HALISTER: Slim’s Carso Offers 15% Premium to Buy Rest of Spain’s FCC

Slim’s Carso Offers 15% Premium to Buy Rest of Spain’s FCC

Alert: HALISTER
Source: BN (Bloomberg News)

Tickers
FCC SM (Fomento de Construcciones y Contratas SA)

People
Arturo Ayub (Telefonos de Mexico SAB de CV)
Carlos Slim Helu (America Movil SAB de CV)
Esther Koplowitz (Fomento de Construcciones y Contratas SA)
Jose Cuervo Garcia (Universidad Complutense De Madrid)
William Gates (Microsoft Corp)

To de-activate this alert, click here
To modify this alert, click here

UUID: 7947283

HALISTER1: JBS Declines Most on Ibovespa on Concern Over Corruption Probe

JBS Declines Most on Ibovespa on Concern Over Corruption Probe

(Bloomberg) -- Shrs drop 15% to 10.65 reais, biggest decline since Oct. 2008; worst performer on Ibovespa.
  • Benchmark equity index +4.6%
  • JBS falls as Brazil’s biggest corruption scandal in history escalates
  • “The market is worried that suspicions about the company may arise,” Clear Corretora analyst Raphael Figueredo says
    • NOTE: On Jan. 27, JBS Tumbles as Prosecutor Accuses Executives of Financial Crime
    • NOTE: Controlling co. has denied any irregularities
    • NOTE: On Jan. 6, JBS Sinks Most Since 2009 on Report Former Shareholder Probed
    • NOTE: On Dec. 22, JBS Falls Most Since 2012 on Report of Payments to Shell Company
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

Tickers
JBSS3 BZ (JBS SA)

People
Raphael Figueredo (Clear Corretora)

To de-activate this alert, click here

UUID: 7947283

HALISTER: Allstate Forms Rail-Car Venture to Counter Interest Rate Risks

Allstate Forms Rail-Car Venture to Counter Interest Rate Risks

Alert: HALISTER
Source: BN (Bloomberg News)

Tickers
ALL US (Allstate Corp/The)
BMO CN (Bank of Montreal)
BRK/A US (Berkshire Hathaway Inc)

People
Thomas Wilson (Allstate Corp/The)
Warren Buffett (Berkshire Hathaway Inc)

To de-activate this alert, click here
To modify this alert, click here

UUID: 7947283

HALISTER1: BCB May Curb Volume of FX Swaps to Limit Volatility, Icap Says

BCB May Curb Volume of FX Swaps to Limit Volatility, Icap Says

(Bloomberg) -- BCB may take advantage of moments like those seen today, a strong rally, to ease its position on FX swaps, Juliano Ferreira, strategist at Icap do Brasil says in phone interview.
  • BRL pared gains today after BCB rolled over 8,000 of 9,600 swaps contracts offered in an auction; earlier, USD/BRL dropped below 3.70 on speculation corruption probes could increase the odds of a President Rousseff exit
  • BCB may keep rollovers from tomorrow to the same amount of contracts effectively sold today; BCB seeks to curb volatility, not to avoid BRL breaching any mark
  • BRL trend continues to be positive, Ferreira says; besides political scenario, mkt gains today also linked to U.S. job data that beat expectations but showed wages unexpectedly declined
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

People
Juliano Ferreira (ICAP PLC)

To de-activate this alert, click here

UUID: 7947283