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Tag: latam
JPMorgan On LatAm Airlines: Gol Linhas Shares Upgraded
2016-03-28 20:03:11| Airlines - Topix.net
Gol Linhas Aereas Inteligentes SA surged as much as 14 percent after JPMorgan upgraded the airline to Neutral from Underweight as the company's recent liquidity-enhancing announcements and stronger BRL "should allow for a material reduction in risk perception." "We upgrade to N in light of the still-weak macro/demand environment in Brazil and GOL's elevated leverage," analyst Fernando Abdalla wrote in a client note.
Tags: shares
airlines
upgraded
gol
LATAM Airlines Group SA (NYSE:LFL) Receives Consensus Recommendation of "Hold" from Analysts
2016-03-02 20:54:22| Airlines - Topix.net
LATAM Airlines Group SA has been assigned a consensus rating of "Hold" from the eight analysts that are covering the company, AnalystRatings.NET reports . Three equities research analysts have rated the stock with a sell recommendation and five have assigned a hold recommendation to the company.
Tags: group
hold
receives
recommendation
Facebook's LatAm VP arrested by Brazilian police
2016-03-02 08:51:00| Telecompaper Headlines
(Telecompaper) Police in Sao Paulo have arrested Facebook's vice-president for Latin America for failing to cooperate with judicial orders in a criminal investigation. Diego Dzodan was taken into custody at Garulhos airport and is being questioned about Facebook subsidiary WhatsApp's alleged failure to reveal messages relating to a suspected drug-trafficking ring. The judge investigating the case imposed a daily penalty of BRL 1 million on the company for denying the request and has now ordered the arrest of Dzodan "for obstructing the police investigation."
Tags: police
arrested
brazilian
latam
Telefonica, China Unicom to launch Phicomm phone in LatAm
2016-02-29 11:28:00| Telecompaper Headlines
(Telecompaper) Telefonica and Chinese mobile operator China Unicom have announced plans to launch the low-cost C630 smartphone from Chinese vendor Phicomm in key Telefonica markets in Latin America later this year. The deal to sell the C630 is part of the joint procurement agreement signed by Telefonica and China Unicom last year to select smartphones based on shared specifications at improved economies of scale. The C630 is a Qualcomm Snapdragon 210-powered, LTE-enabled handset with a 5-inch FWVGA screen and 1GB RAM that sells for the equivalent of around EUR 35 in the Indian market. In a statement, Telefonica said the phone would be available in Latin America starting from the second quarter and that the distribution deal was part of its aim to accelerate the penetration of 4G devices and services at more affordable end-consumer price points.
Tags: phone
china
launch
telefonica
LATAM Airlines Group SA (LFL) Rating Lowered to Strong Sell at Zacks Investment Research
2016-02-17 05:45:12| Airlines - Topix.net
According to Zacks, "LATAM Airlines Group S.A. offers domestic and international passenger and cargo air services. The Company operates primarily in Chile, the United States, the South Pacific, Europe and Latin America.
Tags: group
research
rating
sell
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