-
Coca-Cola FEMSA Gets Third Downgrade Of 2016
Monday, July 25, 2016 - 8:57am | 437Read More...Citi has downgraded Coca-Cola FEMSA, S.A.B. de C.V. (ADR) (NYSE: KOF) to Sell from Neutral on lower profit in Venezuela and a longer-than-expected CSD (carbonated soft drink) slump in Brazil. This is the third downgrade for Coca-Cola FEMSA this year. In January, Goldman Sachs downgraded the stock...
-
Is Brazil's Investment Climate Improving? BRF SA Stands To Benefit
Tuesday, July 19, 2016 - 11:46am | 336Read More...Contrary to public belief, Brazil's investment climate may be improving. According to Trading Economics, Brazil recorded a capital and financial account surplus of USD$1720.30 million in May of this year. While Brazil's economy underwent a great recession last year, that...
-
The Rio Olympics Are Off To A Disastrous Start
Monday, July 4, 2016 - 11:14am | 542Read More...Five weeks before the 2016 Olympics are to be held in Rio de Janeiro, the news is awash with embarrassing and in some cases downright gruesome headlines that call into question the safety or even feasibility of holding the games in Rio. Last week, a human foot washed up on Copacabana beach,...
-
Banking Woes Not Over For Brazil ETFs
Tuesday, June 21, 2016 - 1:23pm | 606Read More...The iShares MSCI Brazil Index (ETF) (NYSE: EWZ) is higher by nearly 36 percent this year, making it one of the best performing emerging markets single-country exchange-traded funds. EWZ's performance and those of Brazilian stocks is undoubtedly impressive in the face of steep economic and...
-
Loving Latin America ETFs
Friday, June 17, 2016 - 8:33am | 538Read More...After a couple of years of dismal showings, Latin America exchange-traded funds are roaring back in 2016. For example, the iShares S&P Latin America 40 Index (ETF) (NYSE: ILF) is higher by nearly 15 percent year-to-date. At the country level, the iShares MSCI All Peru Capped Index Fund (NYSE:...
-
Exclusive: NuVasive CEO Talks M&A, Brazil, And The Company's Biggest Weakness
Tuesday, June 14, 2016 - 12:45pm | 1163Read More...The Benzinga news desk recently had the opportunity to speak with Greg Lucier, CEO of NuVasive, Inc. (NASDAQ: NUVA). Below is a partial transcript of the call. BZ: Want to start off with the Biotronic acquisition, an Ann Arbor company. You mentioned the service footprint in your PR. I wanted to...
-
Here's How To Play Brazilian Infrastructure
Friday, June 3, 2016 - 11:46am | 264Read More...The Brazilian government has unveiled a major infrastructure investment program to help stimulate its sluggish economy. Goldman Sachs analyst Marcio Prado believes the new initiatives create a buying opportunity for transportation investors. “Given levered balance sheets, we believe...
-
Weighing Zika's Global-Spread Risks Ahead Of Brazil Olympics
Monday, May 23, 2016 - 3:54pm | 563Read More...As the Brazil Olympics creeps around the corner, researchers are struggling to figure how much of a risk the Games might pose in spreading the Zika virus around the world. The Games As many as 200,000 Americans are expected to travel to Rio de Janeiro for the Olympics in August, a New York Times...
-
Is Now A Good Time To Invest In Brazil?
Tuesday, May 17, 2016 - 1:33pm | 392Read More...In Monday morning’s PreMarket Prep, Jamie Anderson, managing principle of Tierra Funds, discussed the Tierra XP Latin America Real Estate ETF (NYSE: LARE) and whether or not investors should be buying Brazil. Brazil is currently in the middle of its longest recession in 80 years, and its...
-
Rebounding EM Currencies Lift This Bond ETF
Friday, May 6, 2016 - 3:00pm | 518Read More...Rebounding commodities prices and a weaker dollar have been cited as driving factors for several well-known asset classes and sectors this year. Previously downtrodden emerging markets currencies are soaring this year with plenty of help from the two aforementioned catalysts. As a result, emerging...
-
Value Is Working Here, Too
Thursday, May 5, 2016 - 4:17pm | 541Read More...This year, investors are hearing plenty about the resurgence of the value factor and the reemergence of emerging markets equities and exchange-traded funds. On that note, it would appear logical that marrying those two themes would be rewarding. The PowerShares FTSE RAFI Emerging Markets Portfolio...
-
What Happened Last Time Brazil Shut Down WhatsApp?
Tuesday, May 3, 2016 - 9:26am | 366Read More...A judge in Brazil ordered Facebook Inc (NASDAQ: FB) to shut down its messaging app WhatsApp – again. As of 2:00 p.m. ET on Monday, WhatsApp's users in Brazil no longer had access to the popular messaging app. According to CNN, Facebook failed to release data to the government as part of an...
-
Brazil ETF Fights Off Troubling Economic News
Friday, April 29, 2016 - 9:58am | 453Read More...Once one of the most savagely repudiated single-country emerging markets exchange traded funds, the iShares MSCI Brazil Capped ETF (NYSE: EWZ) is regaining its darling status this year. EWZ, the largest Brazil ETF, is up more than 41 percent year-to-date, or more than five times the returns...
-
Brazil's Parliament Voted To Commence Impeachment Charges Against President Rousseff
Monday, April 18, 2016 - 9:08am | 240Read More...Brazil's troubling political situation may have taken a turn for the worse as the country's Parliament voted to commence impeachment proceedings against President Dilma Rousseff. Rousseff faces charges of manipulating government accounts. As noted by the BBC, she is accused of "using creative...
-
ETF Investors Were Skittish Ahead Of Brazil Impeachment Vote
Monday, April 18, 2016 - 6:54am | 634Read More...Ahead of Sunday's vote by Brazil's lower house of congress to impeach President Dilma Rousseff, exchange traded funds investors did not scamper into ETFs tracking Latin America's largest economy in big numbers. As of 12 a.m. Eastern time, 439 votes had been cast in Brazil's...
















