On Thursday, Shares of Banco Bradesco SA (ADR)(NYSE:BBD), added 2.12% and closed at $9.65 in the last trading session. The last trading range of the stock ranges between $9.33 and $9.69. Banco Bradesco S.A. provides banking and financial products and services to individuals, companies, and corporations and institutions. The company operates through two segments, Banking; and Insurance, Pension Plans and Capitalization Bond. It accepts various deposit products, such as demand and time deposits, checking and savings accounts, interbank deposits from financial institutions, and accounts for salary purposes. The company also offers loans comprising personal and short-term loans, vehicle financing, overdraft loans, and payroll-deductible loans; housing loans; and government-funded long-term loans, such as BNDES onlending/FINAME. In addition, it offers other corporate loans and advances, such as short-term loans; working capital loans; corporate overdraft loans; discounting trade receivables, promissory notes, checks, credit card and supplier receivables, etc.; financing for purchase and sale of goods and services; investment lines for acquisition of assets and machinery; rural loans; and microcredit to low-income individuals and small companies. Further, the company provides life and personal accident, health, automobile, property, casualty, and liability insurance products, in addition to insurance against miscellaneous events; reinsurance products; pension plans; and capitalization bonds. In Addition To, it offers credit, debit, and pre-paid cards; cash administration solutions; public authority solutions; asset administration services; services related to capital markets and investment banking activities; intermediation and trading services; capital markets solutions; international banking services; import and export financing; consortiums; and receipts and payments solutions.
Embraer SA (ADR)(NYSE:ERJ), jumped 4.72% and closed at $17.98 in the last trading session. The last trading range of the stock ranges between $17.41 and $18.06. The company’s Market capitalization is $3.31 Billion with the total outstanding Shares of 734.74 million. Embraer S.A. (NYSE: ERJ; BM&F BOVESPA: EMBR3) declares to its shareholders and the market that it is seeking to finalize final agreements with the U.S. Department of Justice and the U.S. Securities and Exchange Commission for the settlement of the allegations of criminal and civil Violations of the U.S. Foreign Corrupt Practices Act. In addition, the Company is seeking to finalize final agreements with the Brazilian Federal Public Prosecutor’s Office (Ministério Público Federal) and the Brazilian Securities and Exchange Commission (Comissão de Valores Mobiliários) for the settlement of the allegations of non-compliance with certain Brazilian laws.
We expect that the final agreements, if they are finalized, will be consistent with our prior disclosure made on July 29, 2016.
In fulfillment of our regulatory requirements, we will inform our shareholders and the market if and when the final agreements are finalized and become effective.
Companhia Siderurgica Nacional (ADR)(NYSE:SID), dropped -4.06% and closed at $3.07 in the last trading session. The last trading range of the stock ranges between $3.02 and $3.11. During the 52-week trading session the minimum price at which share price traded, registered at $0.73 and reached to max level of $3.92. Companhia Siderúrgica Nacional operates as an integrated steel producer in Brazil. It operates through five segments: Steel, Mining, Logistics, Cement, and Energy. It offers flat steel; slabs; hot-rolled products, counting heavy and light-gauge hot-rolled coils and sheets; cold-rolled products comprising cold-rolled coils and sheets; galvanized sheets and coils; tin mill products that consist of flat-rolled low-carbon steel coils or sheets; profiles, sections, channels, UPE sections, and steel sleepers; and long steel products. The company mainly explores for iron ore reserves at Casa de Pedra mine located in the city of Congonhas in the state of Minas Gerais, Brazil. It sells iron ore products in Asia, Europe, and Brazil. The company also engages in logistics business comprising railway and port facilities; produces and sells cement; and generates electric power from its thermoelectric co-generation and hydroelectric power plants. The company also exports its products.