaú Unibanco Holding S.A. - Information on the 2021 2nd Quarter Result
- SÃO PAULO, Aug. 2, 2021 /PRNewswire/ -- Itaú Unibanco Holding S.A. ("Company") announces to its shareholders and the market at large that the Complete Financial Statements and the Management Discussion and Analysis for the 2nd quarter of 2021 ending June 30, 2021 are already available on the Investor Relations website (www.itau.com.br/investor-relations).
- 08/02/2021
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Material Fact: Itaú Wins The Bidding Process Promoted By Minas Gerais For Payroll Management Services
- SÃO PAULO, July 16, 2021 /PRNewswire/ -- ITAÚ UNIBANCO HOLDING S.A. ("Itaú Unibanco") announces to its stockholders that it won as of today, July 16, 2021, the bidding process promoted by the State of Minas Gerais, as it has presented the best financial proposal for the rendering of payroll management services, for five years, to state public servants (active, retirees and pensioners), and to companies that are suppliers of the State, totaling a monthly amount of approximately R$ 4.8 billion ("operation").
- 07/16/2021
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Itau (ITUB) and Other Global Banks Sued for Rate Rigging
- Major banks, including Itau (ITUB), Banco Santander (BSBR), HSBC, Citigroup (C) and BNP Paribas (BNP), sued for $3.8 billion by Brazilian exporters on grounds of currency manipulation.
- 06/17/2021
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ITUB Stock: A Story of Reddit, Warren Buffett and Currency Manipulation Allegations
- ITUB stock is going upward today thanks to support from the institution of Reddit. Brazilian banking is looking like a big bet.
- 06/16/2021
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5 Guru Stocks Trading With Low Price-Earnings Ratios
- As of June 9, the GuruFocus All-in-One Screener, a Premium feature, found that the following guru-owned stocks have low price-earnings ratios. While some of them are great value investments, others may need to be researched more carefully, according to the discounted cash flow calculator.
- 06/09/2021
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Howard Marks' Oaktree Invests in Energy Turnaround, Ditches Mining Company
- Oaktree Capital Management recently disclosed its portfolio updates for the first quarter of 2021, which ended on March 31.
- 05/17/2021
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Brazilian Broker XP in Growth Mode
- XP Inc. ( XP , Financial) is a Brazilian brokerage firm that is in extreme growth mode. The company is taking on new customers and assets under management are soaring.
- 05/11/2021
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Itaú Unibanco Holding S.A (ITUB) Q1 2021 Results - Earnings Call Transcript
- Itaú Unibanco Holding S.A (ITUB) Q1 2021 Results - Earnings Call Transcript
- 05/04/2021
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Itau Unibanco (ITUB) Q1 Earnings And Revenues Rise Y/Y
- Itau Unibanco's (ITUB) Q1 earnings reflect higher operating revenues and managerial financial margin. Although expenses saw a rise, its balance sheet position stayed robust.
- 05/04/2021
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Itaú Unibanco Holding S.A.: Information on the 2021 1st quarter result
- SÃO PAULO, May 3, 2021 /PRNewswire/ -- Itaú Unibanco Holding S.A. ("Company") announces to its shareholders and the market at large that the Complete Financial Statements and the Management Discussion and Analysis for the 1st quarter of 2021 ending March 31, 2021 are already available on the Investor Relations website (www.itau.com.br/investor-relations).
- 05/03/2021
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Itaú Unibanco Holding's 2020 Annual Report on Form 20-F filed with the SEC and the CVM
- SÃO PAULO, April 30, 2021 /PRNewswire/ -- Itaú Unibanco Holding S.A. (B3: ITUB3, ITUB4; NYSE: ITUB) (the "Company") filed its annual report on Form 20-F for the fiscal year ended December 31, 2020 (the "2020 Form 20-F") with the U.S. Securities and Exchange Commission ("SEC").
- 04/30/2021
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3 High Earnings Return Stocks
- Picking stocks whose earnings returns are more than double the monthly spot rate of the 20-year high-quality market corporate bonds yields a higher likelihood to unearth high-return investments, in my opinion. These investment-grade bonds represent corporate loans issued by triple-A, double-A and single-A rated companies.
- 04/30/2021
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Itaú Unibanco Holding S.A.: Payment of Interest on Capital
- SÃO PAULO, April 16, 2021 /PRNewswire/ -- ITAÚ UNIBANCO HOLDING S.A. informs its stockholders that its Board of Directors, as of today, approved the payment, to be made up to December 31, 2021, of the following earnings to stockholders, the calculation of which is based on the final stockholding position of April 27, 2021, with shares traded "ex-rights" as from April 28, 2021: Interest on capital in the amount of R$0.05648 per share, with 15% withholding income tax, resulting in net interest of R$0.048008 per share, with the exception of any corporate stockholders provenly immune or exempt from such withholding.
- 04/16/2021
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10 Cheap Stocks Under $10 That Don't Deserve Your Time or Money
- There are plenty of cheap stocks out there, but don't confuse inexpensive for undervalued; these 10 stocks under $10 should be avoided. The post 10 Cheap Stocks Under $10 That Don't Deserve Your Time or Money appeared first on InvestorPlace.
- 03/23/2021
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Can Value Investors Pick Itau Unibanco Holding (ITUB) Stock?
- Is Itau Unibanco Holding (ITUB) a great pick from the value investor's perspective right now? Read on to know more
- 03/19/2021
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Itaú Unibanco Holding S.A.: Material Fact: Payment of Interest on Capital
- SÃO PAULO, March 16, 2021 /PRNewswire/ -- ITAÚ UNIBANCO HOLDING S.A. informs its stockholders that its Board of Directors has approved as of today, March 16, 2021, the payment up to December 31, 2021 of the following earnings to stockholders, based on the final stockholding position recorded on March 25, 2021: interest on capital, in the amount of R$0.05064 per share, with a 15% withholding income tax, which will result in net interest of R$0,043044 per share, with the exception of any corporate stockholders able to prove they are either immune or exempt from such withholding.
- 03/16/2021
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Itau Unibanco - Work To Do, But Undervalued On Recovery Prospects
- Itau Unibanco - Work To Do, But Undervalued On Recovery Prospects
- 03/10/2021
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Itaú Unibanco Holding S.A. (ITUB) CEO Candido Bracher on Q4 2020 Results - Earnings Call Transcript
- Itaú Unibanco Holding S.A. (ITUB) CEO Candido Bracher on Q4 2020 Results - Earnings Call Transcript
- 02/02/2021
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Are You Looking for a High-Growth Dividend Stock? Banco Itau (ITUB) Could Be a Great Choice
- Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Banco Itau (ITUB) have what it takes?
- 02/02/2021
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Itau Unibanco (ITUB) Q4 Earnings and Revenues Decline Y/Y
- Itau Unibanco's (ITUB) fourth-quarter 2020 results reflect lower revenues, elevated expenses and rise in cost of credit.
- 02/02/2021
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Itaú Unibanco Holding S.A. Announcement to the Market
- SÃO PAULO, Feb. 1, 2021 /PRNewswire/ -- We present below the differences between our financial statements in BRGAAP and in International Financial Reporting Standards – IFRS. As from January 1st, 2018, IFRS 9 came into effect, the accounting standard that replaces IAS 39 in the treatment...
- 02/01/2021
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Itaú Unibanco Holding S.A. Material Fact - Payment of Dividends or Interest on Capital
- SÃO PAULO, Feb. 1, 2021 /PRNewswire/ -- ITAÚ UNIBANCO HOLDING S.A. informs its stockholders that its Board of Directors, after examining and approving the financial statements for the year ended December 31, 2020, has decided as of today, February 1, 2021, to distribute to its...
- 02/01/2021
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Itaú Unibanco Holding S.A. Results for the 4th quarter of 2020
- SÃO PAULO, Feb. 1, 2021 /PRNewswire/ -- Itaú Unibanco Holding S.A. ("Company") announces to its shareholders and the market at large that the Complete Financial Statements and the Management Discussion and Analysis for the 4th quarter of 2020 ending December 31, 2020 are already available...
- 02/01/2021
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Earnings Outlook for Itau Unibanco Holding
- Itau Unibanco Holding (NYSE:ITUB) releases its next round of earnings this Monday, February 01. Here is Benzinga's essential guide to Itau Unibanco Holding's Q4 earnings report.
- 01/29/2021
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Brazil's Bargain-Basement Stocks Are Drawing Investors
- The No. 5 emerging market looks attractive, with the iShares MSCI Brazil ETF down 20% over the past year compared with a 19% gain for global emerging markets.
- 01/15/2021
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5 Banks Trading With Low Price-Earnings Ratios
- As of Jan. 14, the GuruFocus All-in-One Screener, a Premium feature, found that the following guru-owned banks have low price-earnings ratios. While some of them are great value investments, others may need to be researched more carefully, according to the discounted cash flow calculator.
- 01/14/2021
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Here's Why You Should Hold Itau Unibanco (ITUB) Stock Now
- Expansion strategies and strong funding base aid Itau Unibanco (ITUB) amid persistently increasing expenses.
- 12/29/2020
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Itaú Unibanco Selects AWS as Its Long-Term Strategic Cloud Provider to Accelerate Digital Transformation
- SEATTLE--(BUSINESS WIRE)--Today, Amazon Web Services (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), announced that Itaú Unibanco Holding (NYSE: ITUB), Latin America's largest bank, has selected AWS as its long-term strategic cloud provider. Itaú Unibanco will leverage the world's leading cloud to accelerate its digital transformation and enhance the banking experience for its 56 million customers around the world. As part of the 10 year deal, which expands on the bank's existing relationshi
- 11/30/2020
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Itau Unibanco (ITUB) Reveals Plan to Spin Off Investment in XP
- Itau Unibanco (ITUB) awaits approval of its board of directors for its plan to create a separate entity, representing 41.05% of the capital of Investment in XP.
- 11/27/2020
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Itaú Unibanco Holding S.A.: Announcement to the Market
- SÃO PAULO, Nov. 3, 2020 /PRNewswire/ -- We present below the differences between our financial statements in BRGAAP and in International Financial Reporting Standards – IFRS. As from January 1st, 2018, IFRS 9 came into effect, the accounting standard that replaces IAS 39 in the treatment...
- 11/03/2020
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Itaú Unibanco Holding S.A.: Results for the 3rd quarter of 2020 - Announcement to the Market
- SÃO PAULO, Nov. 3, 2020 /PRNewswire/ -- Itaú Unibanco Holding S.A. ("Company") announces to its shareholders and the market at large that the Complete Financial Statements and the Management Discussion and Analysis for the 3rd quarter of 2020 ending September 30, 2020 are already...
- 11/03/2020
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Itau Unibanco Ratings Affirmed by Moody's, Outlook Stable
- Moody's Investors Service affirms ratings of Itau Unibanco (ITUB). Moreover, the ratings firm left outlook for the lender unchanged.
- 08/17/2020
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Itausa S.A. -- Moody´s affirms Itaúsa's Ba3 issuer rating; stable outlook
- Moody´s América Latina Ltda., ("Moody´s") has today affirmed Itaúsa S.A.'s (Itaúsa) Ba3 local-currency issuer rating. Moody's also affirmed Itaúsa's Brazilian national scale issuer rating at A1.br. The rating action follows the announcement by Moody's Investors Service (MIS) of the affirmation of all ratings assigned to its main direct and indirect investments, respectively Itaú Unibanco Holding S.A. (IUH) and Itaú Unibanco S.A. (IU), ("Moody's affirms Itau Unibanco's ratings; stable outlook") published on 14 August 2020, available at https://www.moodys.com/research/Moodys-affirms-Itau-Unibancos-ratings-stable-outlook--PR_430044.
- 08/14/2020
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Itau Unibanco Holding S.A. (Cayman Islands) -- Moody's affirms Itau Unibanco's ratings; stable outlook
- Moody's has also affirmed all short-term ratings, the counterparty risk ratings and counterparty risk assessments, as well as the senior unsecured MTN rating of (P)Ba2. At the same time, Moody's affirmed all ratings assigned to Itau Unibanco Holding S.A. (IUH), including its local currency issuer rating at Ba3 and the senior and subordinated debt ratings.
- 08/14/2020
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Brazilian homebuilder Yuni files for IPO
- Brazilian homebuilder Yuni Incorporadora Holding SA filed with the country's securities regulator on Friday for an initial public offering, according to a filing. Both the company and its shareholders plan to raise money in the offering, Yuni said. The homebuilder will use the proceeds to acquire land, raise cash and invest in digital businesses.
- 08/07/2020
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Brazil's Senate approves cap on overdraft, credit card interest
- Brazil's Senate approved on Thursday evening a bill to limit interest rates charged on credit card debt and overdraft lines, a move aimed at helping consumers suffering the fallout from the COVID-19 pandemic, but that could weigh on banks' 2020 profit. Lawmakers proposed a cap of 30% per year on debt rolled over on credit cards and overdraft lines for all loans extended by banks from March until the end of state of emergency declared by Brazil's government. The current average interest rate for overdraft lines is 110% and for rolled-over credit card debt it stands at 300%.
- 08/07/2020
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Brazil's biggest lenders delay $44 bln in loan for consumers, companies
- Brazil's top four listed lenders are giving months-long extensions for consumers and companies to repay 235 billion reais ($43.98 billion) in outstanding loans, a move to give financially squeezed borrowers breathing room. The loans subject to forbearance programs, which range from 13% of Banco Santander Brasil SA's portfolio to 10% of Itau Unibanco Holding SA's, are an indicator of potential defaults. Banco do Brasil SA has offered extensions on 11.6% of its portfolio, while Banco Bradesco SA has done so on 12.75%.
- 08/07/2020
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Brazilian homebuilder Kallas files for IPO
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Itaú Unibanco Holding (ITUB) Q2 2020 Earnings Call Transcript
- ITUB earnings call for the period ending June 30, 2020.
- 08/05/2020
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EMERGING MARKETS-Argentine bonds rally on debt deal; Brazil's real outperforms Latam FX
- * Argentine stocks reverse course after strong surge * Near-term rally an opportunity to pare back on Arg peso-Citi * Brazil's largest lender Itau Unibanco falls after weak results * Ecopetrol rises on narrowly avoiding loss in Q2 (Updates prices) By Ambar Warrick and Susan Mathew Aug 4 (Reuters) - Brazil's real firmed on Tuesday, cheered by a rise in industrial output, while Argentine bonds rose after the country struck a deal to restructure $65 billion in sovereign debt. After multiple deadline extensions, Argentina said it had reached a deal with three creditor groups, which potentially could help it climb out of a damaging default and revive the recession-hit economy. Argentina's Merval stock index, which had jumped 6.6% on Monday and almost 7% this session to scale a record high, reversed course to trade 0.7% lower.
- 08/04/2020
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Itaú Unibanco Holding S.A. Payment of Interest on Capital
- ITAÚ UNIBANCO HOLDING S.A.
- 08/04/2020
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Itaú Unibanco Holding S.A. Announcement to the Market - IFRS - Results for the 2nd Quarter of 2020
- We present below the differences between our financial statements in BRGAAP and in International Financial Reporting Standards – IFRS.
- 08/04/2020
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Itaú Unibanco Holding S.A.: Information on the 2020 2nd quarter result
- Itaú Unibanco Holding S.A. ("Company") announces to its shareholders and the market at large that the Complete Financial Statements and the Management Discussion and Analysis for the 2nd quarter of 2020 ending June 30, 2020 are already available on the Investor Relations website (www.itau.com.br/investor-relations).
- 08/04/2020
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Brazil's Itau sees profit plunge 40% as loan provisions soar
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ltaú Announces Results for the 2nd Quarter of 2020 and Conference Call
- ltaú Unibanco Holding S.A. (B3: ITUB4 and ITUB3 and NYSE: ITUB) informs that it will disclose it's quarterly results on the lnvestor Relations website on August 03rd (Monday), after the closing of the stock markets in Brazil and in the United States.
- 07/28/2020
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Brazil judge approves Odebrecht's bankruptcy restructuring plan
- A Brazilian judge on Monday approved a bankruptcy restructuring plan for Odebrecht, the battered construction conglomerate that was a key fixture of the sprawling corruption probe known as "Operation Car Wash." The judge, in a decision seen by Reuters, approved the plan and rejected objections from creditors, including state bank BNDES, Itaú Unibanco, Banco Bradesco, Santander Brasil and Banco do Brasil. Creditors in April had approved the restructuring plan for most of the subsidiaries that make up Odebrecht.
- 07/27/2020
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Brazil's Farmacias Nissei hires banks to raise $192 mln in IPO -blog
- Brazilian drugstore chain Farmacias Nissei has hired four banks to manage an initial public offering (IPO) aimed at raising 1 billion reais ($192 million), the Brazil Journal financial blog reported on Friday, citing unnamed sources. The company, which is said to be a leading drugstore chain in the southern state of Parana, plans to use proceeds to fund organic growth and pay off a debt with U.S. investment firm Farallon Capital Management L.L.C, the publication said. Farmacias Nissei is expected to file its IPO request at securities regulator CVM in mid-September and pricing is likely to occur by year-end, Brazil Journal said.
- 07/24/2020
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Brazil's Dimed and shareholders in $203 mln share offer -filing
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Brazil securities agency aims to cut funds' regulatory costs
- Brazilian securities regulator CVM is working on several measures to help reduce investment funds' regulatory costs as they face growing pressure to cut administrative fees as the country's interest rates hit record lows. The move comes as investors hungry for stronger returns increasingly shift funds to multimarkets and equities vehicles from fixed income ones. Among other actions, CVM is likely to announce a platform allowing funds to automatically update basic information, replacing a manual system which is considered one of the sector's main regulatory costs.
- 07/22/2020
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Harding Loevner Global Equity Fund Q2 2020 Letter
- Harding Loevner is an investment manager that invests primarily in publicly traded global equities. We were founded in 1989 by former managers for the Rockefeller family.
- 07/22/2020
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Itaú Unibanco - Conference Call Invitation
- ltaú Unibanco Holding S.A. (B3: ITUB4 and ITUB3 and NYSE: ITUB) informs that it will disclose its quarterly results on the lnvestor Relations website on August 03rd (Monday), after the closing of the stock markets in Brazil and in the United States.
- 07/22/2020
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Itau Corpbanca likely to pay dividends close to zero after impairment
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Chilean Itau Corpbanca takes $930 mln impairment charge
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Brazil's Itau appoints Alvaro Pimentel to head Latam ops
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Brazil govt likely to send tax reform to Congress in August -treasury secretary
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38 Equities Boosted Dividends 6/8-6/29/20 Despite Uncertainties
- Barron's Weekly lists stocks announcing dividend payment boosts on the last page of its financial data section. Here is your dogcatcher 6/8-6/29 rundown for 38
- 07/02/2020
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Brazil's Grupo Dimed plans $146 mln share offering, conversion to single stock class -report
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Brazilian broker XP and shareholder Itau in investment dispute
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Brazil's BTG to raise $400 million to challenge rival XP
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Rising Costs Hurt Itau Unibanco's Bottom Line: Time to Sell?
- Itau Unibanco's (ITUB) bottom line will likely be hampered due to continuously increasing expenses. Also, intense competition remains a woe.
- 06/16/2020
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Itaú Unibanco discloses its Integrated Annual Report 2019
- Itaú Unibanco ("Company" or "Itaú Unibanco") announces to the market that it has disclosed its Integrated Annual Report 2019. In this edition, the Board of Directors assesses the Company's operational performance and the strategic activities carried out to face up future challenges. The Executive Committee explains how client centricity has become the guiding thread for customer satisfaction improvement and reports the Positive Impact Commitments aimed at our value creation as a financial institution. Financial results under IFRS for fiscal year 2019 are commented by our CFO and CRO.
- 06/15/2020
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Shares of several financial service companies are trading lower following an increase in coronavirus cases in some US states that have reopened, leading to concerns of a second wave of the virus. The Fed kept rates at zero and noted it could stay there for as long as it takes for the economy to recover.
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Shares of several financial services companies are trading lower as markets sell-off following recent strength and as investors await today's Federal Reserve decision.
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Shares of several financial services companies are trading lower as equities sell off following recent rally. Stocks have rallied over the past week amid optimism towards the US economy reopening and investors have potentially taken some profits following run up.
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Shares of several financial services companies are trading higher on continued optimism amid the reopening of the economy, which would increase consumer spending and economic activity.
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Shares of several financial services companies are trading higher following strong US jobs data and continued optimism amid the reopening of the economy. A reopening will likely result in an uptick in consumer spending and borrowing.
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Shares of several financial services companies are trading higher following strong US jobs data and continued optimism amid the reopening of the economy. A reopening will likely result in more consumer spending and borrowing.
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Shares of several financial companies are trading higher despite overall market weakness. Strength potentially related to states reopening, which would boost economic activity, consumer spending and borrowing.
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Shares of several financial services companies are trading higher as equities continue to gain on optimism over an economic reopening as well as a smaller-than-expected drop in nonfarm payrolls.
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INSIGHT-Brazil's rescue plan flaws imperil small business recovery
- Most of Brazil's small businesses, which account for more than half of its jobs and 30% of gross domestic product, are not getting the cash President Jair Bolsonaro pledged to help them through the coronavirus crisis, putting recovery at risk. Despite a $7 billion program to help small and medium-sized businesses pay their workers as lockdowns tipped Brazil into its steepest annual downturn since records began, banks have so far only 5% distributed of the funds, Economy Ministry data shows. Jose Eutimio Brandao Jr, who fired 50 of the 170 people he employed at a bar, restaurant, bakery and nightclub in the northeastern state of Alagoas, is one of those affected.
- 06/03/2020
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Shares of several global financial services companies are trading higher, potentially in sympathy with US market strength. US equities have gained this session on investor hopes of a pickup in economic activity, which could lead to a rebound in spending and borrowing.
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Shares of several financial services companies are trading higher as equities gain amid continued optimism towards a rebound in economic activity, which could lead to a potential rebound in spending and borrowing.
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Shares of several financial services companies are trading lower amid market volatility as investors await Trump's China press conference later today.
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National Bank of Canada (NTIOF) Q2 Earnings Decline Y/Y
- National Bank of Canada's (NTIOF) Q2 results are hurt by a substantial rise in provisions, lower interest rates and higher expenses.
- 05/27/2020
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Shares of several financial services companies are trading higher amid economic optimism, stemming from some US states reopening businesses, an increase in mortgage demand figures and positive vaccine sentiment.
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12 Financial Services Stocks Moving In Tuesday's Pre-Market Session
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Brazilian state lender Caixa reports 22% fall in Q1 net income
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Announcement To The Market - Expansion of Todos pela Saúde
- Itaú Unibanco Holding S.A. ("Company") announces to its stockholders and the market in general, in line with the Material Fact disclosed on April 13, 2020, that its controlling stockholders have made a donation in the total amount of R$200 million to Todos pela Saúde (All for Health) for the purpose of fighting the novel coronavirus and its effects on Brazilian society.
- 05/20/2020
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Announcement To The Market - Expansion of Todos pela Saúde
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Brazil's Itau CEO says banks not able to meet clients' demand for loans
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Shares of several financial stocks are trading higher amid general stock market strength and comments from Federal Reserve Chair Powell stating the Federal Reserve 'is not out of ammunition by a long shot.'
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Stocks That Hit 52-Week Lows On Thursday
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Brazil's central bank to shower economy with money in case of depression -economy minister
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Shares of several global financial services companies are trading higher as equities gain after US unemployment figures came in below consensus estimates. Equities have been strong this week amid a rebound in oil prices and some US states easing lockdown restrictions.
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Brazil's Embraer confirms in talks with BNDES, domestic and foreign banks over financing support
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Shares of several Brazilian companies are trading lower amid increasing coronavirus deaths and political instability and within the country.
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Brazil's development bank BNDES to provide $704 mln to finance small companies
- Brazilian state-development bank BNDES will invest 4 billion reais ($703.52 million) in asset managers focused on financing small companies, according to a document released on Wednesday. BNDES said it will invest in up to 10 private credit funds, to be selected in the coming weeks. Commonly financed by institutional investors, such funds aim to provide an alternative to bank lending for companies too small to finance themselves through debt or equity offerings.
- 05/06/2020
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Itau Unibanco Holding SA ADR (ITUB) Q1 2020 Earnings Call Transcript
- Welcome to Itau Unibanco Holding conference call to discuss the 2020 first quarter results. With us today on this conference call in Sao Paulo are Mr. Candido Bracher, President and CEO; Mr. Milton Maluhy Filho, Executive Vice President, CFO and CRO; Mr. Alexsandro Broedel, Executive Director, Group Head of Finance and IR; and Renato Lulia Jacob, Head of IR and Market Intelligence. First, Mr. Candido Bracher will comment on 2020 first quarter results.
- 05/06/2020
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Embraer, airlines hire advisers to discuss govt support, restructuring -sources
- At least two Brazilian airlines and planemaker Embraer SA have hired investment banks to help with talks with state development bank BNDES for government support, sources with knowledge of the matter said. Embraer has hired Itau BBA, the investment banking unit of Itau Unibanco Holding SA, two sources said. Embraer is seeking credit lines between $1 billion and $1.5 billion after a deal with Boeing Co fell through.
- 05/06/2020
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EMERGING MARKETS-Latam assets propped up by commodity gains; Brazil's real lags
- * Brazilian industrial output plummets in March * Chilean peso touches highest level since late March * Argentine debt negotiations in focus (Adds comment, updates prices) By Susan Mathew and Ambar Warrick May 5 (Reuters) - Most Latin American stocks and currencies rose on Tuesday as a bump in crude prices helped those with oil exposure, while markets eyed an easing in coronavirus-related lockdowns. The Mexican peso climbed 0.4%, while Colombia's currency jumped 1.2%, inching closer to three-week highs, as oil prices rose on hopes of increased demand after certain U.S. states outlined plans for reopening businesses, while several countries tentatively eased lockdowns. Chile's peso touched over five-week highs as copper prices also rose on hopes of increased demand.
- 05/05/2020
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Itau Unibanco (ITUB) Q1 Earnings Disappoint, Provisions Up
- Itau Unibanco's (ITUB) Q1 earnings highlight higher provisions, partly muted by a reduction in expenses and solid revenues.
- 05/05/2020
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Brazil's Itau Unibanco to focus on further cutting operating expenses
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Material Fact - Suspension of Projections for 2020
- Itaú Unibanco Holding S.A. ("Company" or "Itaú Unibanco"), in compliance with Article 157, Paragraph 4 of Law 6,404/76 and Instruction no. 358/02 of the Brazilian Securities and Exchange Commission, informs its stockholders and the market in general that the Company's management has decided to suspend its projections for the year 2020, disclosed through Material Fact on February 10, 2020.
- 05/05/2020
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Announcement to the Market - Disclosure of results for the first quarter of 2020, according to International Financial Reporting Standards - IFRS
- We present below the differences between our financial statements in BRGAAP and in International Financial Reporting Standards – IFRS.
- 05/05/2020
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Shares of several global financial services are trading higher amid positive investor sentiment as some US states begin to reopen their economies and as oil prices gain for the session.
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Itaú Unibanco Holding S.A. Results for the 1st quarter of 2020
- Itaú Unibanco Holding S.A. ("Company") announces to its shareholders and the market at large that the Complete Financial Statements and the Management Discussion and Analysis for the 1st quarter of 2020 ending March 31, 2020 are already available on the Investor Relations website (www.itau.com.br/investor-relations).
- 05/04/2020
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Brazil's Itau Unibanco profit dives as loan defaults loom
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Itaú Unibanco - Conference Call Invitation
- ltaú Unibanco Holding S.A. (B3: ITUB4 and ITUB3 and NYSE: ITUB) informs that it will disclose its quarterly results on the lnvestor Relations website on May 04th (Monday), after the closing of the stock markets in Brazil and the United States.
- 05/04/2020
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Itaú Unibanco Holding S.A. Results for the –st quarter of —…—…
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Itaú Unibanco - Results for the 1st Quarter of 2020
- ltaú Unibanco Holding S.A. (B3: ITUB4 and ITUB3 and NYSE: ITUB) informs that it will disclose its quarterly results on lhe lnvestor Relations website on May 04th (Monday), after the closing of the stock markets in Brazil and the United States.
- 04/30/2020
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Shares of several global financial services companies are trading lower amid market weakness following US jobless claims and consumer spending data.
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How housebound Brazil popstars and CEOs caught streaming mania and dominated YouTube
- The concert, which drew 3.3 million peak concurrent viewers - a worldwide record for YouTube - was one of the most dramatic signs yet of how live streaming has gone viral in Brazil as the coronavirus lockdown has virtually paralyzed Latin America's most populous country. With much of the world stuck
- 04/29/2020
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GeoPark Ltd (NYSE:GPRK) Given Average Rating of "Hold" by Analysts
- GeoPark Ltd (NYSE:GPRK) has earned a consensus recommendation of “Hold” from the nine analysts that are presently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 12-month target price among analysts […]
- 04/29/2020
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Itaú Unibanco Holding's 2019 Annual Report on Form 20-F filed with the SEC and the CVM
- Itaú Unibanco Holding S.A. (B3: ITUB3, ITUB4; NYSE: ITUB) (the "Company") filed its annual report on Form 20-F for the fiscal year ended December 31, 2019 (the "2019 Form 20-F") with the U.S. Securities and Exchange Commission ("SEC").
- 04/28/2020
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Shares of several global financial services companies are trading higher for the session as some US states ease lockdown restrictions and as investors weigh quarterly earnings from blue chip companies.
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Hot Options Report For End Of Day - Monday, April 27
- Top tickers for end of day: NAT, VALE, ZNGA, MRVL, TLRY, ITUB, BBBY, NFLX, TSLA.
- 04/27/2020
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Brazilian banks postpone $4 bln in debts for consumers, companies
- Brazilian banks have so far postponed 22.2 billion reais ($3.91 billion) in debt installments due in the coming months, in a move to help consumers and companies amid the coronavirus outbreak, the country's bank industry group said on Monday. In March, Brazil's top-five lenders - Itau Unibanco Holding SA, Banco do Brasil SA, Banco Bradesco SA , Banco Santander Brasil SA and Caixa Economica Federal - said they would offer clients a grace period of between two and six months to pay debt installments amid the economic crisis stemming from the pandemic.
- 04/27/2020
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Brazilian Stocks Dive Amid Shock Resignation
- Brazilian stocks face both economic and political challenges in the months ahead. Explore these three tactical shorting plays.
- 04/27/2020
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Shares of several Brazilian stocks are trading higher potentially as a rebound to a steep sell-off Friday on news the country's justice minister resigned.
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Brazil stocks, currency plunge on departure of two top government officials
- The resignation of Brazil's justice minister has sparked a political crisis as well as a slump in stocks (EWZ -7.9%) and a slide in the real to yet another record low against the dollar.Sergio Moro, o
- 04/24/2020
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Stocks That Hit 52-Week Lows On Friday
- On Friday, 15 stocks made new 52-week lows.
Intriguing Points:
Itau Unibanco Holding (NYSE: ITUB) was the largest, in terms of market cap, to set a new 52-week low....
- 04/24/2020
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ltaú Unibanco Holding S.A. - Conference Call Invitation
- ltaú Unibanco Holding S.A. (B3: ITUB4 and ITUB3 and NYSE: ITUB) informs that it will disclose its quarterly results on the lnvestor Relations website on May 04th (Monday), after the closing of the stock markets in Brazil and the United States.
- 04/24/2020
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Malls Reopen as Quarantine Rules Ease in Some Brazil States
- (Bloomberg) — Shoppings malls have started to resume activities as some states and cities in Brazil relaxe quarantine rules. About 40 of more than 570 commercial centers are already back at w…
- 04/23/2020
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34 Equities Boosted Dividends 3/30-4/20 Despite Uncertainties
- Barron's Weekly lists the stocks announcing dividend payment boosts on the very last page of its financial data section. Here is your dog catcher 3/30-4/20 rund
- 04/23/2020
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ltaú Unibanco Holding S.A. - Conference Call Invitation
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Itau Unibanco further extends debt maturities -statement
- Brazil's largest lender, Itau Unibanco Holding SA, has decided to extend debt payments and maturities for individuals and companies amid the crisis stemming from the novel coronavirus pandemic, the bank said in a statement on Wednesday. Debt maturity extension may reach up to six years for small companies and up to five years for individuals with no change in interest rates, according to Itau, as the bank seeks to reduce installment payments to adjust them to clients' constrained budget. The new plan may support nearly 20 million consumers and 1 million small companies, Itau said.
- 04/22/2020
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Goldman Sachs Group Inc. Acquires 1,243 Shares of GeoPark Ltd (NYSE:GPRK)
- Goldman Sachs Group Inc. lifted its position in GeoPark Ltd (NYSE:GPRK) by 4.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 31,573 shares of the oil and gas company’s stock after acquiring an additional 1,243 shares during the period. Goldman Sachs Group Inc. owned 0.05% […]
- 04/21/2020
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Shares of several global financial services companies are trading lower on continued downward momentum after oil prices fell to historic lows, partially stemming from weak demand caused by the coronavirus outbreak.
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Shares of several global financial services companies are trading lower as equities fall amid a decline in US oil prices. The drop in oil has raised concerns over the economic impact of the coronavirus pandemic.
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Ethanol demand slump puts Brazil sugar industry in a grind
- Brazilian sugar and ethanol companies are going into survival mode, cutting back harvest operations and tapping into credit lines to weather the slump in fuel demand caused by the coronavirus pandemic. In Brazil, where most cars can run on gasoline or sugar-based ethanol, the fall-off has hit hard,
- 04/17/2020
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WELLCOME TRUST LTD (THE) as trustee of the WELLCOM Buys VMware Inc, Visa Inc, Accenture PLC, ...
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Brazil’s Retailers Want to Reschedule Mother’s Day
- (Bloomberg) -- Retailers are pushing to postpone Mother’s Day holiday to July in a effort to protect sales, while all eyes are on President Jair Bolsonaro potentially replacing his health minister amid tensions about social isolation measures, according to local media.The latest data from the Health
- 04/15/2020
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Brazil’s Retailers Want to Reschedule Mother’s Day
- (Bloomberg) — Retailers are pushing to postpone Mother’s Day holiday to July in a effort to protect sales, while all eyes are on President Jair Bolsonaro potentially replacing his healt…
- 04/15/2020
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Brazil's government talks to banks about bailout role -sources
- Brazil's economy ministry is talking with private banks about providing bailouts to airlines, automakers, power companies and large retailers to help them survive the coronavirus crisis, two sources with knowledge of the matter said on Wednesday. Economy Minister Paulo Guedes met with the chief executives of the largest privately-owned Brazilian lenders, Banco Bradesco SA, Itau Unibanco Holding SA, Banco Santander Brasil SA over the weekend and on Monday to discuss which debt instruments would be needed, the sources said on condition of anonymity. The heads of the Brazilian central bank, state development bank BNDES and state-controlled Banco do Brasil SA's also attended the meetings, which are expected to continue in the coming days.
- 04/15/2020
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AI behavioral biometric startup BioCatch raises $145 million
- BioCatch, which taps AI and machine learning to spot signs of identity theft, has raised $145 million in venture capital.
- 04/15/2020
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Deprince Race & Zollo Inc. Decreases Holdings in Southern Copper Corp (NYSE:SCCO)
- Deprince Race & Zollo Inc. decreased its position in shares of Southern Copper Corp (NYSE:SCCO) by 28.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,262 shares of the basic materials company’s stock after selling 20,300 shares during the quarter. Deprince Race […]
- 04/15/2020
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Shares of several banks and financial services companies are trading lower as equities dip amid mixed earnings results from banks, a significant decline in the price of oil and worse than expected retail sales in March.
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Analyzing Itau Unibanco (NYSE:ITUB) & Capital City Bank Group (NYSE:CCBG)
- Itau Unibanco (NYSE:ITUB) and Capital City Bank Group (NASDAQ:CCBG) are both finance companies, but which is the better business? We will compare the two businesses based on the strength of their earnings, valuation, dividends, profitability, analyst recommendations, institutional ownership and risk. Analyst Ratings This is a summary of current ratings and price targets for Itau […]
- 04/14/2020
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Shares of several global financial services companies are trading higher as markets gain on positive coronavirus outlook. Optimism surrounding the virus has led to hopes of an upcoming return to economic activity, which would benefit the sector.
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Nuveen Asset Management LLC Has $18.45 Million Stake in Southern Copper Corp (NYSE:SCCO)
- Nuveen Asset Management LLC trimmed its position in Southern Copper Corp (NYSE:SCCO) by 3.9% in the fourth quarter, HoldingsChannel.com reports. The firm owned 434,343 shares of the basic materials company’s stock after selling 17,752 shares during the period. Nuveen Asset Management LLC’s holdings in Southern Copper were worth $18,451,000 as of its most recent filing […]
- 04/13/2020
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MATERIAL FACT: A R$ – billion donation for the novel coronavirus relief efforts in Brazil
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Itau Unibanco Holding SA Announces Monthly Dividend of $0.00 (NYSE:ITUB)
- Itau Unibanco Holding SA (NYSE:ITUB) declared a monthly dividend on Friday, April 10th, Wall Street Journal reports. Investors of record on Monday, May 4th will be given a dividend of 0.003 per share by the bank on Thursday, June 11th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.77%. […]
- 04/12/2020
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Why Brazil Will Likely Not 'Emerge,' But May Still Offer Select Investment Opportunities
- We have not been convinced of any scenario in which Brazil emerges as a growth economy. We believe it simply has too many self-inflicted impediments to support
- 04/12/2020
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GeoPark (NYSE:GPRK) Cut to Sector Perform at Scotiabank
- Scotiabank lowered shares of GeoPark (NYSE:GPRK) from a sector outperform rating to a sector perform rating in a report issued on Tuesday, Briefing.com Automated Import reports. Several other brokerages also recently commented on GPRK. TheStreet downgraded shares of GeoPark from a b rating to a c+ rating in a research note on Monday, February 24th. […]
- 04/11/2020
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EWZ: Assessing The Pandemic Fallout On Brazil Stocks
- The iShares MSCI Brazil Capped ETF is down by 45% year to date amid the coronavirus selloff. The Brazilian economy is being significantly impacted by ongoing is
- 04/10/2020
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Janus Henderson Group PLC Cuts Holdings in Southern Copper Corp (NYSE:SCCO)
- Janus Henderson Group PLC cut its position in shares of Southern Copper Corp (NYSE:SCCO) by 89.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 5,740 shares of the basic materials company’s stock after selling 46,562 shares during the quarter. Janus Henderson Group […]
- 04/10/2020
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Ladenburg Thalmann Financial Services Inc. Grows Holdings in Southern Copper Corp (NYSE:SCCO)
- Ladenburg Thalmann Financial Services Inc. boosted its holdings in Southern Copper Corp (NYSE:SCCO) by 88.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,029 shares of the basic materials company’s stock after purchasing an additional 8,441 shares during the […]
- 04/08/2020
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Shares of several financial services companies are trading higher amid optimism that coronavirus cases around the world are potentially easing. Global slowing cases could raise hopes of a sooner return to spending, economic activity and investment.
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Macquarie Group Ltd. Grows Stock Position in LATAM Airlines Group SA (NYSE:LTM)
- Macquarie Group Ltd. increased its position in shares of LATAM Airlines Group SA (NYSE:LTM) by 5.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 869,590 shares of the transportation company’s stock after buying an additional 47,300 shares during the quarter. Macquarie Group Ltd. […]
- 04/07/2020
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Analysts Set GeoPark Ltd (NYSE:GPRK) Price Target at $24.00
- GeoPark Ltd (NYSE:GPRK) has been assigned a consensus recommendation of “Hold” from the eight ratings firms that are covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company. The average twelve-month price […]
- 04/07/2020
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5,632 Shares in Southern Copper Corp (NYSE:SCCO) Purchased by Baird Financial Group Inc.
- Baird Financial Group Inc. bought a new stake in shares of Southern Copper Corp (NYSE:SCCO) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 5,632 shares of the basic materials company’s stock, valued at approximately $239,000. Other hedge funds and other institutional investors have […]
- 04/07/2020
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Brazil Firms Enter ‘Do Not Fire’ Pact as Virus Roils Economy
- (Bloomberg) — Brazilian companies from retailers to homebuilders and banks pledged to not fire employees during the crisis while the industry continued to adjust operations as politicians dis…
- 04/06/2020
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Itau Unibanco (NYSE:ITUB) Upgraded by Goldman Sachs Group to Buy
- Itau Unibanco (NYSE:ITUB) was upgraded by research analysts at Goldman Sachs Group from a “sell” rating to a “buy” rating in a research note issued to investors on Monday, Briefing.com Automated Import reports. A number of other equities analysts have also weighed in on the stock. ValuEngine lowered shares of Itau Unibanco from a “hold” […]
- 04/06/2020
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Itau Unibanco Holding SA (NYSE:ITUB) Stake Lessened by Quadrant Capital Group LLC
- Quadrant Capital Group LLC lowered its holdings in Itau Unibanco Holding SA (NYSE:ITUB) by 63.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,276 shares of the bank’s stock after selling 19,922 shares during the period. Quadrant Capital Group LLC’s holdings […]
- 04/06/2020
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Itau Unibanco upgraded to Buy from Sell at Goldman Sachs ITUB
- Itau Unibanco upgraded to Buy from Sell at Goldman Sachs Goldman Sachs ITUB
- 04/06/2020
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Shares of several financial services stocks are trading higher with the broader market on optimism that coronavirus cases in several US hotspots appear to be reaching their peak and global oil producers appear to be working toward production cooperation.
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Itau Unibanco to hold a conference call ITUB
- Itau Unibanco to hold a conference call ITUB
- 04/05/2020
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Southern Copper Corp (NYSE:SCCO) Shares Acquired by Alliancebernstein L.P.
- Alliancebernstein L.P. increased its stake in shares of Southern Copper Corp (NYSE:SCCO) by 29.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 288,489 shares of the basic materials company’s stock after purchasing an additional 65,351 shares during the quarter. Alliancebernstein L.P.’s […]
- 04/05/2020
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GeoPark (NYSE:GPRK) Stock Price Passes Below Two Hundred Day Moving Average of $17.74
- Shares of GeoPark Ltd (NYSE:GPRK) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $17.74 and traded as low as $7.60. GeoPark shares last traded at $8.48, with a volume of 331,900 shares changing hands. Several research analysts have recently weighed […]
- 04/04/2020
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Latam bankers prepare for dire quarter as deal flow dries up with coronavirus outbreak
- Bankers are preparing for a
dire second quarter in Latin America as M&A deals and share
offerings grind to a halt with the drastic drop in economic
activity during the COVID-19 pandemic.
Deal volume fell 41% in Latin America in the first quarter
compared with a year earlier, to $9.3 billion. In Brazil, which
began ordering residents to stay at home only by the end of
March, deal volume was up 17% in the first quarter, to $6.7
billion.
So far, no announced large deal in the region has been
canceled. The largest in the quarter, the $825 million
acquisition of Takeda Pharmaceutical operations in the
region by Brazilian pharmaceutical company Hypera has
received financing this week and is expected to close.
The Boeing-Embraer deal is also expected
to go through after regulatory approval, according to bankers
working on it.
But bankers say deal announcements are not expected during
the pandemic, as parties prefer to set the terms, including
price and payment schedule, once there is a clearer perspective
of when economic activity can resume.
"We are still working on deals, but new announcements will
depend on a clearer perspective of when the world can expect to
control the pandemic," said Alessandro Farkuh, investment
banking head at Bradesco BBI.
Amid the turmoil, setting prices for assets has been a
challenge for bankers.
"There will likely be a valuation revision for ongoing
deals. We know that the equities market is not a good proxy now,
but how to calculate future cash flows?," said Daniel Damiani, a
partner at Sao Paulo-based M&A boutique JK Capital.
When a time frame for resuming economic activity becomes
clearer, deal flow may resume, bankers said.
"Many private equity firms have a lot of cash. So there may
be good deal opportunities for them, as prices are lower and the
exchange rate is favorable," said Hans Lin, head of Brazil
investment banking at Bank of America.
Companies more affected by the pandemic may be forced to
look for a deal, bankers said.
Still, companies will face challenges getting bank loans or
other forms of debt to finance transactions. That could make
share swaps the favored form of currency in any near-term
acquisitions, said a senior banker at one of Brazil's biggest
lenders, who requested anonymity to discuss some of his clients'
deals.
The pandemic of COVID-19 - the potentially lethal
respiratory disease caused by the new coronavirus - and the
ensuing retreat from risk has also dampened foreign investors'
appetite for Brazilian assets, considering challenges to growth
and sharp exchange rate fluctuations, this banker added.
DEBT RESTRUCTURING
Debt restructuring, an area some banks tend to shift
resources to in tough times, may not pick up immediately, as
local banks have been ordered to loosen terms on credit lines
and agree to grace periods.
Eventual candidates for debt overhauls include industries
such as tourism, oil and gas and all parts of the auto supply
chain, restructuring specialists said.
Less clear is the fate of airlines, under severe pressure
but set to get a helping hand from Brazilian state development
bank BNDES.
Within Brazil's vast agribusiness sector, sugar and ethanol
producers are particularly vulnerable to the rout in fuel prices
caused by an oil price war between Saudi Arabia and Russia.
"The ethanol industry was already under pressure with a lot
of bankruptcies, and now ethanol prices do not cover the costs
any more", said Salvatore Milanese, founder of restructuring
firm Pantalica Partners.
A bill going through Congress may allow all companies under
bankruptcy protection to renegotiate existing debt restructuring
agreements already approved by creditors, considering new
revenue levels due to the COVID-19 pandemic. The bill also eases
the conversion of debt into equity.
Below are the tables for M&A advisory in Brazil and Latin
America
Brazil M&A League table
Financial advisor Deal value ($ Number of
million) deals
Bradesco 1,072 6
Bank of America 825 1
Itau Unibanco 774 8
JPMorgan 648 1
Morgan Stanley 519 2
BNP Paribas 517 1
Rotschild & Co 496 4
Banco Safra 272 2
Santander 212 1
Prisma Capital 140 1
Total 6,751 112
Latam M&A Advisory League table
Financial Deal value Number of
adviser ($ million) deals
Bank of America 1,135 2
Bradesco 1,072 6
Itau Unibanco 1,011 12
JPMorgan 648 1
Morgan Stanley 519 2
BNP Paribas 517 1
Rothschild & Co 496 4
UBS 350 1
Santander 333 5
Citi 310 2
Total 9,241 204
(Reporting by Tatiana Bautzer and Carolina Mandl; Editing by
Christian Plumb and Jonathan Oatis)
- 04/03/2020
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Southern Copper Corp (NYSE:SCCO) Stock Position Lifted by Cubist Systematic Strategies LLC
- Cubist Systematic Strategies LLC grew its position in shares of Southern Copper Corp (NYSE:SCCO) by 30.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 31,985 shares of the basic materials company’s stock after buying an additional 7,446 shares during the […]
- 04/03/2020
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Shares of several global financial services companies are trading lower. Not seeing any news to justify the price action.
|
Top NYSE Stocks | MarketBeat
- View the top-rated stocks listed on the New York Stock Exchange (NYSE)
- 04/02/2020
|
Top NYSE Stocks | MarketBeat
- View the top-rated stocks listed on the New York Stock Exchange (NYSE)
- 04/02/2020
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Shares of several financial services companies are trading higher as stocks gain for the session after Trump said Russia and Saudi Arabia are expected to cut oil production by 10 million barrels.
|
First Republic Investment Management Inc. Has $428,000 Stock Position in Itau Unibanco Holding SA (NYSE:ITUB)
- First Republic Investment Management Inc. trimmed its position in Itau Unibanco Holding SA (NYSE:ITUB) by 5.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 46,726 shares of the bank’s stock after selling 2,948 shares during the quarter. First Republic […]
- 04/01/2020
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Advisor Group Inc. Decreases Stake in Southern Copper Corp (NYSE:SCCO)
- Advisor Group Inc. decreased its holdings in Southern Copper Corp (NYSE:SCCO) by 11.0% in the 4th quarter, HoldingsChannel reports. The fund owned 3,902 shares of the basic materials company’s stock after selling 481 shares during the quarter. Advisor Group Inc.’s holdings in Southern Copper were worth $166,000 at the end of the most recent reporting […]
- 04/01/2020
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Shares of several banks and financial services companies are trading lower amid market weakness as macro concerns continue to grow as a result of the coronavirus pandemic. The coronavirus has led to lower investment and economic activity across sectors.
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Shares of several financial services companies are trading lower despite market strength. NOTE: The financial services in the lending industry have been negatively impacted by macro disruption amid coronavirus outbreak.
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Southern Copper Corp (NYSE:SCCO) Shares Purchased by Bank of America Corp DE
- Bank of America Corp DE lifted its holdings in Southern Copper Corp (NYSE:SCCO) by 90.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 633,557 shares of the basic materials company’s stock after acquiring an additional 300,122 shares during the quarter. Bank of America […]
- 03/30/2020
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AQR Capital Management LLC Lowers Stake in Southern Copper Corp (NYSE:SCCO)
- AQR Capital Management LLC lessened its position in shares of Southern Copper Corp (NYSE:SCCO) by 0.9% in the fourth quarter, Holdings Channel.com reports. The fund owned 356,062 shares of the basic materials company’s stock after selling 3,055 shares during the quarter. AQR Capital Management LLC’s holdings in Southern Copper were worth $15,126,000 at the end […]
- 03/28/2020
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Analysts Offer Insights on Financial Companies: Goldman Sachs Group (GS) and Itau Unibanco (ITUB)
- Analysts fell to the sidelines weighing in on Goldman Sachs Group (GS) and Itau Unibanco (ITUB) with neutral ratings, indicating that the experts are
- 03/27/2020
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Southern Copper Corp (NYSE:SCCO) Shares Acquired by Amalgamated Bank
- Amalgamated Bank lifted its holdings in Southern Copper Corp (NYSE:SCCO) by 5.1% during the fourth quarter, Holdings Channel reports. The fund owned 12,635 shares of the basic materials company’s stock after buying an additional 608 shares during the quarter. Amalgamated Bank’s holdings in Southern Copper were worth $537,000 as of its most recent filing with […]
- 03/27/2020
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JP Morgan Maintains Neutral on Itau Unibanco Holding, Lowers Price Target to $6
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Shares of several financial services and global banks companies are trading higher after the Senate passed a $2 trillion stimulus package in relief to the coronavirus pandemic.
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Advisors Asset Management Inc. Trims Stock Position in Southern Copper Corp (NYSE:SCCO)
- Advisors Asset Management Inc. lessened its stake in shares of Southern Copper Corp (NYSE:SCCO) by 2.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 146,916 shares of the basic materials company’s stock after selling 3,865 shares during the quarter. Advisors Asset Management Inc.’s […]
- 03/26/2020
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Save the date: conference call on measures related to the COVID-–9 pandemic
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Amundi Pioneer Asset Management Inc. Increases Position in Southern Copper Corp (NYSE:SCCO)
- Amundi Pioneer Asset Management Inc. lifted its holdings in Southern Copper Corp (NYSE:SCCO) by 8.6% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 275,574 shares of the basic materials company’s stock after buying an additional 21,816 shares during the period. Amundi Pioneer Asset […]
- 03/24/2020
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Raymond James Financial Services Advisors Inc. Buys 6,605 Shares of Southern Copper Corp (NYSE:SCCO)
- Raymond James Financial Services Advisors Inc. lifted its stake in Southern Copper Corp (NYSE:SCCO) by 36.3% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 24,810 shares of the basic materials company’s stock after purchasing an additional 6,605 shares during the period. Raymond James […]
- 03/24/2020
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Shares of several global banks and financial services companies are trading higher as equities gain amid hopes of a US stimulus agreement.
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Stocks That Hit 52-Week Lows On Monday
- On Monday morning, 720 companies hit new 52-week lows.
Noteworthy Mentions:
The largest company by market cap to set a new 52-week low was Alphabet (NASDAQ: GOOGL)...
- 03/23/2020
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GeoPark Ltd (NYSE:GPRK) Plans Quarterly Dividend of $0.04
- GeoPark Ltd (NYSE:GPRK) declared a quarterly dividend on Wednesday, March 4th, Zacks reports. Shareholders of record on Wednesday, March 25th will be paid a dividend of 0.041 per share by the oil and gas company on Wednesday, April 8th. This represents a $0.16 dividend on an annualized basis and a yield of 2.81%. The ex-dividend […]
- 03/23/2020
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Southern Copper (NYSE:SCCO) Downgraded by Bradesco Corretora
- Bradesco Corretora lowered shares of Southern Copper (NYSE:SCCO) from a neutral rating to an underperform rating in a research note published on Friday, The Fly reports. They currently have price target on the basic materials company’s stock. A number of other equities analysts have also weighed in on the company. Itau BBA Securities reissued a […]
- 03/23/2020
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Shares of several financial services companies are trading lower after a coronavirus stimulus bill failed a procedural Senate vote on Sunday. The sector has been impacted by the virus, which has slowed economic activity and led to to rate cuts.
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CIBC World Markets Inc. Makes New Investment in GeoPark Ltd (NYSE:GPRK)
- CIBC World Markets Inc. purchased a new position in shares of GeoPark Ltd (NYSE:GPRK) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 10,500 shares of the oil and gas company’s stock, valued at approximately $232,000. A number of other hedge funds […]
- 03/21/2020
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Top NYSE Stocks | MarketBeat
- View the top-rated stocks listed on the New York Stock Exchange (NYSE)
- 03/19/2020
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Top NYSE Stocks | MarketBeat
- View the top-rated stocks listed on the New York Stock Exchange (NYSE)
- 03/19/2020
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Stocks That Hit 52-Week Lows On Thursday
- On Thursday morning, 1178 companies hit new 52-week lows.
Facts of Interest:
The largest company by market cap to set a new 52-week low was Nuveen Preferred & Income...
- 03/19/2020
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Banco Bilbao Vizcaya Argentaria S.A. Purchases New Holdings in Southern Copper Corp (NYSE:SCCO)
- Banco Bilbao Vizcaya Argentaria S.A. purchased a new stake in Southern Copper Corp (NYSE:SCCO) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 27,016 shares of the basic materials company’s stock, valued at approximately $1,147,000. A number of […]
- 03/19/2020
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GeoPark (NYSE:GPRK) Cut to "Market Perform" at BMO Capital Markets
- GeoPark (NYSE:GPRK) was downgraded by equities researchers at BMO Capital Markets from an “outperform” rating to a “market perform” rating in a report released on Monday, Marketbeat.com reports. Several other research analysts also recently issued reports on GPRK. Itau Unibanco upgraded shares of GeoPark to a “buy” rating and set a $23.00 price objective on […]
- 03/18/2020
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Southern Copper Corp (NYSE:SCCO) Receives $38.13 Average Price Target from Brokerages
- Shares of Southern Copper Corp (NYSE:SCCO) have been given a consensus recommendation of “Hold” by the ten analysts that are presently covering the company, MarketBeat reports. Three research analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and two have assigned a buy recommendation to the company. The average […]
- 03/18/2020
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Fmr LLC Lowers Position in Southern Copper Corp (NYSE:SCCO)
- Fmr LLC trimmed its stake in Southern Copper Corp (NYSE:SCCO) by 13.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,902 shares of the basic materials company’s stock after selling 745 shares during the quarter. Fmr LLC’s holdings in Southern Copper were worth $208,000 […]
- 03/17/2020
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Brazil's Bovespa sinks as much as 14.5%; Petrobras -14%
- Brazilian markets plunge again, triggering the fourth automatic halt to stock market trading in a little over a week.At midday in Sao Paulo, the Bovespa index was down 10% at 74,378 points after falli
- 03/16/2020
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6,423 Shares in Southern Copper Corp (NYSE:SCCO) Acquired by Atria Investments LLC
- Atria Investments LLC bought a new position in shares of Southern Copper Corp (NYSE:SCCO) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 6,423 shares of the basic materials company’s stock, valued at approximately $273,000. Several other hedge funds have also bought and sold shares of […]
- 03/15/2020
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AlphaCrest Capital Management LLC Has $848,000 Stock Holdings in Southern Copper Corp (NYSE:SCCO)
- AlphaCrest Capital Management LLC boosted its stake in shares of Southern Copper Corp (NYSE:SCCO) by 6.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 19,974 shares of the basic materials company’s stock after purchasing an additional 1,199 shares during the period. AlphaCrest Capital Management LLC’s […]
- 03/14/2020
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Shares of several global financial services companies are trading higher as markets rebound following Thursday's crash. The financial sector has been volatile recently as the coronavirus has generated global economic uncertainty.
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Stocks That Hit 52-Week Lows On Thursday
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Shares of several global financial services companies are trading lower as global concerns of the coronavirus continue to grow. The sector has been negatively impacted, as the virus has disrupted economic conditions and hampered growth outlook.
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Shares of several financial services companies are trading lower as global concerns of the coronavirus continue to grow. The sector has been negatively impacted, as the virus has disrupted economic conditions and hampered growth outlook.
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Shares of several financial services companies are trading higher as markets look to be rebounding following Monday's selloff. The US late Monday said it may take certain steps to improve the US economy amid the virus outbreak,
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Southern Copper Corp (NYSE:SCCO) Shares Sold by Mackay Shields LLC
- Mackay Shields LLC trimmed its holdings in shares of Southern Copper Corp (NYSE:SCCO) by 21.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 39,084 shares of the basic materials company’s stock after selling 10,547 shares during the period. Mackay Shields LLC’s holdings in Southern Copper […]
- 03/09/2020
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Southern Copper Corp (NYSE:SCCO) Shares Sold by Charles Schwab Investment Management Inc.
- Charles Schwab Investment Management Inc. lessened its stake in Southern Copper Corp (NYSE:SCCO) by 5.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 221,573 shares of the basic materials company’s stock after selling 13,200 shares during the quarter. Charles Schwab Investment […]
- 03/09/2020
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51 Financial Services Stocks Moving In Monday's Pre-Market Session
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Stocks That Hit 52-Week Lows On Friday
- Friday morning, 940 companies set new 52-week lows.
Interesting Points:
The largest company by market cap to set a new 52-week low was Bank of America (NYSE: BAC).
The...
- 03/06/2020
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Shares of several financial services companies are trading lower amid the global coronavirus outbreak, which has hampered economic growth outlook and affected a wide array of industries.
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BNP PARIBAS ASSET MANAGEMENT Holding S.A. Has $2.01 Million Stake in GeoPark Ltd (NYSE:GPRK)
- BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its holdings in shares of GeoPark Ltd (NYSE:GPRK) by 4.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 91,149 shares of the oil and gas company’s stock after purchasing an additional 3,624 shares during the […]
- 03/05/2020
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Stocks That Hit 52-Week Lows On Thursday
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BMO Capital Markets Initiates Coverage on GeoPark (NYSE:GPRK)
- Equities research analysts at BMO Capital Markets started coverage on shares of GeoPark (NYSE:GPRK) in a research report issued to clients and investors on Monday, Marketbeat Ratings reports. The firm set an “outperform” rating and a $25.00 price target on the oil and gas company’s stock. BMO Capital Markets’ price target would indicate a potential […]
- 03/04/2020
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Itau Unibanco shares are trading lower. Not currently seeing any company-specific news.
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GeoPark (GPRK) Scheduled to Post Earnings on Wednesday
- GeoPark (NYSE:GPRK) is scheduled to post its quarterly earnings results after the market closes on Wednesday, March 4th. Individual interested in listening to the company’s earnings conference call can do so using this link. Shares of NYSE:GPRK opened at $16.66 on Monday. GeoPark has a 52 week low of $14.01 and a 52 week high […]
- 03/02/2020
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5,000 Shares in GeoPark Ltd (NYSE:GPRK) Acquired by Baker Ellis Asset Management LLC
- Baker Ellis Asset Management LLC bought a new position in GeoPark Ltd (NYSE:GPRK) in the 4th quarter, Holdings Channel reports. The fund bought 5,000 shares of the oil and gas company’s stock, valued at approximately $111,000. Other institutional investors have also recently added to or reduced their stakes in the company. Toth Financial Advisory Corp […]
- 02/28/2020
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Aviva PLC Purchases 5,360 Shares of Southern Copper Corp (NYSE:SCCO)
- Aviva PLC grew its position in shares of Southern Copper Corp (NYSE:SCCO) by 9.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 60,174 shares of the basic materials company’s stock after purchasing an additional 5,360 shares during the quarter. Aviva PLC’s holdings in […]
- 02/28/2020
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Stocks That Hit 52-Week Lows On Friday
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GeoPark (NYSE:GPRK) Lowered to C+ at TheStreet
- TheStreet lowered shares of GeoPark (NYSE:GPRK) from a b rating to a c+ rating in a report published on Monday morning, TheStreetRatingsTable reports. GPRK has been the subject of a number of other research reports. ValuEngine upgraded shares of GeoPark from a sell rating to a hold rating in a research note on Tuesday, February […]
- 02/27/2020
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Stocks That Hit 52-Week Lows On Thursday
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44 Stocks Moving in Wednesday's Pre-Market Session
- Gainers
Tonix Pharmaceuticals Holding Corp (NASDAQ: TNXP) shares rose 33.3% to $0.54 in pre-market trading after falling 6.6% on Tuesday.
SemiLEDs Corporation (NASDAQ: LEDS)...
- 02/26/2020
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Southern Copper Corp (NYSE:SCCO) Shares Sold by Krane Funds Advisors LLC
- Krane Funds Advisors LLC cut its position in shares of Southern Copper Corp (NYSE:SCCO) by 27.8% in the 4th quarter, HoldingsChannel.com reports. The firm owned 10,594 shares of the basic materials company’s stock after selling 4,088 shares during the period. Krane Funds Advisors LLC’s holdings in Southern Copper were worth $450,000 at the end of […]
- 02/25/2020
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Cambridge Investment Research Advisors Inc. Sells 646 Shares of Southern Copper Corp (NYSE:SCCO)
- Cambridge Investment Research Advisors Inc. lessened its stake in shares of Southern Copper Corp (NYSE:SCCO) by 6.9% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 8,770 shares of the basic materials company’s stock after selling 646 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings […]
- 02/25/2020
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Shares of several financial services companies are trading lower as markets fall amid the continued spread of the coronavirus, which has weighed on global economic outlook, impacting stocks across sectors.
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Shares of several financial services companies are trading lower amid continued spread of coronavirus including notable upticks in Iran and Italy. NOTE: The virus has raised fear of a global economic slowdown.
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Southern Copper Corp (NYSE:SCCO) Shares Bought by Jennison Associates LLC
- Jennison Associates LLC raised its position in Southern Copper Corp (NYSE:SCCO) by 0.3% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 382,817 shares of the basic materials company’s stock after acquiring an additional 1,312 shares during the quarter. Jennison Associates LLC’s holdings in Southern Copper were worth $16,262,000 at the end of the […]
- 02/23/2020
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