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Tag: brasil
Stxnews Latam-BofA ups target on BRF Brasil Foods stock on exports
2013-07-15 16:38:09| Food - Topix.net
Bank of America Merrill Lynch analysts led by Fernando Ferreira raised the price target for shares of BRF Brasil Foods SA , the world's largest poultry exporter, to 54 reais from 52 reais to account for a recent decline in Brazil's currency, which should help boost proceeds from exports.
DirecTV finds Sky Brasil overstated customer numbers
2013-06-27 15:22:00| Telecompaper Headlines
(Telecompaper) Pay-TV provider DirecTV announced that its subsidiary Sky Brasil has been overstating subscriber numbers for several months. An internal investigation started in April found that some employees were improperly waiving or reducing subscription fees for some customers in order to limit churn. DirecTV said the unauthorised sales practices led to an overstatement in active customer numbers of around 100,000 as of end-2012 and around 200,000 as of March this year. The customers who would have otherwise no longer receiver Sky services will have their contracts with the operator terminated by the end of this month. DirecTV will take a one-time charge of USD 25 million in the second quarter to write-off the costs of the terminated customers and their equipment. In addition, due to increased competition, economic and other factors, the company said it expects Sky Brasil's on-going churn will be higher than previously anticipated. Further details will be discussed at its second-quarter report, scheduled for 01 August. The internal investigation into the matter is still ongoing.
Tags: customer
numbers
brasil
sky
Hilman Rollers to Exhibit at OTC Brasil 2013
2013-06-13 16:03:00| Power Technology
Hilman Rollers will be hosting a booth at October's Offshore Technology Conference (OTC) Brasil 2013.
Tags: brasil
exhibit
otc
rollers
JBS to buy Brazilian poultry producer Seara Brasil for $2.7bn
2013-06-12 01:00:00| Food Processing Technology
Brazilian meat producer JBS has entered into an agreement to acquire poultry and pork producer Seara Brasil, which is owned by Marfrig Alimentos, in a deal worth BRL5.85bn ($2.72bn) including the assumption of outstanding debt.
Tags: buy
brasil
producer
brazilian
ECA ROBOTICS to Attend Brasil Offshore 2013
2013-05-30 17:40:00| Offshore Technology
ECA ROBOTICS is pleased to announce that it will attend the 2013 Brasil Offshore International Conference and Fair, which will take place 11-14 June in Macaé, Brazil.
Tags: brasil
attend
offshore
robotics
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