Previous close | 2.6900 |
Open | 2.6900 |
Bid | 2.7000 x 300400 |
Ask | 2.7400 x 39400 |
Day's range | 2.6700 - 2.7200 |
52-week range | 2.5000 - 4.7400 |
Volume | |
Avg. volume | 44,533,672 |
Market cap | 28.778B |
Beta (5Y monthly) | 0.65 |
PE ratio (TTM) | 5.87 |
EPS (TTM) | 0.4600 |
Earnings date | N/A |
Forward dividend & yield | 0.19 (7.06%) |
Ex-dividend date | 02 Feb 2023 |
1y target est | 4.17 |
A Brazilian court has ordered the seizure of all corporate emails of managers and board members from bankrupt retailer Americanas SA sent and received over the last 10 years, according to documents seen by Reuters. Judge Andrea Palma of federal court in Sao Paulo earlier this week agreed with a request from Americanas creditor Banco Bradesco SA asking for the seizure of the emails, citing its belief that "directors, board members, shareholders and auditors allowed a giant accounting fraud to happen."
Brazilian bank BTG Pactual obtained a court decision on Wednesday overturning part of Americanas SA's protection from creditors, according to court documents seen by Reuters, in a move the retailer says "harms its viability". The decision of appeal judge Flavio Horta Fernandes reversed a previous order that BTG Pactual return money it received from the company's accounts with the bank to pay for a credit line. BTG confirmed the decision in a securities filing, but did not give details.
Brazilian lenders BTG Pactual, Bradesco and Santander Brasil are among those most exposed to debt of Americanas SA, analysts' estimates showed on Monday, after the retailer obtained an injunction protecting it from creditors. Analysts at JPMorgan and Citi said in research notes that Banco Bradesco SA had the largest nominal exposure to the firm, while Banco BTG Pactual SA topped exposure as a proportion of loans.